Posted by Bouton Adalene on Wednesday, 11 September, 2019 05:06:15
On the credit scoring scale of 350 to 850, a 675 credit score is considered good. Although "good" isn't the highest-scoring tier — "great" and "excellent" are in the top two — you'll have more financing opportunities available to you than you would at the lower tier of "fair."
A 675 credit score (very similar to a 674 credit score or a 676 credit score) falls within the "Fair" range on the scale.
What does a 675 credit score mean and how it affects your life? While being in the fair credit range is not the worst, it still has cons. Because many with a 675 credit score may be deemed a potentially risky borrower, it is not uncommon for folks with this credit score to be offered credit cards and loans with higher interest rates.
Your FICO credit score is a compilation of data about your past and present credit and financial condition. Both positive and negative information combine to make up a FICO score, and it affects whether you can get credit such as mortgages, credit cards and auto loans and the interest rate you'll pay.
Each credit agency provides you with a credit score, and these three scores combine to create both your 675 FICO Credit Score and your VantageScore. Your score will differ slightly among each agency for many reasons, including their unique scoring models and how often they access your financial data.
My Credit score is a 675 and I have applied for 2 credit cards and can not get apporval . Why ? I have recently gotten divorced and all the accounts where in his name and now I can not get a credit card to save my life can you help me understand why?