Credit Report Blog» Credit Scores

How high or low can credit scores go?

admin — Mon, 06 Feb 2012 01:32:22 +0000

Question by I want my *old* MTV: How high or low can credit scores go?
I commonly see 850 as the limit on credit score advertisements and usually either 450 or 350 as the minimum. But could it goes well below 100 or even above 1,000?

Best answer:

Answer by KL
350 to 850, depending on the credit bureau

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Q&A: RE: How much will this help our credit scores?

admin — Sun, 29 Jan 2012 08:32:28 +0000

Question by Lyn M: RE: How much will this help our credit scores?
My husband and I have a chance to pay off the items that are derrogatory on our credit reports. We will be left with three small credit cards that are in good standing with no late payments, student loans, our car loan, and our mortgage. Most of the negative items are medical bills with a few others that are not leaving a favorable impression. If we pay off the negative things and they are reflected as such, how much could we anticipate our credit scores will improve?

Best answer:

Answer by tonalc1
Delinquent accounts have a negative affect, so yes, paying them off would have some effect.

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Q&A: Where can I get financial consultation or advice on student loans, consolidation, credit scores and mortgages?

admin — Sat, 21 Jan 2012 15:32:22 +0000

by ShashiBellamkonda

Question by Ryan: Where can I get financial consultation or advice on student loans, consolidation, credit scores and mortgages?
I am a graduate student nearing graduation and have a heafty student loan around 160k. In addition, my credit score is poor because of a few missed payments. I would like to talk with someone who can give me unbiased advice on how to tackle my student loans as well as provide insight on possibly buying a house, consolidating my debt and raising my credit score.

Best answer:

Answer by you_me_us16
These question haunt many of us and if you can get it together and get over this in the short of it let us all know!

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There are “credit check” for credit scores, but what is is called that the banks check?

admin — Fri, 13 Jan 2012 22:32:02 +0000

Question by HereAndNow: There are “credit check” for credit scores, but what is is called that the banks check?
Meaning, I know some may check your credit score, but they also look for something else, I forget what’s its called though. Has to do with bounced checks and old bank accounts that may show up that were overdrawn from in the past that were never paid back, and so on. What is this called? It’s something like a “credit score” back ground check, but it’s not that and used by many banks that check new customers backgrounds before they open up an account for them at their bank.

Best answer:

Answer by Skyhawk
ChexSystems.

http://en.wikipedia.org/wiki/ChexSystems

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