Credit Repair

Is 719 A Good Credit Score – Credit Score Scale

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Is 719 A Good Credit Score – Review

Within the credit world, your credit score is invaluable. Before a lender will issue you credit of any sort, they refer to your credit history to determine your credit score. The higher your credit score is, the better your interest rates and loan amount will be. Bad credit scores below 579 is considered extremely high risk. Bankruptcies, poor payment history, foreclosures and other severe financial events may put you in this category. You may not qualify for any credit with this score. Poor credit scores ranging from 580 to 619 are considered high risk, with extremely high interest rates. Ok credit scores from about 620 to 679 are considered medium risk. Expect to see moderate to high interest rates. Good credit score ranging from about 680 to 719 are considered good. Expect to see more approvals and better interest rates. Very good credit scores ranging from about 720 to 799 are considered low risk and are marked by excellent interest rates and high loan amounts. Excellent credit scores above 800 are considered excellent and extremely low risk. At this rate, will qualify for the best interest rates and loans.

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