What is considered a good credit score for credit cards?

Answer On One Hand: 700 to 720 Considered GoodAccording to CBS News, the median FICO in the US hovers at just above 700. As long as you have a score between 700 and 720 you should qualify for most credit ... Read More »

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What is the optimal number of credit cards for a good credit score?

On One Hand: No More than SevenAccording to the Motley Fool, if you have more than seven credit cards your credit score will suffer. The FICO scoring model, developed by the Fair Isaac Corp., penal... Read More »

Will canceling credit cards with high available credit hurt my credit score?

Closing a credit card with a high available credit limit will lower your available credit, as well as remove some of your credit history. Typically, it does lower a borrower's credit score, althoug... Read More »

Is a credit score of 766 considered good?

A credit score of 766 means you have excellent creditworthiness, according to Bankrate. You should, however, be careful to pay your bills on time because as of 2009, most lenders consider 760 as th... Read More »

What is considered a good credit score for an FHA mortgage?

On One Hand: 580 or HigherAccording to CNN Money, as of 2010 the FHA is instituting a minimum credit score of 580 for a borrower to qualify for a 3.5 percent down payment on a home. If your credit ... Read More »