What is the Meaning of Credit Score Comments?

Answer Your credit score is meant to be a numerical representation of your overall credit worthiness and credit history. For this reason, there are no official comments that go with your credit score. How... Read More »

Top Q&A For: What is the Meaning of Credit Score Comments

What is the meaning of a credit score of 835?

A credit score of 835 on the FICO credit scoring scale, the most widely used score, is a very high score. The maximum score equals 850, and only 13 percent of people have scores over 800, according... 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 »

What is a good credit score on a credit score scale?

On One Hand: Over 700 on the FICO ScaleThe FICO credit scoring scale runs from 300 to 850, with higher scores signifying a more credit-worthy individual. A score of 700 or higher signifies that you... Read More »

Do lenders use credit score or fico score for mortgage rate?

Lenders use both credit and FICO scores to determine mortgage rates for individual borrowers. Mortgage companies use a "tri-merge" credit report that lists credit bureau scores from Experian, Equif... Read More »