Is 711 a good credit score?
Answers: If you can get your score up over 760, that would be a really excellent score that would earn you the best interest rates, lower insurance premiums, etc. Your score is good, but look around (FICO's site, money.cnn, etc.) and find ways that you can improve your score.
Today I called my mortgage company and asked about interest rates for a hypothetical refinance, and the very nice representative looked up my three FICO scores for me ... didn't cost me a dime. She told me which score came from which company - you have three - and there was a 22-point range.
Keep in mind that your FICO affects a lot more than just interest rates, unfortunately. Your homeowner's insurance can vary dramatically depending on your FICO score.
yes, offcourse
u can get loans at a cheaper rate
How many credit cards is ideal for a healthy credit score?
Answers: To have the very best credit score and profile people need 3 credit card accounts (revolving) with balances below 30% of their credit limit and 2 cars, boats, homes, furniture or personal accounts (installment) all with good long pay history's.
The number of cards is not as important as:
* how long the account has been open. It is better to have 8 accounts all 10+ years old than 2 new ones
* how much of your credit limit you are using. They like to see what you are using your credit wisely - aim for no more than 25% credit used on any one card
* history of repayment - having a card that you never use is not as good as using it every month for something small and paying in full
Getting my first credit card...?
I'm a college student and I want to build up my credit but not use it all the time (emergencies). Do you recommend any bank or organizations contained by particular? What should I look for?Answers: College Student, Student Credit Card, some companies own some great cards for students, Discover, Chase, AMEX even has Blue for Students, those are adjectives pretty good cards, and will look appropriate on credit reports is you keep it current. Watch for APR's and be paid sure there are NO annual fees. Annual fees on credit cards are ridiculous. Some other companies are Citibank(GREAT STUDENT CARD), Bank of America...adjectives good cards.
American Blue Express Credit Card: Apart from no annual levy feature of the American Blue Express it also give cash returns on specific purchases. Users of the American Blue Express also wallow in protection against fraud for online credit card transactions. This card tries to right the various wrong notions in the region of the American Express credit cards, one of which is that it is a credit card only for rich or those who enjoy money to keep a credit card.
Getting this card will also bequeath you access to various other cards from American Express. American Express target people of different styles and taste. There is an appropriate American Express card for everybody in the home. The company also wants to target a niche souk for credit cards, especially women and the youth. With this aim in mind, the American Blue Express be created.
http://www.complete-debt-info.com/catego...
The Chase Visa is a good card contained by this situation...Email me for an 800 number and a few details about benefits. Good luck contained by college.