Generally, the minimum credit score needed to be approved for a personal loan is 610 to 640. However, borrowers with a 705 credit score are well above the minimum threshold and, along with others in the good range, get an estimated average APR of 15.5%, according to NerdWallet data. What...
What Is a Good Debt-to-Income Ratio? The lower the better Which is the opposite of credit scoring But as long as you’re below the max It shouldn’t affect your home loan application Unlike a credit score, where higher is better, a good debt-to-income ratio for a mortgage is one th...
A bad credit score is usually below 630. Factors like missed payments can lead to low scores. Try simple strategies to build credit and get better financial deals.
A bad credit score is usually below 630. Factors like missed payments can lead to low scores. Try simple strategies to build credit and get better financial deals.