762 credit score: what does it mean?

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Osbaldo Tremblay asked a question: 762 credit score: what does it mean?
Asked By: Osbaldo Tremblay
Date created: Tue, Jun 8, 2021 6:29 AM
Date updated: Sun, Jan 16, 2022 8:39 PM

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Those who are looking for an answer to the question «762 credit score: what does it mean?» often ask the following questions:

💰 What does credit score mean?

Credit scores range from exceptional to poor, but how does that affect you? Credit Score Basics. Your credit score is a number that represents the risk a lender takes when you borrow money… Exceptional Credit Score: 800 to 850. Consumers with a credit score in the range of 740 to 850 are ...

💰 What does my credit score mean?

Your credit score is a 3-digit number that lenders use to decide how likely you are to repay money if they lend it to you. It can also affect the interest rates you are offered on credit cards, car loans or mortgages. You can get a free credit score for yourself with a Credit.com account and see the factors that affect it.

💰 What does your credit score mean?

A credit score is a number between 300–850 that depicts a consumer's creditworthiness. The higher the score, the better a borrower looks to potential lenders. A credit score is based on credit history: number of open accounts, total levels of debt, and repayment history, and other factors.

7 other answers

A 762 credit score is often considered very good — or even excellent. A very good or excellent credit score can mean you’re more likely to be approved for good offers and rates when it comes to mortgages, auto loans and credit cards with rewards and other perks.

Your 762 credit score means you've been doing a lot right. To avoid losing ground, be mindful of avoiding behaviors that can lower your credit score. Factors that can have negative effects on Very Good credit scores include:

A 762 credit score is not a good credit score; it’s an excellent one. A credit score of 762 should qualify you for most loans, credit cards and other lines of credit. But you won’t always get the best terms.

A 762 Credit Score means: Credit Rating: Very Good; Loan Options: Plenty; Loan Cost: Very Cheap; Best Option: Minimal Credit Repair; Improving Your 762 Credit Score. A Credit Repair company like Credit Glory can: Evaluate Your Credit Report - Pull your credit report and identify all negative, harmful items that's keeping your 762 score restricted at its current level.

A 760 credit score is considered a very good or excellent credit score by many lenders. Here’s what it means to have excellent credit, and how you can make the best use of your credit. Credit Karma

A very good or excellent score can open up some of the best offers and rates on the market. While lenders look at a variety of factors when considering a credit or loan application, excellent credit scores generally mean you have a good chance of being approved for loans and other credit products with good terms.

OK, this is a big one. According to FICO, with a score of 639, you'd get a 4.63% interest rate. On a $216,000 mortgage with a 30-year fixed-rate loan, you'd pay $1,111 per month in principal and interest. Now look at how much you save with a 760 credit score: Your rate is now 3.04%, and your monthly payment is $915.

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515 credit score: what does it mean?

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523 credit score: what does it mean?

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535 credit score: what does it mean?

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544 credit score: what does it mean?

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