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Help Hub - Credit Scores

Below are the most frequently asked questions, howtos, and tips about debt settlement and pay for deletions.

What are credit scores?

Basically, your credit score is a prediction of how such as how likely you are to pay a loan back on time. Credit scores are used by auto lenders, credit card issuers, home loan lenders, and even rental properties.

Typical factors taken into account to calculate your credit score.

  • Amounts owed
  • New credit
  • Length of credit history
  • Your mix of credit
  • Payment history
Credit Score Frequently Asked Questions

Is 547 credit score good or bad?

Most credit scores fall between 300-850. If your credit score falls within the range of 300 to 579, it is considered Very Poor. A 547 FICO® Score is significantly below the national average credit score.

What is a good credit score to buy a house?

620 is the minimum amount to qualify for a conventional home loan, but 720 will allow you to get better rates and lower down payment.

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