It's about a D-
by Jeff - 10 hours ago
It is a little below the national average. When granting credit, one does not only look at the score. They look to see how current your payments are, how much credit you have, the balance on that credit, and if there are any collections or liens. The best thing for you to do is to stay current with all payments, pay off what outstanding credit you have, and you will see the score go up. Its ok to have plenty of credit, you just want to keep your balances as low as you can
by amh982 - 10 hours ago
Yes, it's bad. Not the worst in the universe, but 620 and under is considered poor. Did you just get one score? You should get the other two also because they could be very different. Mine have varied by 100 points at times, using the same criteria. Each bureau has it's own scorecard and weights factors differently. Today most lenders get a combined score, consisting of the three bureaus scores being re-evaluated by the company's own scorecard.
by Debdeb - 10 hours ago
582 is a poor credit score. you start getting a little betteronce you get around 650
by GG - 10 hours ago
582 is pretty low...you should definitely try to bring it up above 600 at the absolute minimum. Go to www.creditnet.com and they will explain FICO scores, what they mean, and how to improve yours.
by Max - 10 hours ago
It is a good site. It's not the greatest score but you can fix it. Pay your bills on time from now on, pay off some credit cards. Buy something with a in store credit card and pay it off when you get the first statement. Cancel the card. It will help bring the number. Only you know why you have this number but if you want to buy a car or a house and have a low payment it's better to get it up around 850-900. Only buy things you can afford to pay off. Use cash as much as possible. Hope this helps.
by svshrks73 - 10 hours ago
Overcoming Writer’s Block: Your Work Environment
As the process of writing involves concentration, you’ll find that your work environment can be the very reason for your...
How Sharp Brands Handle a Corporate Crisis in the Social Media Age
Not every organization will face a crisis. From offensive social media posts to offline crises, such as data breaches, a...
The 4 Changes That Won Me $2 Million
A few years ago, I came home from yet another day where my business meetings had nearly overlapped. I had had to pencil in...
Stop paying an allowance: A Business Rockstars Minute
Do you pay your kids an allowance? Maybe it isn’t the best way to go. In this Business Rockstars Minute with Ken...
The Agony of Defeat: Why Lost Business Reporting Isn’t Helpful
Do you get the Win-Loss report? You really ought to get yourself on that list. If you don’t know the Win-Loss, it’s the...
Feeling the Sting of Recent Rotten Reviews on Yelp?
Ratings and review sites, such as Yelp and others, have been in the news lately and not for the right reasons: Accusations...