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Credit Card Applications » Credit Card Questions » Other Questions » is a 647 credit score bad? How do i improve it>

is a 647 credit score bad? How do i improve it>

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Date:
August 10, 2007, 3:25 pm
is a 647 credit score bad? How do i improve it>
Answer:
The credit score is crucial as it helps the lenders to decide whether you qualify for the chosen card or not. Nowadays people with all types of scores can actually apply for a credit card and be approved. You score amounts to 647 which is considered fair. Still, keep in mind that the lenders generally tend to look at the lowest score, not at the highest one. That's why we recommend you to request your scores from all three bureaus - Experian, Equifax and TransUnion, not from only one of them. If your lowest score is above 620, choose among the cards for fair credit. On our website you can find several variants of such cards from Capital One and First PREMIER. Read the details about each card carefully and apply for the one that suits you most. If you want to raise your score, the most important thing is to do your best to pay all the bills on time. Try to keep your balance low and use your cards lightly. Don't forget to use the old cards because in other case the information will not be updated. All these recommendations will allow you to establish a positive credit history and in time you'll be eligible for the best cards.
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