What are the elements that typically comprise your credit score?

  • Your history of late payments
  • Non-payments
  • Current debt level
  • Types of credit accounts
  • Length of credit history
  • Number of credit inquiries
  • History of applying for credit
  • Bad credit behavior such as writing bad checks

What is a good score?

Overall, a score of 700 or above is a sign of very good credit, and a very good credit score. People with scores of 700 or higher will, all things considered, have a good chance of obtaining quality loans at the best interest rates.

Conversely, a bad credit score can be the cause of some people not getting certain jobs or not being able to open a bank account.   In the event you have bad credit, we’ve found a useful resource.  Badcreditoffers.com is a free comparison website that features information on the best “bad credit” offers available.

Visit their website and evaluate bad credit credit cards, bad credit loans, and much more.