I've looked
at the credit scores indicated on my latest statements from each of these cards, and the scores vary by up to 59 points.
Not exact matches
Similarly, rate shopping that goes on past that relatively short 30 - day window can also have a greater negative impact on your
credit score, as that
indicates that you're looking
at taking on more debt than just a single loan.
Your
credit score can
indicate your level of discipline,
at least in the eyes of others.
Your
credit score is a three - digit number generated by a mathematical formula using information in your
credit file to
indicate the likelihood of whether you will become 90 days or more past due on your accounts
at some point in the two years following the
score being calculated.
The average FICO
score is
at an all - time high,
indicating a healthy consumer
credit picture in the U.S..
In fact, reviews
indicate the average
credit limit
at approval is around $ 10,000 — and that's not just for people with excellent
credit, although the average
score seems to be around 725.
Most applicants who are approved
indicate that they have a
credit score of
at least 740.