Average and above
average credit scores significantly increase the chances of being approved as a tenant or being made a job offer.
Not exact matches
Since on
average, personal loan rates are lower than
credit card rates for consumers with a similar
credit score, you may
significantly save on interest payments.
That's
significantly lower than the borrowers who refinanced a conventional loan; they had an
average credit score of 729.
Before the recession, the
average score for a person taking out an auto loan was between 659 and 760, with those on the lower end paying
significantly higher interest rates than those with higher
credit scores.
Doing so could
significantly lower your
credit score, by lowering the
average age of your accounts and raising your
credit utilization ratio.
My
score rebounded thereafter and is continuing to increase as the number of inquiries on my account in the past 12 months decreases, my
average age of accounts increases and my
credit utilization improved
significantly from about 21 % to 3 % thanks to these new accounts.
With just
average credit, that's a
score of about 630 to 690, you have
significantly fewer options.
Card issuers relatively unpopular J.D. Power reported that the
average satisfaction
score for
credit card users was 658 points — a number
significantly below the
average satisfaction level consumers reported for other financial industries, such as mortgage servicing (798), online investing (773) and retail banking (763).
And although the weighted
average Z -
Score of credit retailers remains well above that point, at 5.58, that figure is significantly lower than the 7.47 score of the first quarter of 2001, when the analysts first published Z - Scores (Char
Score of
credit retailers remains well above that point, at 5.58, that figure is
significantly lower than the 7.47
score of the first quarter of 2001, when the analysts first published Z - Scores (Char
score of the first quarter of 2001, when the analysts first published Z -
Scores (Chart 2).