If you're good about paying your bills on time, you should have
a fairly high credit score, perhaps a 720 or higher.
One thing to consider is that their lenders require
a fairly high credit score in order for borrowers to qualify for student loan refinance.
Most loans also carried
fairly high credit score minimums.
Not exact matches
You'll need to have an excellent
credit score and be a
fairly high spender to get your hands on The Platinum Card ® from American Express.
My
credit score is
fairly high — it drifts between 740 and 760 each month, but I would like to have it consistently above 760.
The PayPal Mastercard offers a very large range of APRs — cardholders with excellent
credit could get a
fairly reasonable APR of 17.24 percent, but for cardholders with lower
credit score, the APR could be as
high as 28.24 percent, which is extremely
high.
Those factors can change
fairly quickly, so if you are hit with
high insurance rates one year, and it happened to be the year you had maxed out all your cards, and had to get a new car, so were applying for
credit a lot, 6 months to a year later your insurance
credit score could change completely when things settle down.
Let's further assume that my
credit score is merely average, and my debt ratios are
fairly high.