22Aug

Where Does My Credit Score Rank?

Filed Under: bad credit, bad credit auto loans, bad credit loans, credit, credit bureau, credit reports    by: Max

According to BankRate.com:

“…the median FICO score in the United States is 723…”

“A median of 723 means half the people fall below that score and half have scores higher. More specifically, here’s a breakdown of how scores are distributed across the population…”

300-499 = 2 percent of the population
500-549 = 5 percent
550-599 = 8 percent
600-649 = 12 percent
650-699 = 15 percent
700-749 = 18 percent
750-799 = 27 percent
over 800 = 13 percent

Even with a sub-par score and the difficult market you can still buy a car or a house.  It just may take a little more work and the help of an experienced loan officer like ours.
Go to our home page to find out how we can help you obatin a loan and rebuild your credit.

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3 Responses to “Where Does My Credit Score Rank?”

  1. Washington Post: Google Campaigns For White Spaces · Says:
    August 24th, 2008 at 9:50 PM

    [...] News » News Where Does My Credit Score Rank?2008-08-24 23:50:10States is 723…” “A median of 723 means half the people fall below that [...]

  2. Not in Our Backyard: Put Yucca Mt. Nuclear Dump at Bush’s Ranch · Says:
    August 28th, 2008 at 2:13 AM

    [...] News » News Where Does My Credit Score Rank?2008-08-28 04:13:32States is 723…” “A median of 723 means half the people fall below that [...]

  3. No Credit Car Loan Says:
    September 30th, 2008 at 8:46 PM

    No Credit Car Loan…

    With the real estate market on such a downward spiral this past year, lenders are having a harder time parting with their money, especially to high risk customers. If you have bad credit, then a secured home loan may be the only option for you. Basical…

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