http://www.moneyunder30.com/qa-what-kind-of-credit-score-do-i-need-to-get-approved-for-a-balance-transfer-credit-card Simple, Honest Financial Advice Fri, 10 Feb 2012 03:21:13 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.moneyunder30.com/qa-what-kind-of-credit-score-do-i-need-to-get-approved-for-a-balance-transfer-credit-card/comment-page-1#comment-11431 josephine Fri, 15 Jul 2011 16:28:38 +0000 http://www.moneyunder30.com/qa-what-kind-of-credit-score-do-i-need-to-get-approved-for-a-balance-transfer-credit-card#comment-11431 Hi, in answer to your question, there is not an "average" score that gets you approved or denied. An example: my score with the three credit bureaus ranges from 690-715. This is not a bad score, but I still get denied for credit. The reason is because my credit history is too new, and I have too many cards that have a high balance. You could have a score of 625 and get approved before someone like me. It all depends on what the companies qualifications are. People rely too much on their credit score. While the score is important, I know from experience that there are other things that companies take into consideration that are more important than your score alone. Hi, in answer to your question, there is not an “average” score that gets you approved or denied. An example: my score with the three credit bureaus ranges from 690-715. This is not a bad score, but I still get denied for credit. The reason is because my credit history is too new, and I have too many cards that have a high balance. You could have a score of 625 and get approved before someone like me. It all depends on what the companies qualifications are. People rely too much on their credit score. While the score is important, I know from experience that there are other things that companies take into consideration that are more important than your score alone.

]]> http://www.moneyunder30.com/qa-what-kind-of-credit-score-do-i-need-to-get-approved-for-a-balance-transfer-credit-card/comment-page-1#comment-7143 Jack Sun, 26 Sep 2010 20:14:57 +0000 http://www.moneyunder30.com/qa-what-kind-of-credit-score-do-i-need-to-get-approved-for-a-balance-transfer-credit-card#comment-7143 Pam you need to start disputing all your bad accounts, even though it is your fault, by writing letters to all your past creditors. Many of them will accept the dispute because they where paid and they do not care anymore. A few will give you a hard time but you need to keep disputing by sending them letters. You also need to keep up the disputes through the credit reporting agencies because many of your accounts might be deleted this way. This will take some time but it is better than waiting 10 years to get your credit back. I cleaned the same mess this way and I have a 720 score today. Pam you need to start disputing all your bad accounts, even though it is your fault, by writing letters to all your past creditors. Many of them will accept the dispute because they where paid and they do not care anymore. A few will give you a hard time but you need to keep disputing by sending them letters. You also need to keep up the disputes through the credit reporting agencies because many of your accounts might be deleted this way. This will take some time but it is better than waiting 10 years to get your credit back. I cleaned the same mess this way and I have a 720 score today.

]]> http://www.moneyunder30.com/qa-what-kind-of-credit-score-do-i-need-to-get-approved-for-a-balance-transfer-credit-card/comment-page-1#comment-6823 Gugu Tue, 31 Aug 2010 06:42:28 +0000 http://www.moneyunder30.com/qa-what-kind-of-credit-score-do-i-need-to-get-approved-for-a-balance-transfer-credit-card#comment-6823 I would like to find out what is the average score a person must score to approved of the credit card or a personal loan? I would like to find out what is the average score a person must score to approved of the credit card or a personal loan?

]]>