Sultan Posted March 5, 2005 Report Share Posted March 5, 2005 Credit record source: Equifax Your FICO score of 761 summarizes the information on your Equifax credit report as of March 4, 2005. FICO scores range between 300 and 850. Higher scores are considered better scores. That is, the higher your score, the more favorably lenders look upon you as a credit risk. Your score is well above the average score of U.S. consumers and clearly demonstrates to lenders that you are an exceptional borrower. 761The Bottom Line: What a FICO score of 761 means to you More than 75% of the applications for credit in the U.S. last year were decided with the help of a FICO score. Lenders consider many factors in addition to your credit score when making credit decisions. Looking solely at your FICO score, however, most lenders would consider this score as excellent.This means:It is extremely unlikely your application for credit cards or for a mortgage or auto loan would be turned down, based on your score alone. You should be able to obtain relatively high credit limits on your credit card. Most lenders will consider offering you their most attractive and most competitive rates. Many lenders will also offer you special incentives and rewards targeted to their "best" customers. It is important to understand that different lenders set their own policies and tolerance for risk when making credit decisions, so there is no single "cutoff score" used by all lenders. Now if I can get TransUnion to delete that public record they stole from Experian I'll be AAA across the board, have it set to be vacated on April fools daY.A VERY BIG THANK YOU TO EVERYONE HERE WHO LISTENS, SHARES AND OFFERS INPUT. (THANKS TO THE MODERATORS, ADMIN AND OWNER OF THIS SITE ALSO)I COULD NOT HAVE ACCOMPLISHED THIS WITH OUT IT.NEVER EVER GIVE UP PEOPLE, I STARTED WITH JUNK CREDIT. Probably made every financial mistake there is to make, it can be undone, it just takes persistence. Link to comment Share on other sites More sharing options...
DocDon Posted March 5, 2005 Report Share Posted March 5, 2005 Congrats! Great advice for our newer members! Link to comment Share on other sites More sharing options...
Champion80 Posted March 5, 2005 Report Share Posted March 5, 2005 GREAT stuff Sultan....Your experience and the ups and downs you went through to make it will be an inspiration to others...Stick around. Link to comment Share on other sites More sharing options...
HeartRN Posted March 5, 2005 Report Share Posted March 5, 2005 That's Beatiful!!! Link to comment Share on other sites More sharing options...
dfwgal Posted March 5, 2005 Report Share Posted March 5, 2005 WOO HOO! Congrats!!! Link to comment Share on other sites More sharing options...
creditdodger Posted March 5, 2005 Report Share Posted March 5, 2005 Link to comment Share on other sites More sharing options...
bigdaddyroy Posted March 5, 2005 Report Share Posted March 5, 2005 Awesome Baby! Link to comment Share on other sites More sharing options...
mmmagique Posted March 5, 2005 Report Share Posted March 5, 2005 uhm... could I maybe borrow that score sometime?I promise I'll give it back!Christina Link to comment Share on other sites More sharing options...
direred Posted March 5, 2005 Report Share Posted March 5, 2005 Link to comment Share on other sites More sharing options...
Valkyrine Posted March 5, 2005 Report Share Posted March 5, 2005 Congrats!!! Link to comment Share on other sites More sharing options...
Sultan Posted March 6, 2005 Author Report Share Posted March 6, 2005 Thanks everyone for the encouragement, I still have a little bit of work to do with namely with TransUnion. Not only that but obviously it will be an eternal responsibility to ensure that I pay my bills ON TIME, every time, from here forward. I don't ever want to get in the boat I was in again, my original story, the short version is this;Last summer we placed 80K down on a house that we were purchasing for 115K and couldn't get a loan for the 35K, so we had to pull out and withdraw our money from the title company, most of that 80K is gone between renting, lawyers and the resulting hardship our family faced as a result of losing that purchase. If there is any one thing I could emphasize more than anything that would be to know where you stand with your credit and to treat it responsibly. I know I will from this day forward, if only I had known or gotten a clue sooner.......sigh oh well we must be grateful for what we have and not scornful toward what we do not. Link to comment Share on other sites More sharing options...
Mr.ivyleague Posted March 7, 2005 Report Share Posted March 7, 2005 congrats Link to comment Share on other sites More sharing options...
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