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Do you know your credit score?

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796.
What drives me nuts about credit reports is that they assign a number to someone, but don't really know anything about the person. They don't know how much money I make per year. They don't know whether I'm an artist or an accountant. All they know about me is what credit cards, car loans, or mortgages I have and maybe what bank accounts I have. The whole system is a joke. They try to describe my finances with a number based on other people's actions in the past. Its the same crap insurance companies pull, where they pretend to know whether or not I'm a good driver based on how people in the same demographic perform. It drives me nuts.

Now, back to your regularly scheduled programming.
 
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My wife and I just moved into a new house last year. I paid my old house off in 7 years on a 15 year note, have one car payment,(hers) and her student loan. I have two vehicles but my company owns those, and have no credit card debt.
My scores came back at 880, 864 and 850. The lender closed our loan in less than a week after the application was made. It took the fellow that bought my old house three months to close his loan.
It helps to use the same bank for mostly everything including the business, personal accounts and her CD's/Annuities.
 
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Just received mine with the new mortgage. Two over 800 and the final at just under 800. I'm happy with that. The scary thing is they did not even factor in my wife's income with the mortgage application. The debt to income ratio was high, however, they said my score was "impeccable."
 
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They have changed the scores.
FICO tops out at 850 but the credit companies are trying a new method that goes to 990. Experian calls theirs VantageScore.

901-990 is A or top 11%.
Experian also tells you , in a round about way, how the score is figured.
 
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buckeye68 said:
My wife and I just moved into a new house last year. I paid my old house off in 7 years on a 15 year note, have one car payment,(hers) and her student loan. I have two vehicles but my company owns those, and have no credit card debt.
My scores came back at 880, 864 and 850. The lender closed our loan in less than a week after the application was made. It took the fellow that bought my old house three months to close his loan.
It helps to use the same bank for mostly everything including the business, personal accounts and her CD's/Annuities.
Click to expand...

Where did you get those numbers? 850 is perfect, and you need to have about 30+ years of credit to get that. Unless they are using the new numbers, but I haven't seen that yet.
 
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tibor75 said:
686
702
739

positive points for paying off a mortgage and a car loan early. Minus points for not having a long enough history, for having an excessive charge on my current credit card (even though it's still 3000 bucks under the limit and the only reason it's high is because of a trip I'm taking), and a mysterious $77 charge that I never paid (and never knew about) from the apartment complex I lived in 1999-20.
Click to expand...

Eh, that's a terrible credit score considering your family paid off your mortgage.
 
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