Whats The Best Credit Score?

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My broker told me I have a 736. What`s the highest score possible? 800? 1000? What`s the lowest? thanx, Dan

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  • rajwarrior12th January, 2004
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    The highest scores are 800-850 depending on the type of system used.

    I've seen low scores into the 350's, though some now won't report a score lower than 500.

    Most lenders require a 500 minimum for the possibility of getting a loan and 580-600 usually is the cut off for actually being able to obtain one.

    A score of 620 usuallly is the starting point for standard interest rates/fees and 720 is the point for reduced fees, etc. Some might possibly offer even more descounts on scores over 750.

    Roger

  • davehays12th January, 2004
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    850 is the highest

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