600 credit rating: could it be bad or good?

600 credit rating: could it be bad or good?

Your rating falls in the selection of ratings, from 580 to 669, considered Fair. A 600 FICO ® Score is below the credit score that is average.

Some loan providers see consumers with results in the Fair range as having undesirable credit, that can decrease their particular credit applications. Other loan providers that concentrate on “subprime” financing, are happy to utilize customers whoever ratings fall when you look at the Fair range, however they charge fairly high interest levels and charges. Read more