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A not so good credit score, on the other hand, could cause you to receive an APR that is a couple of points above the prime rate, which will cost you a lot more money over the long haul. Many people don't know their credit score, or even what a "good credit score" should be. Make monitoring your FICO credit score and credit report part of your yearly financial routine. If you let your credit get away from you it could take years or mind numbing frustration to get it back into a desirable range.

720 to 850 is the high range. 560 to 720 is medium, and 300 to 560 is the lowest. Simply put, the higher you are in a range, the better interest rate you'll get on a loan. Those with scores in the low range are apt to be turned down for loans, as lenders view it as too risky.

• 500 to 580 scores poor


• Mortgage types available when you buy a home


• Insurance premiums


• 580 to 619 scores low


• Whether or not you will be hired for a job you are seeking


• 740+ Is Best, 620+ OK


• Down payment amounts

Though every one has heard about the credit score scale, not many know their own FICO score. Many have no idea if their own score is rated good or bad. Understanding the workings of a credit score scale is important for a person who engages in regular credit transactions like loans, credit cards and mortgages. 3. Between 680 and 719 range- This represents good credit score range. Interests are charged little higher and you cannot avail high mortgage loans or insurance plans. Nevertheless, the range is sufficient for a loan grant. 4. Between 620 and 679 range- The category is below 'good'. Still, if the lenders are willing to assist, getting a loan is not impossible but stress should be given on improving the scores. 5. Between 580 and 619 range- The scale is below average. Lenders shy away from giving loans.

You would simply be able to obtain a better loan at a better rate.

However, you may want to consider simply having it all done in your husbands name to receive better rates. This would not exclude you from having interest in the property, however. You would simply be able to obtain a better loan at a better rate. What type of home loan can you get with a credit score of 725, Answer . With a credit score of 725 you can do any kind of home loan. nno income no assets etc. What is the range of credit scores,