What is the FICO rating needed

Discussion in 'Credit Talk' started by steve, Aug 14, 2000.

  1. steve

    steve Well-Known Member

    I have a FICO around 630. A few derogatory trade-lines, but nothing within the last 3 years. What sort of credit rating do the big boys (AMEX, Citibank, etc) require for their cards?

    I have started receiving a lot of "Pre-approval" notices lately, but I don't want to load up my credit report with a lot of inquiries, especially if I can't get approved anyhow.
  2. me

    me Well-Known Member

    RE: What is the FICO rating ne

    this is a really good question.

    Anyone know the answer to this?

    What FICO score to most prime lenders require?
  3. steve

    steve Well-Known Member

    RE: What is the FICO rating ne

    By the way - for those who are interested...

    A FICO of 675 will get you out of most car dealerships with the "Advertised" offers or better.

    680 seems to be the key to an A rate mortgage.

    630 seems to be the bottom line for Mortgage Lenders.

    These figures are from my experience... actual results may vary :)

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