Slow but sure!
In January of 2012 it was a whopping
This explains FICO:
- How can I Rank My Score?
- Scores are assigned a numeric value of between 300 and 850. Here is the general scale and what the scores may mean:
- 700 and above: Excellent / Very Good Credit. You are considered a low credit risk by institutions and would generally qualify for the lowest interest rates and repayment terms.
- 680 -699: Good Credit. You will usually be approved for loans with favorable terms.
- 620-679: Reasonable Credit. You are a moderate credit risk, and while you won’t usually be refused credit, you will not be able to borrow at the best rates.
- 550-619: Poor credit. You may have to shop around to find a lender willing to approve an application for you, and your loans will be quite expensive.
- below 550: Very bad credit. You are considered a high risk customer and will have difficulty finding lenders. You will have to look seriously at some strategy of ‘credit repair’.
Maybe by the time I get out of this mess, it will be in the 700s.
I am not worried about it, I don’t need it now anyway.
It’s just kind of interesting to see it slowly but surely increase with the use of one itty bitty credit card reporting!
Kid is off to a tourney this weekend but I do hope to post about the 52 Week Challenge. I need to try to catch up!
How you doing?