I wonder if the auto scores are being used less now since it seems that dealers are going through local banks rather then say. Although 548 is not a perfect credit score, it is still possible to get a mortgage, car loan, or unsecured credit card with this rating. Mortgages with a 480 credit score.
6 Rows Fico Scores Range From 300 To 850.
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548 Credit Score Here Are The 5 Vital Things To Know In 2022.
A 645 credit score is considered fair. If you have a 548 credit score, the following loan options may be available to you. Roughly 62% of consumers with credit scores under 579 are likely to become seriously delinquent (i.e., go more than 90 days past due on a debt payment) in the future.
Before You Can Do Anything To Increase Your 548 Credit Score, You Need To Identify What Part Of It Needs To Be Improved, Plain And Simple.
Having a 548 credit score will mean higher rates on an auto loan or mortgage, and you will likely need to put more down as a security deposit. Your score falls within the range of scores, from 580 to 669, considered fair. Most lenders require a 640 credit score.
And In Order To Identify What Needs To Be Improved,.
There are a few disadvantages that come along with having poor credit (credit score between 300. A 648 fico ® score is below the average credit score. There are many companies that are willing to work with.