Real Estate in San Diego

CITIES SERVED:

Pala - 92059

Palomar Mountain - 92060

Pauma Valley - 92061

Poway - 92064

Ramona - 92065

Ranchita - 92066

Rancho Santa Fe - 92067

San Marcos - 92069

Santa Ysabel - 92070

Santee - 92071

Solana Beach - 92075

San Marcos - 92078

Vista - 92081

Valley Center - 92082

Vista - 92083

Vista - 92084

Warner Springs - 92086

Rancho Santa Fe - 92091

La Jolla - 92093

Downtown San Diego - 92101

San Diego - 92102

Mission Hills - 92103

North Park - 92104

East San Diego - 92105

Point Loma - 92106

Oceanside - 92107

Mission Valley - 92108

Pacific Beach - 92109

Old Town San Diego - 92110

Linda Vista - 92111

Logan Heights - 92113

Encanto - 92114

San Diego - 92115

San Diego - 92116

Clairemont - 92117

Coronado - 92118

San Carlos - 92119

Del Cerro - 92120

Sorrento Valley - 92121

University City - 92122

Mission Valley - 92123

Tierrasanta - 92124

Mira Mesa - 92126

Rancho Bernardo - 92127

Rancho Bernardo - 92128

Rancho Penasquitos - 92129

Carmel Valley - 92130

Scripps Miramar - 92131

Paradise Hills - 92139

Miramar - 92145

Otay Mesa - 92154

San Diego - 92155

San Diego - 92161

San Ysidro - 92173

Murrieta - 92562

Murrieta Hot Springs - 92563

Murrieta - 92564

Menifee - 92584

Temecula - 92589

Temecula - 92590

Temecula - 92591

Temecula - 92592

Temecula - 92593

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CITIES SERVED:

Alpine - 91901

Bonita - 91902

Boulevard - 91905

Campo - 91906

Chula Vista - 91910

Chula Vista - 91911

Chula Vista - 91913

Chula Vista - 91914

Chula Vista - 91915

Descanso - 91916

Dulzura - 91917

Guatay - 91931

Imperial Beach - 91932

Jacumba - 91934

Jamul - 91935

La Mesa - 91941

La Mesa - 91942

Lemon Grove - 91945

Mount Laguna - 91948

National City - 91950

Pine Valley - 91962

Potero - 91963

Spring Valley - 91977

Spring Valley - 91978

Tecate - 91980

Bonsall - 92003

Borrego Springs - 92004

Cardiff by the Sea - 92007

Carlsbad - 92008

Carlsbad - 92009

Carlsbad - 92010

Carlsbad - 92011

DelMar - 92014

Harbison Canyon - 92019

El Cajon - 92020

Crest - 92021

Encinitas - 92024

Escondido - 92025

Hidden Meadows - 92026

Escondido - 92027

Fallbrook - 92028

Escondido - 92029

Julian - 92036

La Jolla - 92037

Lakeside - 92040

Coastal Oceanside - 92054

Oceanside - 92056

Oceanside - 92057

Camp Pendleton South - 92058

Absolutely, Positively, Caring Attitude, Quality Service, Guaranteed!

Real Estate Agent

Alicia R. Chase

(619)727-1244
Ca DRE License #00758097
alicia@teamchase.com

What’s A Good Credit Score?


It’s difficult to gain approval with credit cards or loans if your credit is weak. Credit scores are given by credit bureaus such as Experian, Trans Union, and Equifax. These credit bureaus issue three letter scores to all people with active and inactive credit or outstanding loans. This score gives potential lenders insight into your credit history. For every delinquent or outstanding balance, your score will go down. All credit obligations that are met on time allow your score to increase.

An excellent credit score ranges from 750 and up. This score gives the title of A-1 credit to a borrower’s credit history. To receive this high rating, all credit must be in good standing with balance paid on time. Having too much credit can look bad even if all accounts are current. It only takes a few credit accounts to establish A-1 credit.

So, what’s a good credit score you ask? A good credit score would have to be close to 700. Anything lower than 700 is considered fair. The highest a credit score can reach is 850. It’s not often that lenders and credit card companies see this figure. Someone with credit this excellent can often walk away with whatever loan they want.

It’s almost impossible to receive the same credit score from each credit reporting agency. Agencies use different scoring software. Therefore, the score generated by each agency will differ by a few points. So if you receive a good credit score of 750, the other agencies may report higher or lower.

The credit scoring method is used in determining if an applicant is a lender risk. Lenders, creditors, and mortgage companies will reject your request for credit if your score is low. A good score indicates that an individual is likely to fulfill the terms of the loan. Good credit scores can also make it simple to obtain low interest rates. When applicants with good credit scores are approved for credit, it’s usually at a low interest rate.

What’s a good credit score is a common question because a good credit score is seen by very few Americans. A number of circumstances can occur that will force one to live on their credit. Once you start spending more money then you generate your credit score will suffer. A good credit score can only remain good if the credit holder is wise when it comes to spending. Neglecting your credit score is hard to recover from. Points decrease each day an account is past due. That is, if the credit company reports it, they usually do.

Other factors that will affect a good credit score, is a low credit balance. If you have 3,000 on a credit card, but owe 1,500, it will impact your credit score. Your available credit line should always remain 70 percent above the balance. Your credit score will be affected by the remaining credit line if it’s too low.

Bankruptcy’s, repos, and errors will also cause drastic changes in a good credit score. Errors on a credit report can be corrected once spotted. You can view your credit report by requesting a free copy once a year from the three major credit reporting agencies. This doesn’t provide a score, but rather a report. It’s something that should be done consistently to make sure there are no mistakes or credit problems you may be unaware of. Once you are made aware you can get any issues fixed and be on your way to a good credit score of your own.

Let Me Help You Get Started Today
(619)727-1244




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