Personal information, including any names associated with your credit, current and past addresses and date of birth. Current and past employers that have been listed on past credit applications. Open loans and revolving credit accounts with credit limits, dates of late payments and current status.

What do lenders consider a good credit score?

For a score with a range between 300 and 850, a credit score of 700 or above is generally considered good. Some lenders create their own custom credit scoring programs, but the two most commonly used credit scoring models are the ones developed by FICO® and VantageScore®.

What are 4 different things a lender looks at in your credit history to determine your score?

Many lenders request reports from the three major bureaus—Equifax, Experian and TransUnion—to get a clearer picture of your credit situation. FICO scores are based on five categories: payment history, amounts owed, length of credit history, credit mix and new credit.

Is 673 a good credit score to buy a house?

If your credit score is a 673 or higher, and you meet other requirements, you should not have any problem getting a mortgage. Credit scores in the 620-680 range are generally considered fair credit. With a 673 score, you may potentially be eligible for several different types of mortgage programs.

Why is my Credit Karma score so much higher?

Why are my credit scores from Credit Karma different from scores I got somewhere else? We pull your VantageScore 3.0 credit scores directly from TransUnion and Equifax. One big reason why you may have different scores is that the three credit bureaus may have differing information about you.

What is considered an average credit score?

Heres a breakdown of credit score ranges from the three major credit bureaus in Australia:Credit Score Rangeillion score via Credit SimpleEquifaxVery good700 – 799726 – 832Average500 – 699622 – 725Fair300 – 499510 – 621Low0 – 2990 – 5091 more row•Nov 29, 2019

What is the 5 Cs of credit?

Understanding the “Five Cs of Credit” Familiarizing yourself with the five Cs—capacity, capital, collateral, conditions and character—can help you get a head start on presenting yourself to lenders as a potential borrower.