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Thread: Any body know about credit rating scores?

  1. Dec 18th, 2002, 08:12 PM #1
    Avatarp
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    Question Any body know about credit rating scores?

    I live in Canada, and I am curious to know what good credit rating scores are. Anybody know about such things?
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  2. Dec 19th, 2002, 02:21 AM #2
    mendhak
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    Three credits gets you a bottle of Maple Syrup,
    Four credits gets you a moose.
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  3. Dec 19th, 2002, 12:41 PM #3
    Avatarp
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    Thanks!!!

    That helps me quite a bit. I looked at my history and there was 1 MasterCard bill outstanding for 90 days, a few 60 days, and quite a few (ie. 5 ot 6) 30 days. I paid and cancelled my MC back in 1999. So a lending company may view this R9 for up to 10 years. Wow. I was given a credit rating score of 528. I cant seem to find any reference point for this score. Is it a bad score?
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  4. Dec 20th, 2002, 12:19 AM #4
    Arc
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    Well the best you can get is 1000. Mine is 890. Doing a mortgage loan atm is why i know that I have lots of creditors and have never been late on any payments.. so my credit is pretty much perfect.


    But things like Det to income ratios and Open credit accounts are taken into consideration as well.. so its near impossible to get 1000.
    -We have enough youth. How about a fountain of "Smart"?
    -If you can read this, thank a teacher....and since it's in English, thank a soldier.
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