Is 630 a really terrible credit score? Any options for a home loan or auto loan?

home loan: www.naca.com

they are a non-profit housing advocacy group and they will work with you to improve your credit.

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

No. That's not a bad score. I would ask your banks loan officer.

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

It ain't great...

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

no in my state and dating a mortgage broker, you have to have a 620. It is difficult but doable! That is for home loan and car loans. Good Luck.

FYI, do not apply for any additional credit if you are trying to buy a car or home. (Ex. CC)

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

Not too bad.

You should be able to qualify for a home %26amp; auto loan.

Some mortgage programs will give you a better rate if you take a credit counseling class to compensate for your credit score.

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

No, not a terrible score. Could get better, but its not BAD. Can easily get a car loan with that credit score. Home loan - you might want a higher score, two years employment history.

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

It could be alot worse, but its not Great. You could probably find a dealership that will finance you independetly(without a cosigner) but your interest rate might be rediculously high. Ive heard of people with a credit score of 605 getting financed independently.

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

Well, my husband's is almost 700 and the interest on our car that we are financing is rediculous! I think that 630 is kind of low, it's definately NOT great! Sorry, but I think you need to raise it some more.

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

yes it is workable go to www.empireeguity.com

min fico (credit score) is 490

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

Working at a bank I see a lot of credit scores, some lower and some higher. 630 doesn't put you at the bottom but 700 plus is the score that gets the better rates and terms with bank and other institutions. You should be able to qualify for a home or auto loan, but the score may require you to put more down or caused you to be charged a higher rate.

A good loan officer will look into what created the score and make their decision accordingly. At my bank, if you have paid everyone without being late but you have some unpaid medical expenses, we will genreally overlook the medical. You could also have a lot of available unused credit that is dragging your score down. However, if you have been late with other creditors and that was what dragged your score down, we would use that in determining whether the loan would be done and what the terms would be, etc.

There are a lot of factors affecting the credit score but you can learn more at the FICO website.

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

Thats actually very good. If you are looking to refinance or purchase a home please feel free to contact me with any questions you might have. Jack Gobioff Empire Equity Group @ 1800-829-3000 ext. 1923. Looking forward. Thank You.

Is 630 a really terrible credit score? Any options for a home loan or auto loan?

You should look into getting a copy of your credit report. You may be able to jack up your score 20 or 30 points within 60 days.