With credit scores, a high number is desirable. If your credit score is less than 720, you can expect to pay more in interest over the life of the loan. Or, you may not be approved for a loan at all. It is advisable to check your credit reports and your scores before applying for a loan. If your credit reports contain errors, you may need to contact a credit lawyer who can serve as your consumer advocate. A credit lawyer in Fairfax can help you successfully dispute the erroneous information to restore your credit history.
Consult your credit lawyer for information about credit report disputes or watch this brief video for further guidance on credit score ranges. These credit experts discuss some of the factors that can affect the minimum credit score needed for a loan.