Good Credit

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Dictionary Says

Definition of 'Good Credit'

A qualification of an individual's credit history that indicates that the borrower is a safe credit risk. A high credit score is an indicator of good credit, while a low credit score indicates bad credit. An individual's credit history is dependent on a number of factors, including the amount borrowed, the amount of available credit remaining and the timeliness of payments.
Investopedia Says

Investopedia explains 'Good Credit'

Credit rating agencies assign a score to an individual's credit rating, but this number may vary according to the methodologies used in calculating the credit score. Having good credit makes it easier to obtain loans, such as mortgages, and allows the borrower to obtain a more favorable interest rate. The most commonly used credit score is the FICO Score.
Search results for

'Good Credit'

  • Dialing In On The Credit Crisis

    http://www.investopedia.com/articles/financial-theory/08/credit-crisis-mortgages-iphone.asp
    ... Borrowers who didn't have good credit or an income high enough to qualify
    to buy a home were still freely handed mortgages. The ...

  • 10 Reasons To Use Your Credit Card

    http://www.investopedia.com/articles/pf/10/credit-card-debit-card.asp
    ... For example, applicants with good credit can get approved for credit cards that
    offer signup bonuses worth anywhere from $50 to $250 (and sometimes even more). ...

  • Why Bad Bonds Get Good Ratings

    http://www.investopedia.com/articles/bonds/09/bonds-credit-ratings.asp
    Why Bad Bonds Get Good Ratings. October 22 2011 | Filed Under ยป Bonds. Credit ratings
    were developed to provide a way to assess a company's financial strength ...

  • What Credit Score Should You Have? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/What-Credit-Score-Should-You-Have.aspx
    ... perfect credit score which is achieved by only 1% of consumers. Generally,
    a very good credit score is one that is 720 or higher. ...

  • 3 Easy Ways To Improve Your Credit Score - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/3-Easy-Ways-To-Improve-Your-Credit-Score.aspx
    ... The Bottom Line Having a good credit score isn't about having lots of money,
    it's about making the right choices with what you do have. ...

  • Should You Close Your Credit Card?

    http://www.investopedia.com/articles/pf/08/close-credit-card.asp
    ... and lenders who are considering extending additional credit to you or lending you
    money like to see that you are making good use of the credit you currently ...

  • Good Debt Vs. Bad Debt

    http://www.investopedia.com/articles/pf/12/good-debt-bad-debt.asp
    ... Keeping a balance on a credit card is rarely a good idea. The Gray Area In between
    good debt and bad debt is a gray area that generates a lot of controversy. ...

  • PNC Delivers A Surprisingly Average Quarter

    http://stocks.investopedia.com/stock-analysis/2012/PNC-Delivers-A-Surprisingly-Average-Quarter-PNC-WFC-MTB-C0120.aspx
    ... Good Credit, Good Signs of Growth PNC did not have the calamitous credit problems
    of other banks and its balance sheet continues to improve. ...

  • 10 Legal Business Practices Of Dubious Ethics

    http://www.investopedia.com/articles/economics/12/legal-business-practices-of-dubious-ethics.asp
    ... Lower Rates for "Good" Credit If you are having trouble getting by (maybe you lost
    your job or got behind on some bills) and are trying to get back on your ...

  • 7 Tips For Closing A Credit Card Slideshow | Investopedia

    http://www.investopedia.com/slide-show/7-tips-closing-credit-card
    ... It's a good idea to get a credit report several weeks after you've closed a credit
    card, and especially if you've closed more than one, just to be sure that ...

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