Zillow Advice: Buying Process - if my wife and i have a credit score of in the high 600's to low 700's...what does this mean? http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ Zillow Advice | Zillow Real Estate By the way, a 1/2 percent ... http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ By the way, a 1/2 percent change in <a href="http://www.zillow.com/Mortgage_Rates/">interest rate</a> or 1 percent change in interest rate may be no big deal to you, but on a $175k <a href="http://www.zillow.com/30_Year_Fixed_Mortgage_Rates/">30 year fixed</a> rate <a href="http://www.zillow.com/mortgage/">loan</a>, this could amount to a difference of $52 to $110 per month, and thus a difference of $18.5k to $40k over the life of the loan.<br/><br/> Sun, 19 Apr 2009 07:31:00 GMT http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ 2009-04-19T07:31:00Z No one has a FICO score of ... http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ No one has a <a href="http://www.zillow.com/mortgage-glossary/FICO/">FICO</a> score of less than 750 with no late payments, unless they are substantually over extended on credit.<br/>The computer programs that generate the scores are very simple, and the data is well published.<br/><br/> Sun, 19 Apr 2009 07:05:00 GMT http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ 2009-04-19T07:05:00Z I have a FICO of 680 with ... http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ I have a <a href="http://www.zillow.com/mortgage-glossary/FICO/">FICO</a> of 680 with no lates and got approved to $175K.<br/><br/>You guys are in good shape and go for it.<br/><br/>Pasa is living in a dream world of cheap booze and the bible.<br/><br/>[inappropriate comment, removed by moderator] Sun, 19 Apr 2009 06:50:00 GMT http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ 2009-04-19T06:50:00Z Ever thought about setting ... http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ Ever thought about setting up "auto deposit" on your paycheck(s), and autopayment on your major regular bills?&nbsp; This won't help with the overspending, but it could help tremendously with eliminating the potential "late" problem.<br/><br/>Most banks will set those things up for you for free, and it is well worth the effort.<br/> Sun, 19 Apr 2009 06:38:00 GMT http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ 2009-04-19T06:38:00Z It means that you and your ... http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ It means that you and your wife have not been paying your bills on time.<br/><br/>Really, if you want to be "fiscally responsible", and you want people to give you good terms on <a href="http://www.zillow.com/mortgage/">loans</a> and other credit...&nbsp; you need to be more diligent in paying promptly!<br/><br/>You can fix your credit scores with all three agencies; just pay all your bills on time, and pay extra, and stop applying for extra credit cards and potential car loans...&nbsp; And if you have a negative item on your reports, contact the company that filed the negative statement and work things out with them!<br/><br/>Since the two of you have not been diligent about these things in the past (or have been overspending on credit...), you may need some extra help, such as a computer program, or naging father in law, or a councilor at one of your local associations.<br/><br/>If you will never need credit or a major purchase, it may not matter.&nbsp; Otherwise, it is cheeper to fix your patterns now than to live with the consequences later.<br/><br/> Sun, 19 Apr 2009 06:34:00 GMT http://www.zillow.com/advice-thread/if-my-wife-and-i-have-a-credit-score-of-in-the-high-600%27s-to-low-700%27s-what-does-this-mean/225336/ 2009-04-19T06:34:00Z