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629 Credit Score

By Hafsa Molla

A 629 credit score is a type of FICO score and it stands between Fair (580-669) and Good (670-739). It generally indicates higher risk for lenders. Lenders use your credit score to determine if you qualify for loans, credit cards, and other financial products. A 629 credit score does not always mean that you'll be denied credit, but it could lead to higher interest rates or less favorable terms.

Table Of Content:

2. 629 Credit Score: What Does It Mean? | Credit Karma

https://www.creditkarma.com/credit-scores/629
629 Credit Score: What Does It Mean? | Credit KarmaApr 30, 2021 ... A 629 credit score can be a sign of past credit difficulties or a lack of credit history. Whether you're looking for a personal loan, ...

4. Is 629 a good credit score? | Lexington Law

https://www.lexingtonlaw.com/education/score/629
Is 629 a good credit score? | Lexington LawOct 11, 2021 ... The FICO model gives credit-using adult consumers a credit score between 300 and 850, ranging from “very poor” to “exceptional.” A credit score ...

Conclusion:
A 629 Credit Score can indicate higher risk levels for potential lenders but it doesn't always have to be seen negatively – there are plenty of ways one can go about improving their overall financial health so that they can eventually benefit from more favorable loan terms by increasing their Credit Score! While this may involve some effort upfront, doing so will pay off in the long run when applying for future loans and other financial products with different institutions.

Hafsa Molla

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