March 14, 2009
What credit score is needed to get the best fixed rate for consolidating accounts?
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Any suggestions on how to raise credit scores in the range of 597-607 received from all 3 credit reporting agencies.
I have 2 mortgages which was done by the mortgage company a couple years ago to help my credit and both have high rates, 1 car loan, 5 credit cards, and a small loan company. I have been paying more on my credit cards the last 3 or 4 months to get the balances down. I want to consolidate the mortgages and the car loan in the future. But, not sure how high a credit score needs to be for the best fixed rate.
Thank you for any help.
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Comments on What credit score is needed to get the best fixed rate for consolidating accounts? »
There are ways to improve the score within a week and position the file for a better rate than you will get with that score.
I write a blog and covered this. Check it out.
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