what is a good credit score

What is a good credit score App - Check your Credit Free - See your Free Score Instantly.

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My Credit Score App gives you access to all of your financial information - mortgages, bank accounts, bills, loans, credit cards and, of course, your scores. Generally speaking, a credit score of 750 or higher is considered good - that is, lenders will consider you a lower risk of defaulting on a line of credit. While the cut-off line for "good" scores is subject to change, the higher your score is, the better your chances are to secure a loan or other line of credit at a desirable interest rate.

What is fair credit score?
I checked on free credit report and it indicated it was 631. Is says it is fair ? Can i purchase a vehicle with that credit score?

For an auto loan you have some breathing room, especially if you have a considerable down payment or a decent trade-in. Your score isn't so bad (you want at least 700), but you would save yourself a world of hurt if you focused on building your score for a month or two before buying a car. Your payments will be lower, and you'll likely get accepted for a much better loan than if you try now.

It doesn't take long for short term changes like account balances, payments, and available credit to show up on your credit report and effect your score -- likely these are the things to have impact over the short term, and you have a better change of fixing your score if you try to address one of those issues, which you can do easily in a matter of weeks.

Here are my 10 steps you can use to build your credit score quickly. I raised mine to well over 700 points fro 500 using these steps in less than a year:

# Know and Track Your Credit Score (be sure to sign up for the free trial of your credit score monitoring listed on the article below. It really helped my get my score up.)
# Never Miss a Payment, Starting Today
# Never use more than 20% of your Available Credit
# Keep Credit Cards that Have No Annual Fees Open For as Long as Possible
# Extend Your Credit Limit on Cards You Already Have before You Get New Ones
# Get Credit Cards that Have CashBack Rewards to Contribute to your Balance
# Transfer Your Balance to a Credit Card with a Lower Interest Rate and a Higher Available Credit-
# If You Think You Are Going to be FORCED to Pay a Bill Late Ask for an Extension or Payment Plan
# Take out a Small Personal Loan and Repay it Over a Year
# Ask Someone With Good Credit if They will Account Shadow you

When you're trying to build a solid credit score it's important to get a comprehensive view of what is actually effecting it...

Your Credit Score (also known as your MyFico score) is calculated with the following breakdown:
* 35% - Payment History
* 30% - Credit to Debt Ratio
* 15% - Credit History
* 10% - New Credit
* 10% - Credit Types in Use

If you are able to have negative credit history removed from your credit reports, what is a good credit score then you will improve your standing on a credit score scale. For more information What is good credit score App for Android.