First, the most commonly used credit score range is 300 – 850. A score below 580 is considered poor, a score in the range of 580 – 669 is considered fair, and a score above 670 is deemed good. You need a credit score of more than 600 to qualify for an Apple Card.
This begs the inquiry “What credit score do I need for an apple card?”
A FICO credit score of at least 600, which falls in the fair range, is needed to be approved for the Apple Card. That means subprime borrowers, or people with less-than-perfect credit, can access the Apple Card. This may include consumers who want to build their credit history.
One of the next things we wondered was, what credit score is needed for a Goldman Sachs Apple Card?
Goldman Sachs uses Trans. Union and other credit bureaus to evaluate your Apple Card application. If your credit score is low (for example, if your FICO9 score is lower than 600), 4 Goldman Sachs might not be able to approve your Apple Card application. Credit scores can indicate how you use and pay off debt.
What FICO score does Apple Card use?
There are multiple FICO Score versions available for lenders to use. FICO Score 9 ranges from 300 to 850, with scores above 660 considered favorable for credit approval.
Is the Apple Card good for your credit score?
If used responsibly, especially paying your card balances on time and maintaining low credit utilization, an Apple Card can be a great way to build and improve your credit score.
Can you get an Apple Card with a low credit score?
If a low credit score prevents you from getting an Apple Card on your first application, the company can invite you to join its Path to Apple Card program to improve your score. You can apply for an Apple Card again after successfully completing the program.
Apple said that the card is everything a credit card should be. A certain credit score is required to be eligible for an Apple Card. Young adults without a credit history may not qualify for an Apple Card.
What are the requirements to get an Apple Card?
You must meet certain requirements to be able to apply for an Apple Card. For example, you must be at least 18 years old and a U. Citizen or lawfully residing in the U. S. You must own an i. Phone that runs a compatible i, and os.