What does a credit score of 816 actually mean?
It says that this is a ‘B’ credit score and that the higher it is the better (this part I know). But as far as apartment hunting, loan getting, credit card wielding power, what does a ‘B’ credit rating actually entail?
Should credit lenders be falling at your feet or gingerly approaching you when ‘A’-credit-rating-folk are hard to find? If one is looking for an apartment and a credit check is required, is this a score to be proud of or shooed under the rug?
This question is in the General Section. Responses must be helpful and on-topic.