I have a 710 credit score and $12,000 in debt. Am I doing okay financially?
I have only $100 saved. How am I doing?
the 13k is student loan debt.
- ibu guruLv 72 months agoFavorite Answer
Lousy! You are spending far beyond your means. Your only saving grace is you make payments on your debts on time. But you probably have negative net worth in addition to negative current account balances.
- Elaine MLv 72 months ago
Not good. The credit score won't help you on 90% of what you need money for.
- Anonymous2 months ago
$12,000 in debt is not okay. 710 is okay.
- JudyLv 72 months ago
If the 12K is something like a car loan, that part's ok, but not if it's cc debt. But if you're older than about 15, $100 saved is NOT ok.