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.

4 Answers

  • 2 months ago
    Favorite 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.

  • 2 months ago

    Not good.  The credit score won't help you on 90% of what you need money for. 

  • Anonymous
    2 months ago

    $12,000 in debt is not okay.  710 is okay.

  • Judy
    Lv 7
    2 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.

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