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Policies vary by institution, but institutions that award credit usually require a score of 3 or higher on any given exam for credit to be granted or course prerequisites to be waived [13] (and according to The College Board website, some will award an "A" grade for a 5 score).
Loan Type. Minimum Credit Score. Conventional loans. 620. FHA loans. 500 (with 10% down payment); 580 (with 3.5% down payment) USDA loans. The USDA has no minimum limit, but lenders generally like ...
Credit Rating. FICO Score Range. Excellent. 800 and above. Very Good. 740 to 799. Good. 670 to 739. Fair. 580 to 669. Poor. 300 to 579
Some colleges use AP test scores to exempt students from introductory coursework, others use them to place students in higher designated courses, and some do both. Each college's policy is different, but most require a minimum score of 3 or 4 to receive college credit. [25]
There’s an ongoing long transition period, but mortgage lenders will soon have to deliver the more recently released FICO Score 10 T and VantageScore 4.0 credit scores when selling loans to the ...
The scores in the table below are endorsed by the American Council on Education as recommended credit-granting scores for each of the exams. On foreign language tests, the score will determine the number of credit granted. For example, one university may grant 8 credits for a score of 50, 12 credits for a score of 62 and 18 credits for a score ...
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