my credit score is 766 out of 1000 , i cant get any credit card now,?

Question

though i need some loan no bank is giving me at this credit score 766, any idea how to improve credit score quickly

Answer 1

The credit scoring goes up to 850 so whoever told you 1000 needs their head examined. Get as much distance as you can from that dipshit.

I have a score of well into the 800's and I know 766 is a very good score as well. If there is a banking system (USA I am talking about) that told you 766 is bad then you need to report them and find a new banking institute.

Answer 2

Since you are dealing with a bank in asking for a loan, ask them what steps they would require for you to improve your credit status to their liking.

You say your score is 766 out of 1000. The FICO score is on an 850-point scale. Where did you get the number? On the FICO scale your score is about 650 (76% of 850).

Although I don't work in the credit business, based on many years as a consumer, I offer the following suggestions:
1. There isn't a quick fix. It will take at least 6 months for the score to start improving.
2. Don't close any open credit cards -- part of your score is based on what percentage of total available credit you are using. Do pay off high-rate cards first.
3. Make sure that you don't miss or aren't late with ANY payment. Being late will kill your credit score.
4. If you don't have prior credit history, you're going to have to start at the bottom-- like a $300 Home Depot or department store card, or a secured credit card, and pay it off. Any installment debt paid off on time helps your score -- the amount isn't as relevant. A $1000 loan paid off on time will help more than a $10,000 loan paid off on time but with a late payment.
5. (Although it's first in importance) Make sure your credit reports are correct. Go to www.annualcreditreport.com.

Good luck.

Answer 3

Credit score are between 400 and 997, but nobody ever gets that high. The 700-750 is a decent score, over 750 is really good. So if a bank is not giving you a card with a score 766 I would try another bank. You shouldn't have any problems unless there is something you are not telling us (or lying about that score).

Answer 4

don't know where you are...but usually credit scoring doesn't go up to 1000....it only goes to 800...and if you have a 766 score...you have GREAT credit....I would suggest going on to www.freecreditreport.com and get a free copy of your credit report to look over it yourself. There may be items that you need to dispute...if so..that will increase your score quickly.

Answer 5

strange, any score above 750 is considered excellent. 800 is the upper threshold. i believe the average score is about 650. i had no problem securing a mortgage at a very low interest rate with a score at right about 750. i was approved in less than a half hour, no hassles, very easy. plus, credit considerations are quite relaxed in today's loan environment. i think mortages at low interest rates are accessible to those with even below average scores. something must be inconsistent; i would look closely at your report and see where the discrepancy is at.

Answer 6

Your ultimate guess is to coach for a secured mastercard to start rebuilding your credit history. attempt to get one with out an annual cost. you're able to continuously pay a minimum of the minimum, ideally the full stability although, on time. If and once you're authorized, sign in your card on their information superhighway web site and have indicators sent on your email address so which you're notified while a charge is due. in no way use greater beneficial than 20% of your shrink at a given time. You in no way be attentive to while the cardboard provider will record to the bureaus. pay as you go taking part in cards and debit taking part in cards do no longer build a credit history! good success.

Answer 7

your credit score and report just shows your credit worthiness.

and that's it!

if you don't make enough money and have a lot of expenses, you might not qualify for a loan because the bank has calculated that you can't afford it. (even if your score is 850)

Answer 8

Credit scores range from 350-850. I work at a car dealership and I see this every single day.

Answer 9

you certainly should be able to get a credit card at this kind of score. if you applying for a personal loan, there may be other factors (are you employed?)