My credit score is 780 . I opened a new account , lowered my limits, do not have too much credit card debt. How can I get my FICO score up above 800 ?
2007-02-04 05:38:22 · 9 answers · asked by just me 4 in Business & Finance ➔ Credit
it takes several things....when you have credit you need to keep your balances below 50 percent of what your allowed amount is. You need to be paying your electric, phone, insurance, credit cards, rent, etc. payments on time. You have to have been in one residence paying those for several years, and have a good paying job and have seniority on your job. If too many people have asked for your credit card information then that could hinder you. Have you asked for and received your once a year free credit report? I don't know if they check what other assets you have or your education, but that surely would be in your favor. Sometimes having too much credit is a hindrance.
Several years ago I tried to get a checking account here and was told I couldn't because I didn't own a house. So I would guess everyone has their own determinants.
2007-02-04 05:45:05 · answer #1 · answered by sophieb 7 · 1⤊ 0⤋
I know how you feel. I was at the bank yesterday and they said my score was 798. They made it seem like it was impossible to have a 800 or more score. Usually there is a cap from a certain # like 750 and above that gets you the best rates and having over that is great but isnt going to help you more than having the bare minimum to get that rate.
2007-02-04 07:21:26 · answer #2 · answered by malissa_pavlik 1 · 0⤊ 0⤋
My score is 820 and my husbands is 798 and I had to work really hard to get them this high over the last year. Keep your account open and use it regularly, but pay it in full each month. It's okay for the limit to be higher, as long as you don't get in debt. The higher limit actually increases your credit score.
2007-02-04 05:46:39 · answer #3 · answered by Melissa 7 · 0⤊ 0⤋
I believe that 850 is the highest!
So you are doing great as it is...
Who knows what it takes to get over 800!
With the score that you have you should be able to get anything you want with a great interest rate.
I was able to get a tier two credit loan with a just settled defaulted student loan so I wouldnt worry to much about it as long as you have the income to support your purchase
2007-02-04 05:44:57 · answer #4 · answered by lisa s 6 · 0⤊ 0⤋
First, you dont need over 800.
Second, your mistake was that you opened a new account, and thus lowered teh average age of your accounts AND got an inquiry.
But seriously, it doesn't matter.
2007-02-04 05:40:48 · answer #5 · answered by Anonymous · 0⤊ 0⤋
cool my is 717 and climbing. i was told to keep credit cards below thirty. percent . i have three i charge 50 a month a piece and pay off in 25 days. house and car .
I am trying too. You go gurllllllllllllllllllllllllllllllll
2007-02-07 05:18:20 · answer #6 · answered by tennessee 7 · 0⤊ 0⤋
That is a very good score, but not the most responsible person on the planet because mine is higher :)
2016-05-24 04:12:24 · answer #7 · answered by Anonymous · 0⤊ 0⤋
why worry about it? 780 is excellent credit
2007-02-05 18:53:26 · answer #8 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋
TIME, you just have to give it time.
2007-02-04 05:43:47 · answer #9 · answered by AriesJWR 4 · 0⤊ 0⤋