Most of us are aware that FICO scores range from 300 to 850, with 300 being reserved for the people with the absolute worst credit, and 850 being reserved for a few elite people with absolutely perfect well-established credit. It is hard enough to get over 800, let alone 850.
Has anyone(who works in finance) seen a score that was very close to either 300 or 850? If so, what types of things(collections accounts, long-standing cards, tons of loans, etc) on their report affected why their score was so extremely high or low? I've heard that it is possible to get a 300, but I don't think I've ever seen anyones' score lower than a 420. Anyone?
2007-03-28 07:47:17 · 8 answers · asked by Anonymous in Business & Finance ➔ Credit
The worst that I've seen was a 382. I actually had to do a double-take to make sure that it wasn't a typo. But before anyone jumps to conclusions, it was a case of identity theft of a friend of mine that happened to him while he was incarcerated. His female dog of an ex girlfriend opened up 9, yes 9 credit cards simlutaneously, a car loan for her boyfriend at the time, rented a townhouse that they trashed, numerous utility bills, and some other stuff that it pains me to remember.
It took us almost 4 years to finally get that straightened out and her in jail and now his credit score is a decent 696.
The highest that I saw was 813. It was this elderly woman that was my parent's neighbor for 10 years. When I was younger she had added me as an authorized user to most of her credit cards so that I could help her with grocery shopping and paying bills. Out of the 47 years that she had credit, she was late only ONCE. And that was becuase she was in the hospital and didn't get a statement while she was there.
2007-03-28 08:32:55 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Highest Credit Score Ever
2016-11-13 02:18:14 · answer #2 · answered by ? 4 · 0⤊ 0⤋
I'm not a banker, but I am a credit counselor.
The worst score I've seen: 410
The best: 774
The 410 had loads of collections and charge-offs, a few judgments and a tax lien.
The 774 was newly-estblished credit - her longest history was 2.5 years, but everything was perfect.
2007-03-28 08:24:37 · answer #3 · answered by YSIC 7 · 0⤊ 0⤋
Best: 831 (best middle score, 823)
Worst: about the same 420 range. Been a few years since I've seen anything that crappy though, thank god.
I've never seen a score beginning with a 3.
2007-03-28 07:51:46 · answer #4 · answered by Yanswersmonitorsarenazis 5 · 1⤊ 0⤋
I knew a guy in college who screwed his credit so bad that his score was 412 when he got it checked after college. But this guy was so bad with his debt it almost looked like he was trying intentionally. In reality you almost have to work at it to get your score much below 500...
My mortgage broker told me that the irony of super high credit scores (780 plus), is that most of those people have carried some serious debt in their lives. But they have just manged to carry it very well. My parents have a 1 million dollar mortgage but have credit scores lower then mine.
2007-03-28 07:54:52 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Greetings,
My wife's is 825. Mine is 800. She has one credit card, and a few store cards. I have 4 credit cards and no store cards. Cars and house are paid off.
...
But, what good is it....Not interested in borrowing anything.
S1lent
2014-06-20 20:16:35 · answer #6 · answered by lightingmoves231 2 · 0⤊ 0⤋
Best I ever saw was when I worked for an auto dealer, it was an 846. The worst I ever saw was also at the auto dealer, it was a 412 or somewhere near that.
2007-03-28 07:53:07 · answer #7 · answered by KWCHAMBER 4 · 0⤊ 0⤋
Worst: 486
Best: 800
2007-03-28 07:50:12 · answer #8 · answered by pretzel2222 3 · 0⤊ 0⤋