An 800 credit score is a perfect credit score, believe it or not.
Despite being just shy of the highest credit score possible (850), a credit score of 800 qualifies as perfect because improving your score further is unlikely to save you money on loans, lines of credit, car insurance, etc.
What percentage of the population has a credit score over 800?
What are the benefits of an 800 credit score?
The Benefits of an 800-Plus Credit Score
- You’re more likely to be approved when you apply for new credit.
- You’ll qualify for lower interest rates and higher credit limits.
- You’ll qualify for better credit cards with better rewards.
How long does it take to get an 800 credit score?
Depending on where you’re starting from, It can take several years or more to build an 800 credit score. You need to have a few years of only positive payment history and a good mix of credit accounts showing you have experience managing different types of credit cards and loans.
Is it possible to get a 850 credit score?
A FICO® Score of 850 is well above the average credit score of 704. An 850 FICO® Score is nearly perfect. You still may be able to improve it a bit, but while it may be possible to achieve a higher numeric score, lenders are unlikely to see much difference between your score and those that are closer to 850.
Can you have a 900 credit score?
A credit score of 900 is either not possible or not very relevant. The number you should really focus on is 800. On the standard 300-850 range used by FICO and VantageScore, a credit score of 800+ is considered “perfect.” That’s because higher scores won’t really save you any money.
What is the hardest credit card to get?
American Express Centurion Card