Posted on: 16th Sep, 2009 01:35 am
What is the highest credit score and how to achieve it?
850 is the highest credit score. Its very very difficult to achieve. basically hightest score start from 720. A borrower could be qualify for lowest interest if he his score is in between 720 t0 850
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850 is higest credit score.
It will achieved by following things-
1) Pay regular bills.
2) Long credit history.
3) Low balance limit ratio.
4) Credit cards.
5) Ontime payment.
6) No foreclosure.
7) No bankruptcy.
It will achieved by following things-
1) Pay regular bills.
2) Long credit history.
3) Low balance limit ratio.
4) Credit cards.
5) Ontime payment.
6) No foreclosure.
7) No bankruptcy.
The highest scores range in the area of 720-850. This range is considered to be excellent credit.
Highest credit score is 850.
Wow thanks...I refuse to be the 8th person to confirm that 850 is the highest score.
What I WILL say is that as some point, increasing your score will add little additional value. Meaning.....830 will not get you places that 780 cannot. So, if you already have a score that is in the 780 range, then you should probably focus on something else such as your investment portfolio.
What I WILL say is that as some point, increasing your score will add little additional value. Meaning.....830 will not get you places that 780 cannot. So, if you already have a score that is in the 780 range, then you should probably focus on something else such as your investment portfolio.
you are right eric.
Credit score is just a reflection of your financial health.
what really matters is a well balanced & diversified investment portfolio
Credit score is just a reflection of your financial health.
what really matters is a well balanced & diversified investment portfolio