$1000 for anyone that has a 850 credit score!

[300MDemon]

.

 

[300MDemon]

Checking your own credit doesn't affect your score.

 

[gluck]

Where can you check your score w/o effecting it ?

 

[DaWhim]

you need at least 20 years of credit history to hit 800+

 

[SuRgEoN]

Originally posted by: DaWhim
you need at least 20 years of credit history to hit 800+

No you dont

 

[Vic]

Originally posted by: SuRgEoN

Originally posted by: DaWhim
you need at least 20 years of credit history to hit 800+

No you dont

Mini-FICO's (where the score is based off of just a short history with a couple of tradelines) don't count. Nor do scores pulled off services like freecreditreports.com, which are known to inflate scores. The only reliable scores are ones pulled by a lender directly from the bureaus (or possibly myfico.com).

In 10 years as a mortgage loan officer, seeing an average of about 2-3 credit reports per day, I have never seen a score higher than 830. The lowest I have ever seen is 416 (he couldn't finance the steam off a hot lunch). Average score is about 700 even. High 700's is a "brick" (exceptional score almost guaranteed of the best approval). Scores above 800 are extremely rare. A large high volume office might see one report with an 800+ score per week, if even that. I personally have not pulled an 800+ report in more than a year.

edit: actual max score range is 300-850. I don't think it's possible to get either.

 

[SuRgEoN]

It is very rare. I had no idea how rare it was until I bought my house. My mortgage company said for my age that it was outstanding and rarely seen. My wife on the other hand...her's was quite lower 🙂

 

[dquan97]

Shoot...mine's 849 😉

actually, it's around 790 with 7yrs credit history

 

[randomlinh]

725/735 depending on which bureau.. but I have quite the amount of student loans... oh the joy

 

[johnjbruin]

Does bill gates have 850?

I cant think of many other people that might have 850?

 

[Aimster]

Time to go to 50 banks and get 500 secure loans 🙁

 

[300MDemon]

Originally posted by: gluck
Where can you check your score w/o effecting it ?

Any of the credit bureau sites like equifax, etc. I had some things going on with my credit so I had been using Experian's creditexpert service where I paid $9.95 a month for unlimited credit reports.

 

[Yax]

Originally posted by: johnjbruin
Does bill gates have 850?

I cant think of many other people that might have 850?

Sorry, but having 850 would be like owning a unicorn. Its an unreachable score. Even Bill Gates doesn't have 850. I think he's only like 843.

 

[bolbim33]

When the car dealership checks your credit when buying/leasing a car, does that negatively affect your credit? Does it count as an inquiry?

 

[dr150]

Anything that pulls your credit report lowers your score. Also, the more credit cards you have, the lower your score. I could easily get over 800 were it not for all the frequent flier cards I open for the bonus miles. 😉

 

[mugs]

Originally posted by: Yax

Originally posted by: johnjbruin
Does bill gates have 850?

I cant think of many other people that might have 850?

Sorry, but having 850 would be like owning a unicorn. Its an unreachable score. Even Bill Gates doesn't have 850. I think he's only like 843.

Did you just make that up? How would you know his credit score?

 

[FlyLice]

"ONly a handful of people have 850."

OK let's see...Warren Buffett, Walton family (Walmart heirs), Bill Gates. That's a handful right? I doubt $1,000 will change their lives.

 

[cbrsurfr]

Originally posted by: Yax

Originally posted by: johnjbruin
Does bill gates have 850?

I cant think of many other people that might have 850?

Sorry, but having 850 would be like owning a unicorn. Its an unreachable score. Even Bill Gates doesn't have 850. I think he's only like 843.

That's interesting. I ran my dad's transunion score a couple weeks ago and it was 872.

 

[Vic]

Originally posted by: cbrsurfr

Originally posted by: Yax

Originally posted by: johnjbruin
Does bill gates have 850?

I cant think of many other people that might have 850?

Sorry, but having 850 would be like owning a unicorn. Its an unreachable score. Even Bill Gates doesn't have 850. I think he's only like 843.

That's interesting. I ran my dad's transunion score a couple weeks ago and it was 872.

850 is the maximum possible score.

 

[Dunbar]

I think Suze Orman said maybe a dozen people have perfect (850) credit scores. Anything over 800 means you have no debt and basically don't finance anything.

And yes I am embarrased to admitting to watch Suze Orman 😀

 

[Mo0o]

What exactly do you have to do to get 850? Im assuming it's more than just paying off your credit cards on time.

 

[AgaBoogaBoo]

Originally posted by: Mo0o
What exactly do you have to do to get 850? Im assuming it's more than just paying off your credit cards on time.

knee pads

 

[spacejamz]

Oopps....

 

[spacejamz]

Originally posted by: dr150
Anything that pulls your credit report lowers your score. Also, the more credit cards you have, the lower your score. I could easily get over 800 were it not for all the frequent flier cards I open for the bonus miles. 😉

Read Me

 

[cbrsurfr]

Originally posted by: Vic

Originally posted by: cbrsurfr

Originally posted by: Yax

Originally posted by: johnjbruin
Does bill gates have 850?

I cant think of many other people that might have 850?

Sorry, but having 850 would be like owning a unicorn. Its an unreachable score. Even Bill Gates doesn't have 850. I think he's only like 843.

That's interesting. I ran my dad's transunion score a couple weeks ago and it was 872.

850 is the maximum possible score.

Ok then the 850 is something other than Transunion's Fico score.



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