How to Get An 800 Score

Last Update: September 19, 2016

In all my years in banking I never saw a credit score higher than 812. What does a person who has an 812 credit score do that most people do not do? They pay off their credit cards every month. In other words, they pay every penny of their debt every month.

These folks use their credit, but they pay it off early. They pay it in full every single month. They pay their car loan on time or early.

This was always amazing to me to see a person with a FICO score of 800, because most people, who have good credit, have credit scores ranging from 640 to 720, more or less.

Let's face it. It is difficult to pay off all your credit cards every single month. It is difficult to pay all your payments on a 4 year car loan on time. Certainly, these people have to goof once in a while, right?

creditNO, they don't goof. They don't make mistakes. They pay off their credit cards every single month (for the last seven years). And, they never miss a car payment or a mortgage payment.

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CaJe51 Premium
I wish I could do that but I'm on a very tight budget.....someday hopefully I can.
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MikeMartin1 Premium
This is the type of goal that a person can set for them self, and
once they have more income they can work towards it.

Obviously, it is not something that can be done overnight.
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T1967 Premium
interesting :-))
Al (and Tania)
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MikeMartin1 Premium
Hi,

The funny thing about it, which most people won't realize, unless they spent as much time doing loans as I did, is that no one needs a credit score higher than about 700 to 720.

All the best,
Mike
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T1967 Premium
Thank you :-))
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T1967 Premium
LOL........SHHHHHH DONT TELL EVERYONE LOL LOL LOL XOXO TO YOU AND YOURS
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JudeP Premium
I think it might work slightly differently in the UK :)
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MikeMartin1 Premium
I have no idea how things work in the UK.
I have never been there.
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MikeMartin1 Premium
I'm happy to share my knowledge.
Thanks for the comment.
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onmyownterms Premium
Great info, thanks for sharing.
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