WHAT DOES A CREDIT SCORE 780 MEAN?

A 780 credit score is  an excellent one.

A credit score of 780 should qualify you for

most loans, credit cards and other lines of credit. 

 A 780 score means you’ve been doing almost

everything right with very little error.

Most people consider excellent credit to be

a score of 720+. But we actually recommend

setting the bar a bit higher at 750+, based

on the approval rates going for loans and lines of credit.

COMPARE YOUR 780 SCORE TO OTHER CREDIT SCORES

CREDIT SCORE CREDIT RATING
650 FAIR CREDIT
700 GOOD CREDIT
780 EXCELLENT CREDIT
800 PERFECT CREDIT
HERE’S HOW TO GET A 780 CREDIT SCORE:
1. ALWAYS PAY YOUR BILLS ON TIME:

Payment history counts the most — 35%

when it comes to calculating your credit score.

Plus, how well you keep up with your payments is reflected in your credit report, which lenders

use to gauge your creditworthiness

Missed payments are the trademark of a

risky borrower, indicating irresponsibility and

potential financial distress.

2. REDUCE CREDIT CARD DEBT

Carrying a large amount of credit card

debt is a huge financial liability that can

backfire and cause you to miss a payment,

and lenders know it.

Reducing credit card debt can decrease your credit utilization which is a key ingredient in your credit score. 

3. MONITOR YOUR CREDIT

Keeping tabs on your credit by regularly

viewing your credit reports and scores is

a key to getting and keeping a great score.

By monitoring, you can detect errors or

fraudulent activity as early as possible

so you can take action to protect your credit.

HOW TO IMPROVE YOUR CREDIT SCORE
FROM 780 TO 800

1. LIMIT YOUR CREDIT UTILIZATION

To determine your credit utilization, divide how

much you owe by your total credit limit.

Calculate credit utilization on each of your

credit card accounts, as well as an overall

calculation across all accounts.

People with credit scores of 800 and

above use less than 5% of their available credit, 

while people with scores from 701 to 750 have

25% credit utilization. 

2. FEW HARD INQUIRIES

Hard inquiries occur when you apply for a

loan or credit card and the lender initiates

a hard pull on your credit.

Unfortunately, each hard inquiry can

lower your credit score by a few points,

which could last around six months to a year.

3. CREDIT AGE

People with longer credit histories tend to

have higher scores than those with more

limited credit histories.

IN SHORT PAY ALL YOUR BILLS ON TIME EVERY MONTH AND MANAGE YOUR FINANCES

RESPONSIBLY IF YOU WANT TO MAINTAIN YOUR 780 CREDIT SCORE, LET ALONE IMPROVE IT. 

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A credit score of 780 should qualify you for  most loans