THE NINE BENEFITS OF HAVING AN 800 CREDIT SCORE

Any credit score of 800 or higher indicates that you’ve been using loans, credit cards and other lines of credit responsibly for several years, paying your monthly bills on time and keeping your credit report clear of negative information.

This is also from my personal experience.

When you apply for a loan or credit card, most lenders check your FICO score — a credit scoring system created by the Fair Isaac Corporation.

FICO CREDIT SCORES RANGE FOR 350-850— These are 
 scores break down:
Poor credit: 350 to 579  
Fair credit: 580 to 669  
Good credit: 670 to 739  
Very good credit: 740 to 799  
Exceptional credit: 800 and above

WITH AN 800 CREDIT SCORE, YOU’LL BE ELIGIBLE FOR 

THE EASIEST BEST LOAN APPROVALS,
most attractive interest rates
Best credit cards available with highest credit limits
Once you’ve achieved excellent credit status, you can reap the benefits, but you’ll still need to maintain your score.  

 9 BENEFITS THAT COME WITH AN 800 CREDIT SCORE

1. CONTACT YOUR CREDIT CARD ISSUERS

Now that you’ve achieved that exceptional 800 plus credit score, it’s time to negotiate with your creditors for better interest rates.

Call each creditor and explain that you’ve been a loyal customer with them and that you have  always paid on time and tell them you would like to get a lower interest rate on your credit card..

2. REFINANCE YOUR CAR OR HOME

With a high 800 credit score you will receive better rate offers. You can shop for rates on auto and home loans if you’re not happy with your current rate.

 Get pre-qualified for rates, which will NOT impact your 800 credit score.


3. CONSIDER CREDIT CARDS FOR TOP-TIER CREDIT SCORES

With an 800 credit score considered to be one of the highest credit scores, this places you in a unique position to research the different credit cards available to you.

You might find that you can qualify for and benefit from better APRs and 0% balance transfers and lots of perks that come with it.

4. KEEP PAYING YOUR BILLS ON TIME

Thirty-five percent of your FICO score is devoted to your payment history. Paying your bills by the due date without fail is critical to scoring high in this category.

To ensure that you do not miss a paymentt, set up automatic payments and try to pay more than the minimum for best results.

5. MAKE SURE YOUR CREDIT UTILIZATION RATIO REMAINS LOW

The total amount of credit you have available compared with the amount you’re utilizing counts for 30 percent of your score.

Lenders typically like to see borrowers using no more than 30 percent of their available credit. For example, if you have a credit card with a $10,000 limit, don’t utilize more than 30 percent  $3,000 — of your credit limit.

6. Don’t Close  old Credit Card Accounts

Even if you rarely use a credit card you’ve had for years, don’t close it. The length of your credit history counts for 15 percent of your credit score 

This enables lenders to see that you can handle credit responsibly over a long period of time.

7. YOU CAN GET YOUR DREAM JOB

An 800+ credit score can push your application to the top of the pile. Imagine there are three people applying for a particular job with the same amount of education and experience, yet two people have a 600 credit score  and the other has an 800 credit score. If the employer feels each applicant is a good fit for the position but can only choose one, there's a good chance he'll select the person with the highest credit score

Employers want to make sure you know how to manage your personal finances before they trust you with the company's finances. This is especially common with government jobs and jobs in the finance industry.


8. DON’T APPLY FOR CREDIT YOU DO NOT NEED

New credit accounts for 10 percent of your FICO score. When you apply for new credit, it is considered a hard inquiry, which will always impact your score.

When you have too many hard inquiries, your score can suffer. And even with an exceptional credit score of 800, you’re only one point away from reducing your credit status to “VERY GOOD.”

9  MONITOR AND PROTECT YOUR CREDIT

It’s essential and important that you regularly monitor your credit reports to ensure there is no wrong information on them that might ding your credit score 

 Make sure you dispute any  errors you find on your credit report.

Consider enrolling in a credit monitoring service that will alert you when anything changes on your credit report.

You can also order  copies of your credit reports from Equifax  and Transunion to make sure they contain completely accurate information.

Submit your site in submit your Url to cotid.org tto improve marketing This site is listed under Credit and Collection Directory

BELOW IS MY 871 CREDIT SCORE WITH CREDIT KARMA SCOTIA BANK AND ROYAL BANK . CONTACT ME AND I WILL SHOW YOU HOW I ACHIEVED THIS AND HOW LONG IT TOOK ME TO GET HERE

contact me and i will show you how i got my 871 credit score
We would like to hear from you
DID YOU CHECK YOUR CREDIT SCORE TODAY?

AN 800+ CREDIT SCORE GETS YOU:

Type of Credit Do You Qualify
Any Credit Card YES
No Annual Fee Credit Card YES
Credit Card with 0% Financing YES
No Foreign Fee Credit Card YES
Airline/Hotel Credit Card YES
Best Mortgage Rate YES
Auto Loan with 0% Intro Rate YES
Lowest Auto Insurance Premiums YES
Best Personal Loan Rate YES
Apartment Rental YES
Favourite Store Card YES
Big Initial Credit Card Bonus YES
How to achieve a good credit score


A WORD OF CAUTION ABOUT TRAILING INTEREST


Trailing interest is the amount of interest that adds up between when a credit card bill is sent and when payment is received. 

It is also called Residual Interest.. It only applies when you carry a balance on your credit card

How do you get credit when no one wants to give it to you?

Why Its Important to know your score

To improve your score,

 To apply for a credit card

To apply for a mortgage, 

To apply for a rental To apply for a car loan, 

To apply for a personal loan

Widget is loading comments...

About  us                        Excellent Credit Score                            No  Credit Score                               Late Payments                                Improving Your  Credit Score           

Contact us                     Good Credit Score                                  Fico Score Requirements                 Bankruptcy  Facts                             Fico Score Drop                                                                

FAQ                                 Fair Credit Score                                       Credit Education                                 Credit Missteps                                  Credit Card  Basics                              

Free Guide                   Poor Credit Scores                                      Student Loans                                    Excellent Credit Benefits                Credit Score Basics                                                             

© Copyright How To Get A Good To Excellent Credit Score To Qualify For Bank Loans