Reaching an 850 FICO® Score is a coveted goal for many, but is it truly necessary? While an 850 score signifies the highest level of creditworthiness, it’s important to understand that scores above 800 are already considered excellent and will qualify you for the best credit cards and mortgage rates. An 850 score can offer perks like lower interest rates, higher credit limits, and stronger negotiating power with lenders. However, there’s little practical difference between an 850 and a score of 820 or even 750, as anything above 740 is generally viewed as very good credit. Therefore, rather than obsessing over achieving a perfect score, focus on maintaining a strong credit profile through timely bill payments, low credit utilization, and a long credit history. Regularly checking your credit report for errors can also help you sustain a top-tier score over time.
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