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How bad is a 800 credit score?

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How bad is a 800 credit score?

Your 800 FICO® Score falls in the range of scores, from 800 to 850, that is categorized as Exceptional. Your FICO® Score is well above the average credit score, and you are likely to receive easy approvals when applying for new credit. 21\% of all consumers have FICO® Scores in the Exceptional range.

How do you safeguard your credit score?

Here are seven things you can do to make sure your credit score stays healthy:

  1. Pay back your debts on time.
  2. Apply for new credit only when you need it.
  3. Don’t co-sign.
  4. Consider keeping starter cards open.
  5. Guard your personal information.
  6. Regularly monitor all your accounts.
  7. Stay diligent.
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How much credit can I get with a 800 credit score?

People with an 800+ credit score also have credit card limits totaling roughly $46,700 on average, of which they generally use less than 5\%, according to VantageScore….An 800+ credit score gets you:

Type of Credit Do You Qualify?
Best Mortgage Rate YES
Auto Loan with 0\% Intro Rate YES
Lowest Auto Insurance Premium YES

How can I put a freeze on my credit?

Contact each of the three major credit bureaus — Equifax, Experian and TransUnion — individually to freeze your credit:

  1. Equifax: Call 800-349-9960 or go online. Check out our step-by-step Equifax credit freeze guide.
  2. Experian: Call 888‑397‑3742 or go online.
  3. TransUnion: Call 888-909-8872 or go online.

How do I freeze my credit to prevent identity theft?

Freezing your credit report at each credit bureau

  1. Equifax: Freeze Your Equifax Credit Report, 1-800-685-1111 (for New York residents, 1-800-349-9960)
  2. Experian: Freeze Your Experian Credit Report, 1-888-397-3742.
  3. TransUnion: Freeze Your TransUnion Credit Report, 1-888-909-8872.
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How can I protect my 800 credit score?

Here are nine things you can do to benefit from and protect your 800 credit score: 1. Contact Your Credit Card Issuers Now that you’ve achieved that exceptional credit score, it’s time to negotiate with your creditors for better interest rates.

How much should your credit card balance be for an 800?

If you want to reach and maintain an 800 credit score, aim to keep your credit card balances even lower than that amount. According to Experian, people with scores above 800 utilize 11.5\% of their total credit on average. 3 

What does an 800 FICO® score mean?

Your 800 FICO® Score falls in the range of scores, from 800 to 850, that is categorized as Exceptional. Your FICO® Score is well above the average credit score, and you are likely to receive easy approvals when applying for new credit.

How long does it take to get an 800 credit score?

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How Long Does It Take to Get an 800 Credit Score? Depending on where you’re starting from, It can take several years or more to build an 800 credit score. You need to have a few years of only positive payment history and a good mix of credit accounts showing you have experience managing different types of credit cards and loans.