What changes once you get an 800 or above credit score?

[Raw Lyrics]

My friend says that his life goal is getting an 800 so I was just wondering

Is getting an 800 credit score similar to the "renting a car at 25" milestone?

I'm currently at 763, was about 609 in April of 2017 though. Wifey got preggo, so I had to clean my financial act up.

I was credit card happy from 2012-2017 though.
NEVER AGAIN THOUGH (barring catastrophic health related issues).



I can't say much has changed, cuz I'm financially conservative now, but I do get all types of offers for loans, credit cards, mortgage offers, etc. Also, for things like the latest phones I always get "no money down" offers.

 

[Raw Lyrics]

They greet me at establishments with a glass of champagne and slippers

 

[Raw Lyrics]

Nothing... because you keep doing the same things that got you there: not overspending, living beneath your means, delaying gratification... stuff like that. Those are the things that make you rich and those are the things that raise your score. The difference is you care less that your score is high because you actually have money and don't need to borrow much anyway.

 

[NaijaProdigy Redux]

I’m not sure there’s incremental value above 750

 

[Sex Luthor]

White people treat you like a king when they run your credit score...

The best part is when they treat you like a case of stolen identity first. Then when they find it's really you they treat you like a king while their soul burns slow

Gives me the chills just knowing how good that feels

 

[Pimp]

i don't close accounts. pay closer attention to the utilization.

Why don't you close accounts? I closed all small accounts and my score went up..

 

[Sad Bunny]

High credit isn't what its cracked up to be, if you're black..

They look at so much shyt besides the score, like debt to income ratio and credit balances to available credit ratio..

If they want to screw you over, even with your prestigious credit score, they'll find a way..

Credit utilization makes up a big portion of your credit score so chances are if you have I credit everything else should be good.

 

[Obreh Winfrey]

Why don't you close accounts? I closed all small accounts and my score went up..

Age of Oldest Account and Average age of Accounts are part of the calculation. Your score might have gone up because you paid them off before you closed them, lowering your amount of debt.

 

[hashmander]

Why don't you close accounts? I closed all small accounts and my score went up..

none of my accounts are small (credit line wise). i've always followed the advice that the only reason to close an old account that's in good standing is to avoid an annual fee. maybe it's dated advice, but it's just what i do. zero balance cards i charge something small on them a couple times a year.

 

[PhillyzFinest]

You're just ultimately put in a position where you can borrow money at a very low interest rate.

You get a lot of approvals and you get to save more of your money.

It's a good look IF you know how to leverage it and make more money for yourself. Otherwise, it just means you can take on more debt.

 

[No..Money..Mo..Problems]

You get better rates thus saving you money. If you make good income that's where it really matters cuz you can apply and get approved for huge loans if you wanna start your own business.

 

[sayyestothis]

Nothing after 750. 750 gets u best pricing/rates. Everything else over that means nothing.

 

[Super Ramon Jr]

fukk credit. I'm buying everything straight cash homie

 

[Wildhundreds]

fukk credit. I'm buying everything straight cash homie

This!!

And people who think this way are the ones with good credit..

 

[Gold]

You should refinance everything!!!