Frequently Asked Questions(FAQ)

What does it mean to have excellent credit?

Excellent credit is a credit score of 800 or higher.

Do you need to earn a lot of money to have excellent credit?

Not necessarily, although the more money you have, the easier it may be to pay down your debts. Having excellent credit is a matter of paying your bills on time, keeping your credit usage low, and keeping your accounts open for a long time.

Is it possible to get a perfect FICO score of 850?

Yes, although it’s far from easy. In a 2019 study, the consumer credit reporting company Experian found that only 1.2% of Americans had a perfect credit score of 850.

Is having excellent credit worth the effort?

Absolutely. Excellent credit makes so many areas of life easier, including paying your mortgage and keeping up with your car insurance.

Sarah Harris

Sarah Harris

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Sarah Harris is a content marketing expert with a track record for helping businesses, agencies, and individuals in every sector establish credibility online with strong links, optimized webpages, and superior copy.

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