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How to Get a Perfect 850 Credit Score
Written by Sarah James ·
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SUMMARY
- Only 1.6% of U.S. consumers have a perfect 850 credit score, but it's achievable with consistent habits.
- Always pay on time and above the minimum, and keep balances low or at 0 — autopay features like TomoCredit's make this easier.
- Avoid maxing out cards, stick to a budget, and dedicate specific cards to specific spending categories.
- Don't open too many accounts or close old ones — account age factors into your credit history length.
- Understand your APR and check your score for free every year through Experian, TransUnion, and Equifax.
A Rare Feat
If you suffer from a low or (in many cases) no credit score, it may be quite difficult to achieve some of your personal financial goals. Some of these goals include: obtaining an auto loan, mortgage, or applying for any other types of loans.
According to FICO's most recent statistics, only 1.6% of 232 million U.S. consumers have a perfect credit score at 850. This feat may seem unachievable, but it isn't impossible.
We surveyed 100 people in San Francisco and asked them what their credit score is. Many answered in the mid-600s to 700 range, with a handful above 800 and some at a PERFECT 850. We asked those that were above 800 how they achieved this. Here's what they shared.
Tips From People Who Hit 850
- Pay your bills on time, and always pay over the minimum.
- Don't max out your cards.
- Keep a low or 0 balance. Some companies, like TomoCredit, feature autopay, so you never have to worry about making a late payment.
- Only spend on what you need, not what you want.
- Have a budget and stick to it.
- Create a strategy for your credit card usage—designate a specific card to a specific spending type.
- Don't open too many accounts. Retail store credit card programs are easy to forget until a late payment notice arrives.
- Understand your APR/interest rates—know how much you are paying and what you will need to pay.
- Don't close your credit card accounts, since this factors into your FICO credit history length.
- Check your score for free. Experian, TransUnion, and Equifax all offer annual free credit reports.
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The language used on this page is for creative purposes only. TomoCredit (or TomoBoost) does not guarantee an increase in credit score. Individual results vary based on each person's unique credit history and financial circumstances, and subscription payments are non-refundable.
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