Credit score stuck at 765

Google
babygirl

Go to company page Google

babygirl
Oct 16, 2021 41 Comments

Iโ€™ve never had a late payment. Revolving utilization 1-2%.

What am I missing?

#personalfinance

41

comments

Want to comment? LOG IN or SIGN UP
  1. TOP
  2. RECENT
  3. OLD
 TOP 41 Comments
  • SAP
    bubble123

    Go to company page SAP

    bubble123
    Buy more cards
    Oct 16, 2021 7
  • Financial Services Company / Finance
    Anon_987

    Financial Services Company Finance

     Anon_987
    I opened my first card at 23, with a limit of $1500. Got it bumped to $3500 at 25. Applied for a new card at 26 and added $5000 to my total limit. At that time, my score was 790. I never had any student debt or car loans. I just simply paid off my card every month. Today it's at 810 with a total limit of $20k. I have no idea why yours isn't above 800, but I think it should be.
    Oct 16, 2021 5
    • What score are you checking? I can check through BoA or Chase, one is 810 the other one is 760!
      Oct 16, 2021
    • Financial Services Company / Finance
      Anon_987

      Financial Services Company Finance

       Anon_987
      At FB, I have an Experian account for credit monitoring. The score I'm referencing is Fico 8 I think.

      At OP, I think you just need to wait I guess. I honestly don't know how I have a score of over 800 with only two cards.

      If it matters, my TC is very low, < 75k.
      Oct 16, 2021
  • Did you ever have a mortgage or any type of loan?
    Oct 16, 2021 5
    • Superior Construction
      tvatvt

      Superior Construction

      tvatvt
      If you dont want loans, why worry about credit score?
      Oct 16, 2021
    • Cisco
      udnwnka

      Go to company page Cisco

      udnwnka
      To get a good mortgage rates, credit card benefits, lower insurance premiums, landlord checks etc
      Oct 16, 2021
  • Microsoft
    ๐Ÿ’€โ›ณ๏ธ

    Go to company page Microsoft

    ๐Ÿ’€โ›ณ๏ธ
    Your credit utilization is too low. You need to show that you can take on significant debt and pay it back. Put $10K on a card and pay it down to $0 over 4 months or so.
    Oct 16, 2021 3
    • This is completely wrong. OP just doesnโ€™t have a variety of loan types
      Oct 16, 2021
    • Superior Construction
      tvatvt

      Superior Construction

      tvatvt
      This is BS. Low credit utilization is never a problem except when you just dont use credit cards.
      Oct 16, 2021
  • Amazon
    ATT89

    Go to company page Amazon

    ATT89
    Mine just dropped to that too. They recently changed the formula. Age of accounts matters too so that makes it harder the younger you are. You also need to have a home loan and car loan with good history to boost it.
    Oct 16, 2021 2
    • Google
      babygirl

      Go to company page Google

      babygirl
      OP
      This might be it - no loans and Iโ€™m 25. Oldest account ~4 years
      Oct 16, 2021
    • Amazon
      ATT89

      Go to company page Amazon

      ATT89
      Yes, it is ironic, the more in debt you are, and the higher the credit available, the higher your score. I.e. companies can make the most money from you. That is what score means really.
      Oct 16, 2021