Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. A perfect credit score of 850 is hard to get, but an excellent credit score is more achievable. If you ...

Having a perfect credit score sounds really cool, but it's not all it's cracked up to be. Find out what having an 850 score can get you.

Limit your credit inquiries: Seeking loan repeatedly, and frequently leads to loss of credit score, albeit marginally. Therefore, it is not advisable to frequently carry out credit inquiries. 4.

FICO is the most widely used credit scoring model, developed by the Fair Isaac Corporation in 1989. The higher your FICO score is, on a scale of 300-850, the more trustworthy you are as a borrower.

But generally speaking, a credit utilization of 30% or less is considered favorable from a credit score perspective. In other words, let’s say you have a $30,000 credit limit. If you charge ...

A Reddit poster had a credit score of 676, but his score dropped to 520 overnight. The poster said he did not know why the sudden and dramatic score drop happened, but that he “sometimes” pays ...