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I have a Citi card that provides a Fico score. I have not checked it in a while but I just logged in to see what it was. It is 802 from Equifax (I can't upload a screenshot for some reason).
This is the first time in my life I have reached an 800 score. I just have 4 credit cards and I rent my place. My question is, is this one of those situations where I "keep doing what you're doing." I suppose from this point forward it's a slow climb? Also, on the score meter it says 900 is the max, I thought 850 was max? did this change?
I have this community to thank for this achievement, if it's the real deal I am literally jumping out of my seat.
Thank you
Congratulations on your 800.
Citi reports your Fico 8 Bankcard score which has a range of 250 to 900. A Bankcard score above 800 is quite good. I suspect your Fico 8 classic score is not far behind (AMEX and Discover Card report Fico 8 classic [score range 300 to 850]
Generally your scores are best if you only report a balance on one card and maintain aggregate utilization (total balance/total credit line) below 9%. You can let balance on an individual card report higher, say up to 30% as long as aggregate UT% is maintained low.
See link below for score ranges associated with various Fico models and credit bureaus.
Congratulations on your score!
To give you a rough idea how the regular FICO 8 and FICO 8 Bankcard scores compare, mine differ by 11 points, with the Bankcard variety being higher. So as Thomas_Thumb said, it is likely your FICO 8 is only a little behind number-wise compared to the score CITI provided.
Might be too much new/recent credit or debt to income (DTI) ratio was considered too high for the loan amount.
DTI is not a credit scoring factor - credit scoring models are not allowed to consider income ... However lenders do look at ability to pay via DTI metrics.
That is awesome!!! Congratulations!
Thats fantastic......