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Frequent Contributor
brother7
Posts: 380
Registered: ‎02-06-2009
0

FICO 800 with credit cards only

Is it possible? How high can one's FICO get using credit cards only? (no mortgage, auto, student or other types of debt)

 

If you have achieved FICO 800 with credit cards only, please provide details.

CRA and score (ie EQ 810): 

Total number of accounts: 

AAoA: 

Age of Oldest Account: 

Other useful info (ie closed accounts still reporting): 


11/02/2012 Peak - EQ 790 (ScoreWatch EQ FICO)
12/08/2014 Current - TU 823 (Walmart MasterCard TU FICO 08 Classic)
GOAL - 800! - App free since 09/07/2014
Moderator Emeritus
llecs
Posts: 32,869
Registered: ‎08-04-2007
0

Re: FICO 800 with credit cards only

I can't give stats without looking it up, but at least two moderator emeriti, I know fused being one of those and I think beamMEup being the other (can't remember), both hit 800 with zero loans reporting; only CCs.

 

Valued Contributor
my-own-fico
Posts: 1,300
Registered: ‎01-05-2010
0

Re: FICO 800 with credit cards only

You can add another two. My EQ inbetween two mortgages was 813. DW's TU was 814.

 

Are you living within your means?
Valued Contributor
AndySoCal
Posts: 1,949
Registered: ‎04-07-2009
0

Re: FICO 800 with credit cards only

I know it is posible see my siggy

Equifax My FICO score 815 5/28/2012, 818 on 7/28/2014 . Average of Accounts 12 years and no Installment accounts. MyFICO TU 810 6/26/2012 809 4/21/2013 MyFICO XPN -805. 2/26/2014 Discover TU FICO 813 App free since 9/2011
Established Contributor
bettercreditguy1
Posts: 760
Registered: ‎02-11-2012
0

Re: FICO 800 with credit cards only

My son had an 819 with two paid car loans  at age 27, no credit cards or mortage.

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico) EXP 735 (FAKO)
Updated scores 06/01/2014 EQ 797(Fico) TU 768(Fico) EXP 769 (Fico), EQ 849 (Next Gen 5/27/14 Penfed)


Remember the Three P's: Pay early in Full, Pay on Time, Patience
Valued Contributor
my-own-fico
Posts: 1,300
Registered: ‎01-05-2010
0

Re: FICO 800 with credit cards only


bettercreditguy1 wrote:

 

My son had an 819 with two paid car loans  at age 27, no credit cards or mortage.


 

With no open trade lines, what score is that exactly and where did he get it? :smileyhappy:

 

Are you living within your means?
Established Contributor
bettercreditguy1
Posts: 760
Registered: ‎02-11-2012
0

Re: FICO 800 with credit cards only

They were true Fico Scores all three from a lender when he began to think about pre qualification for his first mortage.I actually was with him and the bank officer when the scores were pulled.

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico) EXP 735 (FAKO)
Updated scores 06/01/2014 EQ 797(Fico) TU 768(Fico) EXP 769 (Fico), EQ 849 (Next Gen 5/27/14 Penfed)


Remember the Three P's: Pay early in Full, Pay on Time, Patience
Valued Contributor
my-own-fico
Posts: 1,300
Registered: ‎01-05-2010
0

Re: FICO 800 with credit cards only

[ Edited ]

Thank you. From personal experience, I'll assume the 819 is an Experian FICO II. But could it also be at the time he was an authorized user on a healthy card of yours? Having a thin file, having a zero utilization and being young all ding your scores, often considerably, we have been told time and time again.

PS: It occured to me that that the set of three mortgage scores might be based on the so-called industry version. The score sheet will list the range that was used.

 

Are you living within your means?
Valued Contributor
thom02099
Posts: 1,348
Registered: ‎08-30-2011
0

Re: FICO 800 with credit cards only


brother7 wrote:

Is it possible? How high can one's FICO get using credit cards only? (no mortgage, auto, student or other types of debt)

 

If you have achieved FICO 800 with credit cards only, please provide details.

CRA and score (ie EQ 810): 

Total number of accounts: 

AAoA: 

Age of Oldest Account: 

Other useful info (ie closed accounts still reporting): 


Is it possible?  Yes. 

Is it probable.  Not so much.

 

From what I've read here, FICO scoring looks at a good mix of account types.  If you mean from your question, absolutely nothing reported on your entire history but credit cards, then it could be possible to achieve (anything is possible), but would be more of a challenge.

 

If you mean having had, somewhere in your credit history, some installment/auto loans, mortgages, etc, but NOTHING reporting currently, or within recent timeframe, with the exception of credit cards, then I think that's probably a more realistic scenario.  The history will show the mix, even though the current history may show only credit cards. 

 

As with anything credit related, YMMV !

Diners Club Premier MasterCard $50K / AMEX Gold NPSL / AMEX Zync NPSL / AMEX Blue Cash Preferred $14K / Bank of America Cash Rewards Signature Visa $15K / Merrill Lynch Plus Signature Visa $15K / Wells Fargo Propel 365 $15K / Chase Sapphire Preferred Signature Visa $10K / J P Morgan Select Signature Visa $10K / Chase Slate Visa $6K / CITI Diamond Preferred MasterCard $13.2K / Discover IT $10.5K / IberiaBank Select Visa $8K / 1st Command Bank Platinum Visa $7.5K // Home Depot $9.7K / Lowes $10K

EX = 799 EQ = 812 TU = 811 - 11/2014

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