higher than 760... does it matter?

[Anonymous]

760+ seems to put you at the best interest rate for any credit product.  so does it matter after that in anyway?

[Repo-ed]

I'm just guessing, but no.  That being said, anything above and beyond does allow you wiggle room for decreases while still being in top tier for rates, etc.

[pizzadude]

There may be a select number of top tier products where it would help but in general once you are there you'll qualify for the best rates.

[Anonymous]

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@pizzadude wrote:

There may be a select number of top tier products where it would help but in general once you are there you'll qualify for the best rates.

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im curious to learn what those select number of top tier products are

[namvet]

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@Anonymous wrote:

760+ seems to put you at the best interest rate for any credit product.  so does it matter after that in anyway?

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  HLN's Clark Howard says nope!   I agree with him.  The magic number for many years was 720.  So anything above 760 today only matters to your EGO.

[Anonymous]

I've yet to read anything that states that a score of 800 gets you anything better than you would get at a 765, other than personal satisfaction.

[marty56]

As they say more cushion for the pushin.  Even if 1 time out of 100, you always want your FICO score as high as possible.  Going to a car dealer and showing them a 800+ credit score will score some major points beyond any APR rates.

[Anonymous]

I suppose if one is @ 800+, you can stop worrying about what a HP will do to your score.  Almost there!!!

[boomhower]

Higher is always better but once north of 760 it's just cushion room and really doesn't gain you anything.

[CreditScholar]

A few credit products will require scores around or above 800, but they are quite rare. Simmons and Iberia credit cards definitely come to mind. I wouldn't bother applying there without a score around 800. For most other things once you pass 760-775 what matters most is income/annual spend.