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Can you make it to 800 if ..

howellco2
Frequent Contributor

Can you make it to 800 if ..

Been rebuilding now for over a year started out low 600 now in Mid 700s but when I look at simulators most of them tell me lack of real estate credit is hurting my score I own my little shack and 5 acres of land and I'm a truck driver so I'm never even there it's too old to get a heloc and I dont plan on buying a house ever so is there any other way to get real estate data or do I even need it to hit 800 one day ?

MAJOR BANK CARDS Amex BC 15k, Amex CM 1500, Amex Delta 1k, BB&T Travel 4500, BBVA 6900, CAP1QS 2600, Discover 3300, Marvel MC 6000, Wells Fargo CR 4500, Blispay 2k
CREDIT UNION CARDS DCU 2k , Robbins 10k, United1st 5k
STORE CARDS Amazon 10k, Home Depot 5k, PayPal 4k, Walmart 6k, Lowes 12k
Message 1 of 7
6 REPLIES 6
FireMedic1
Super Contributor

Re: Can you make it to 800 if ..

Any score over 750-799 is just as good or close to as 800 really. Do you have any installment loans? Truck loan, car loan, anything listed as a loan?

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Homeowner since Sept 2020. My posts are JMHO. My siggy is not to brag. Just sharing my experiences after BK from learning here from rebuild to recovery from the @ 540's.
Message 2 of 7
Shooting-For-800
Senior Contributor

Re: Can you make it to 800 if ..

800 is just a number. 

 

Anything you want to do with 800, you can do with 750 if all variables are the same.

 

I am sure you can hit 800 without real estate.  Think of all the apartments in NYC, etc.

 

GL!

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $400k unsecured credit in 2021.

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Message 3 of 7
gdale6
Moderator

Re: Can you make it to 800 if ..

Yup, I will pass 800 for regular Fico 8 pretty quickly now with no installment loans since my last closed in 2014.

Message 4 of 7
corpcrmgr
Valued Contributor

Re: Can you make it to 800 if ..

One of the CRA report me at over 800 without a mortgage. Outside of CC's all I have is a car loan to be paid off in August.

Message 5 of 7
howellco2
Frequent Contributor

Re: Can you make it to 800 if ..

@Firemedic1

Yes got 2 auto load both at about 6500 at 4.24%

MAJOR BANK CARDS Amex BC 15k, Amex CM 1500, Amex Delta 1k, BB&T Travel 4500, BBVA 6900, CAP1QS 2600, Discover 3300, Marvel MC 6000, Wells Fargo CR 4500, Blispay 2k
CREDIT UNION CARDS DCU 2k , Robbins 10k, United1st 5k
STORE CARDS Amazon 10k, Home Depot 5k, PayPal 4k, Walmart 6k, Lowes 12k
Message 6 of 7
marty56
Super Contributor

Re: Can you make it to 800 if ..


@corpcrmgr wrote:

One of the CRA report me at over 800 without a mortgage. Outside of CC's all I have is a car loan to be paid off in August.


A auto loan is the same as a mortgage FICO wise.

1/25/2021: FICO 850 EQ 848 TU 847 EX
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