I did a search and could not find a post like this so I decided to make one. It takes hard work, discipline and sometimes or often some sacrifice to have a 800+ Credit score so we deserve a place to celebrate.
The only rule is that your credit score has to be 800 or more on TWO out of the three credit reporting agencies. Post a screenshot to celebrate and verify your achievement!
Congratulations Rick! You are correct that a large purchase can move the rating down. I just found that out and was a little surprised how quickly it happened! We made about 20K worth of home improvements last December and put it on one credit card to take advantage of the 3% credit card rewards and bingo, within 30 days my score had dropped into the 700’s. We do not carry a balance on our cards so when the balance moved to $0 the next month, it popped right back up those 100 points again. I wish the credit bureaus would react that quickly when we find an error on their credit reports!! LOL!
Just checked and confirmed I’m still in the club! Although it’s come down a little recently having opened a couple cards to travel hack a trip to CA, paid off a car and purchased another new one, and one of my cards lowered my credit limit.
The highest I’ve seen on paper was 840 when getting approved for a car loan (not my most recent one, the car before my current one). It says my average age of accounts is 10 years, 100% on time payment, and my utilization is at 2%. Like I mentioned in my original post, I’ve been busier than normal having just bought a car in September and opening a couple of new cards - so those hard inquires are probably dragging me down. I spend on one of my cards for points and only pay off the statement balance each month so if I cut that out I could maybe get higher too.