• jaschen@lemm.ee
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    9 months ago

    Honestly, after 700, it doesn’t matter if you’re 765 or 800. You’re already approved.

    • Ms. ArmoredThirteen@lemmy.ml
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      9 months ago

      Bunch of rentals in Seattle are requiring credit of 750+. I thought my 740 credit wasn’t half bad for only being in the credit game for like 6 months but it still can’t get me shit here

      • lqdrchrd@lemmy.blahaj.zone
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        9 months ago

        A minimum 750 credit score is crazy. I haven’t ever missed a payment on any line of credit in my life and mine is 751. The maximum is 850 for god’s sake!

        • Fox@pawb.social
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          9 months ago

          At a certain point it’s just excluding younger applicants, because their credit history is just too short to hit that requirement regardless of the other factors

        • jaschen@lemm.ee
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          9 months ago

          Errrr, I was low 700 and was approved for the lowest rate in Bellevue. Maybe you should try a different bank.

      • PatFusty@lemm.ee
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        9 months ago

        I just had to check… I’ve been paying bills and shit on time for 15+ years and I am barely at 748. I even have like 60k USD in available credit. How the fuck do they have a minimum of 750 like wtf.

        On another note, something also crazy is that I noticed that when I bought my first home my credit dropped 100 points. The banks actually lowered my credit score on buying a house…

        • instamat@lemmy.world
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          9 months ago

          Age of accounts and utilization are huge factors, so if you’ve opened and closed a lot of accounts, and if you’re over 10% utilization then your score will come down. Leave accounts open even if you don’t use them. The age will help.

    • ryathal@sh.itjust.works
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      9 months ago

      The easiest way to get an 800+ credit score is with a mortgage. If you have marginal credit taking the crappy mortgage will make your score better and you can refinance in 12-18 months and get a better deal.