Credit Score 1000: Is It Possible? Highest Credit Score Explained  (2024)

A credit score of 1,000 is not possible because credit scoring models simply do not go that high. According to Experian, some credit scoring models reach upwards of 900 or 950, but those are industry-specific scores that are only used by certain institutions.

VantageScore’s old scoring model soared as high as 990, but that is no longer the case today. Although a 1,000 score isn’t possible, an excellent credit score is attainable.

What’s the highest credit score you can have?

In most cases, a credit score of 850 is the maximum possible credit score. The range of scores for popular FICO and VantageScore is between 300 and 850. Ultimately, lenders typically consider anything above 720 to be an excellent credit score.

Highest FICO score

The highest FICO score that you can possibly have is 850. Depending on how the credit bureau calculates your score, these ranges will vary slightly. For example, the excellent range of credit scores for TransUnion is between 781 and 850, but for Experian, the excellent range is between 750 and 850. FICO has stated that approximately 1% of scores reach a perfect 850.

Highest VantageScore

Years ago, a perfect VantageScore was 990. The VantageScore 3.0 and 4.0 models have adopted the 300 to 850 scale, just like FICO. The highest VantageScore is 850, but less than 1% of credit scores ever reach 850.

Why your credit score matters

Your credit score will affect many aspects of your life, including your ability to obtain housing and even employment in some cases. In a number of states across the country, credit scores also impact auto insurance rates. Additionally, credit scores are used by lenders to determine your overall creditworthiness.

The benefits of having a high credit score

Since credit scores are determined by the data that makes up your credit reports, a higher score indicates that your financial health is in good standing. In addition to a favorable reputation, there are several other major benefits to having a high credit score.

Secure lower interest rates

The higher your credit score, the lower the interest rate you’ll secure on a credit card, auto loan or mortgage. According to Experian data, consumers with the best credit are eligible for an average interest rate of 4.2% on a new car. This value is much lower than the 14.97% interest rate that those with poor credit are often offered.

Obtain financing more easily

Unless you have cash on hand, you’ll likely need to finance major purchases, such as cars and houses. A high credit score opens the doors to a world of helpful financing opportunities. With bad credit, you’ll risk paying high interest rates with unfavorable terms if you’re not denied entirely instead.

Earn better approval rates for rewarding credit cards

Credit cards that offer rewards and incentives, such as airline miles or cashback, for spending are usually reserved for consumers with the highest credit scores. You can boost your odds of qualifying for one of these cards by reaching an excellent credit score.

Receive better approval rates on apartments and rentals

There is no standard credit score requirement when renting an apartment or a house, but having a high score can increase your odds of your application being approved. If you don’t have good credit, you might have to pay more upfront before you can qualify.

Negotiate lower interest rates on existing debt

Your credit card APR doesn’t matter if you pay off your credit card balance in full each month. However, if you have a balance on your card, having a high credit score may help you as you make negotiations with the lender in an effort to lower the interest rate. You could spend a lot less money if you can get a lower interest rate.

Tips for reaching the highest credit score

Although a perfect credit score is rare, it’s always wise to aim for the highest score possible. Reaching the highest credit score requires you to have financial discipline. Here are some tips for crafting a perfect score.

Curb your spending

It’s easy to rack up credit card debt, but it isn’t as easy to pay it off. So, make it a point to avoid any unnecessary spending. Try to only use your credit cards for emergencies.

Set up automatic payments

Since payment history accounts for 35% to 40% of your credit score, though the exact value depends on the scoring model being used. Either way, you’ll want to ensure you’re paying on time.

A single missed payment can have a significant impact on your score. Automatic payments eliminate the risk of forgetting that your bills are due.

Pay off your balance each month

Paying your balance in full can help you avoid interest fees while keeping you out of credit card debt. If you only pay the minimum amount of money that is due, you can easily end up in debt over your head.

Stay under 30% of your credit limit

The amount of credit you are currently using divided by the total amount borrowed is your credit utilization ratio. Aim for a low credit utilization rate if you want to have an excellent score. While 30% is the recommended max utilization percentage, FICO reports that people with credit scores of 850 typically keep their credit utilization rate below 4%.

Don’t apply for credit too often

Too many hard inquiries can lower your credit score. Although they cause minor impact, they can raise red flags for credit bureaus. states that individuals with six or more recent hard inquiries are eight times as likely to file bankruptcy when compared to those who do not have any recent inquiries.

In addition to inquiries impacting your score, opening too many new accounts can also lower your score due to the age of your accounts. New accounts are scored even lower than established credit accounts.

Perfect scores aren’t necessary

Perfect credit scores are incredibly rare, though they are possible. Although high credit scores make it easier for people to qualify for financing, you don’t need perfect credit to get a good interest rate on loans or credit cards. Individuals in the excellent range of 800 or greater can expect to reap the most benefits from their high credit scores.


What’s the highest credit score possible?

The current highest credit score used by the two most popular credit scoring models of FICO and VantageScore is 850.

Why does your credit limit matter?

Your credit limit matters because it is the amount of credit that is available to you, and it is best to leave your credit cards untouched in the event of an emergency or unexpected hardship.

What’s a good credit score?

Good credit scores vary because they are based on different credit bureaus, but generally speaking, credit scores considered to be in the good range for both FICO and VantageScore are between 670 to 739.

Credit Score 1000: Is It Possible? Highest Credit Score Explained (1)

Written by Jacinta Sherris Jacinta Sherris is a full-time writer with a B.A in Economics from New York University. Since 2017, she has contributed numerous lifestyle and finance articles to a wide range of companies and publications, including MoneyLion. In her free time, she enjoys pursuing her artistic passions and traveling.

Credit Score 1000: Is It Possible? Highest Credit Score Explained  (2024)


Credit Score 1000: Is It Possible? Highest Credit Score Explained ? ›

A credit score of 1,000 is not possible because the standard credit score range used by FICO and VantageScore is 300 to 850. Other credit scoring models have a high of 900 or 950, but they are industry-specific and only used by certain financial institutions.

What is the highest possible FICO credit score is 1000? ›

VantageScore and FICO are the two main credit-scoring models. For both the VantageScore and base FICO® score models, the lowest score is 300 and the highest credit score is 850.

Is it possible to get a 900 credit score? ›

A credit score of 900 is not possible, but older scoring models that are no longer used once went up to 900 or higher. The highest possible credit score you can get now is 850.

Is 1000 a possible credit score? ›

A credit score of 1,000 is not possible because credit scoring models simply do not go that high. According to Experian, some credit scoring models reach upwards of 900 or 950, but those are industry-specific scores that are only used by certain institutions.

Is 950 credit score possible? ›

Is a 950 credit score possible? In most conventional credit scoring systems, such as FICO and VantageScore, a credit score of 950 is not possible, as they typically have a maximum score of 850. However, some custom or industry-specific scoring models might use a different scale, but they are not as widely used.

Why is my FICO score 100 points higher than credit Karma? ›

Why is my FICO® score different from my credit score? Your FICO Score is a credit score. But if your FICO score is different from another of your credit scores, it may be that the score you're viewing was calculated using one of the other scoring models that exist.

Has anyone gotten an 850 credit score? ›

As of the third quarter of 2023, 1.54% of U.S. consumers had a FICO Score of 850, according to Experian data. Some notable traits of consumers with a perfect credit score include an above average number of credit cards, lower credit utilization rate and lower than average total debt.

What's the difference between my FICO score and my credit score? ›

A credit score is a three-digit number that measures your financial health and how well you manage credit and debt. FICO scores are a specific type of score that lenders can use when making borrowing decisions. The FICO credit scoring system is the most widely used credit score.

How rare is an 800 credit score? ›

According to a report by FICO, only 23% of the scorable population has a credit score of 800 or above.

What is the average credit score in America? ›

What is the average credit score? The average FICO credit score in the US is 717, according to the latest FICO data. The average VantageScore is 701 as of January 2024. Credit scores, which are like a grade for your borrowing history, fall in the range of 300 to 850.

What habit lowers your credit score? ›

Having Your Credit Limit Lowered

Recurring late or missed payments, excessive credit utilization or not using a credit card for a long time could prompt your credit card company to lower your credit limit. This may hurt your credit score by increasing your credit utilization.

What is a good credit score to buy a car? ›

Your credit score is a major factor in whether you'll be approved for a car loan. Some lenders use specialized credit scores, such as a FICO Auto Score. In general, you'll need at least prime credit, meaning a credit score of 661 or up, to get a loan at a good interest rate.

How rare is 825 credit score? ›

Membership in the 800+ credit score club is quite exclusive, with fewer than 1 in 6 people boasting a score that high, according to WalletHub data.

What's the highest FICO score? ›

The highest score you can have on the most widely used scales is 850. According to data from FICO, about 1.7% of all FICO scores were at the coveted 850 as of April 2023. And even if you do get there, the fluctuating nature of credit scores means you're unlikely to keep it month after month.

How rare is a 750 credit score? ›

A score of 750 puts you in a strong position. Roughly 48% of Americans had a score of 750 or above as of April 2023, according to credit scoring company FICO.

What is the highest possible credit score on the FICO scale 350 550 850 1000? ›

Explanation: The highest possible score on the FICO scale is 850, therefore the correct answer is c. 850.

Is 900 a valid FICO credit score? ›

The base FICO® Scores range from 300 to 850, and a good credit score is between 670 and 739 within that range. FICO creates different types of consumer credit scores.

Does FICO go to 850 or 900? ›

That's where the "+" in 800+ starts to make sense. Both the FICO Auto Score and FICO Bankcard Score range from 250 - 900. This means that the answer to the question, "How high can a FICO Score go?" is 900 .

Top Articles
Latest Posts
Article information

Author: Greg O'Connell

Last Updated:

Views: 6562

Rating: 4.1 / 5 (42 voted)

Reviews: 81% of readers found this page helpful

Author information

Name: Greg O'Connell

Birthday: 1992-01-10

Address: Suite 517 2436 Jefferey Pass, Shanitaside, UT 27519

Phone: +2614651609714

Job: Education Developer

Hobby: Cooking, Gambling, Pottery, Shooting, Baseball, Singing, Snowboarding

Introduction: My name is Greg O'Connell, I am a delightful, colorful, talented, kind, lively, modern, tender person who loves writing and wants to share my knowledge and understanding with you.