March 11, 2009

It there really such a thing as a perfect credit score?  An 850 credit score usually is the idea of a perfect credit score.  The idea is almost hard to even think about.

A credit score is one of those things that the top number seems to never be achieved.  It is almost like the Japanese sword making.  Sword makers work their whole life refining their skills and will never admit they have make a perfect sword.  There is always room for improvement.

There is a point where a perfect credit score is just being above a certain level.  If you are above 800 that would be one case.  There is very little chance if you improve your score it will get you any real benefit.  You are unlikely to get a better rate of interest.  You have hit the bottom of the best interest rates.  Though it might be just be a matter of pride to have a perfect credit score.

Another reason besides pride and saving money, you could make yourself a little richer.  If you are at an 850 credit score you could win some money.  TrueCredit a few years ago ran a search for a person with an 850 credit score.  At the time they were paying a $1,000 reward and some other credit give aways.  It does say that some individuals have reached the perfect credit score level.  They called a “milestone.”  That could be an understatement.

There is little information to be found about what people have done to get a perfect credit score, but you should know that it is going to take dedication.  You will have to start with an excellent credit score and take to the extreme.  Also, if you do get there you should tell your story.  People will want to listen.