Select Page

When you check your credit, you will likely see a note on the site that indicates that the range of possible scores go from 300 to 850. These are the most common models of credit scores, so to answer the question in the title above, no, a 900 credit score is not possible in these models.

However, there are some older models, as well as alternative models, that do go up to a score of 900 (or even beyond). While you may not ever encounter these particular ratings, as they aren’t widely used and most likely won’t come up the next time you apply for credit, it is useful to become familiar with them.

The most important thing is to know where your score stands on a traditional credit score range, as these are the scoring models that are used most often. There are plenty of sites out there, both free and paid, where you can see your current score.

In the post below, we’ll get into the older and alternative models that use a scoring range that exceeds 900.

What Models Use a 900+ Credit Score?

There are only a handful of credit scoring models that go to a maximum score of 900 or above. Each of these models start at a different starting point (minimum score). You may only encounter some of these models, like the FICO Auto Score, in very specific situations. Other scores, like the VantageScore 1.0 and 2.0, are older and no longer used today.

A 900 (or Better) Credit Score is Possible With These Types of Scores

  • FICO Auto and Bankcard Scores
    • Range: 250 to 900
    • Provider: Fair Isaac Corporation (FICO)
  • TransRisk Score
    • Range: 100 to 900
    • Provider: TransUnion
  • VantageScores 1.0 and 2.0
    • Range: 501 to 990
    • Provider: VantageScore
  • Experian National Risk Score
    • Range: 0 to 1000
    • Provider: Experian

Of the scores listed above, the newest ones that go up to 900 are the FICO Auto Score 9 and the FICO Bankcard Score 9.

Some of the scores above, like the VantageScore versions 1.0 and 2.0, have been retired and are no longer in use. They have been updated to newer versions, 3.0 and 4.0, which use a standard scoring range of 300-850.

Speaking of “retired”: Check out all our investing and retirement advice on our homepage here.

The two companies mentioned above, FICO and VantageScore, are far and away the largest credit-scoring companies in the United States. Regardless of what source you are getting your scores from, they will likely be pulled from one of these two companies.

What Credit Score Should You Aim For?

Now that you know that achieving a 900 credit score is not possible (except for in select scoring models or models that are no longer in use), it is time to stop dreaming about getting a 900 score and instead set your objective at getting a credit score of 800. In the traditional scoring range of 300-850, getting a credit score of 800 or above is what is considered as “perfect” credit. Anything above around 800 will not save you any extra money, meaning that an 800 score is just as good as 850.

So how do you get there? The first step is to get a credit analysis to see where you stand today and get recommendations for raising your score. There are many easy steps you can take to get started.

Of course, the biggest factor is paying your bills on time. Even one late payment can ding your score for a long time. Late payments have less of an impact as time goes on, but one late payment can stay on your report for up to 7 years. If you’re looking at investing in a home, for example, a recent late payment won’t look too good to lenders.

Also keep your credit utilization in check, which is the percentage of credit you are using against your credit limits. For instance, if you have two credit cards with a combined limit of $10,000, and you currently have a total balance of $2,000, then your utilization is 20%.

Additionally, avoid applying for new credit. It will add a hard inquiry to your report, indicating that you are shopping for more credit. On top of that, should you open a new credit account, that will bring the average age of your credit accounts down. Only apply for new debt when it is an absolute necessity. Rather than financing an engagement ring, for example, plan ahead and sock some money away to pay for it in cash.

Tim Schmidt

About 

A Florida-based Entrepreneur, Author, and Life Hacker, Tim Schmidt decided to take control of his retirement portfolio several years ago by setting up a self-directed IRA. This blog shares his thoughts and opinions on the top of retirement and investments. You can follow his career and travels on his Official Website as well as on his Instagram page.

Money MGMT.

How to Convert a SEP IRA to a Roth IRA

If you want to avoid having to pay taxes on the distributions in retirement when you have a simplified employee pension individual retirement account, you have the choice of converting it into a Roth IRA. This can be done regardless of having the pension account...

What is a 529 Plan?

Today I'll share with you the basics of a 529 plan.  This plan operates as a savings plan for college that provides specific financial aid and tax related benefits. Many of today’s 529 plans are also used as a way to invest and save money for grade school tuition for...

Precious Metals

Retirement Tips

Where to Donate Used Books – 10 Options to Consider

Do you love buying books? Are you the type to stop at every bookstore in your path? Do you always buy at least one new book whenever you’re in a bookstore? It’s no secret to your family and friends that you’re a book fanatic. In fact, they enable your collecting habit...

Flipping Houses for Profit

Not that long ago, I met a guy who just decided that it was time to get started in the real estate game. He decided to become a real estate agent. But he didn’t end his education there. In fact, he decided to learn all he could about renovations too. This led to him...

Stock Market

How to Invest in Dividend Stocks

Know what feels even better than getting some money from a hard day's work? Making money passively! While some investments take a lot of research and speculating to choose the right place to put your money in a growth stock, you can rest easy when putting some of your...

Monroe Capital Corp Currently Offers a 14% Yield

​Those of you who are holding cash in retirement accounts may want to consider some stocks that yield high dividends.  I just came across this gem of a stock called Monroe Capital that is currently paying a 14% yield.  If that’s not jaw dropping, I don’t...

Making Money Investing in Gold Stocks

Among other precious metals, gold has been the most popular choice among investors. Most people today view the metal as a hedge against inflation and a measure of protection in stringent economic times. Many people choose gold to diversify their portfolios.There are...