From Yahoo Finance: 2025-04-16 13:03:00

Consumer finance expert Clark Howard challenges the idea of aiming for an 800 credit score, arguing it may be excessive for most. He advises focusing on moving your score up from wherever it currently is, but once it hits 760, stop pushing. Achieving a score of 800 may not offer significant benefits compared to the high 700s.

Howard emphasizes understanding the credit score scale, which ranges from 300 to 850, with higher scores indicating better creditworthiness. While an 800 score is excellent, the difference in interest rates between a 780 and an 800 score may be minimal. Lenders offer favorable terms to those in the upper tiers, making the pursuit of an 800 score unnecessary.

Focusing solely on the numerical credit score could overlook critical factors like credit mix and credit history length. Howard cautions against fixating on an 800 score, as the time and effort spent may be better allocated to other financial priorities, such as responsible financial habits, debt reduction, and smart budgeting.

Howard warns against unnecessary credit inquiries in pursuit of an 800 score, as each inquiry can have a temporary impact. He advises consumers to be strategic about credit applications and to prioritize financial habits that contribute to overall financial stability.

Howard challenges the idea that striving for an 800 credit score is always a sound financial goal. He suggests that once a score is in the high 700s, the incremental impact on interest rates becomes marginal. A balanced approach focusing on responsible habits and broader financial well-being may be more beneficial than fixating on a number.



Read more at Yahoo Finance: Why Clark Howard Believes ‘You’re Crazy’ To Strive for an 800 Credit Score