Wall Street

What is the Highest Credit Score?

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It’s the Bigfoot of the financial world; a perfectcredit score. AKA, the highest score a person can get. This mythical and elusive number for the FICO Score is 850. And, for those unaware, FICO Scores range from 300 to 850. In reality, there are Americans with 850 FICO Scores. As a matter of fact, 1.6% of all FICO Scores currently stand at 850. Which, may sound dire considering that 11% of people believe that Bigfoot is real. At the same time, obtaining credit with the best terms and lowest interest rates doesn’t require a perfect score. A score above 700 is considered good in most cases. What…

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