I want to know if my 825 credit score is good or not?
Do you have an 825 credit score? That is not just good, it is an excellent range. Lenders treat these customers as VIPs, as they always like less risky borrowers.
Lenders see you as the gold standard of responsible borrowing, and it shows in the kind of offers you start getting.
With an 825 score, here are the changes you can expect in your credit journey:
- Approvals are almost Automatic: Banks and lenders view you as a very safe bet.
- Top-Tier Interest Rates: Whether it is a mortgage, auto loan, or credit card, you are getting the best rates available.
- Higher Credit Limits: You have proven you can manage credit well, so lenders are more willing to extend the existing limits.
- Better Deals Overall: You have more power to negotiate, and in many cases, the pre-approved offers will come to you.
Want to reach an 800+ credit score? It is not something that will change overnight. You need to set discipline and be a responsible borrower to achieve this. First of all, check your latest score with a free credit score checker. This will help you plan accordingly.
Remember to pay dues on time, keep the credit utilisation below 30%, and avoid applying for too many loans or credit cards in a short span of time. Additionally, keep a balance between secured and unsecured loans.