To have a high credit score, individuals tend to keep revolving balances low to their available credit, not max out credit cards, and consistently make payments on time, according to the company behind the FICO credit score.
FICO recently released findings from a study about the habits and behaviors of those who have the highest credit scores — 785 or greater. These high-credit scorers tend to qualify for the best mortgage rates, saving thousands of dollars over the life of a loan.
Nationwide, 25 percent — or 50 million people — are considered “high achievers” with their credit scores.
“High achievers” tend to exhibit some of the following behaviors, according to FICO:
"While people with a high FICO Score are not perfect, their consistently responsible financial behavior usually pays off over time," says Anthony Sprauve, credit score advisor for myFICO. "In a challenging economic period, the fact that we all have a chance to be high achievers is very good news. The lesson from these high achievers is that it's never too late to rebuild and score high."
Source: Realtor Mag