– Hey what’s up YouTube fam? Brandon Weaver here once again. How to get a 700 plus credit score, 700, 720, 760, 780, 800, how do you get it, how do you get that? All right, let’s get right into it. 35% of your history, all right, 35% of your history is your payment history. 35% of what makes up your FICO score is your payment history, okay? So the highest FICO achievers, those individuals with those 700, 720, 780, seven, 800s okay? 98% of ’em have no missed payment history, okay? And this comes right from FICO, you can, if when you log into myFICO app they’ll tell you a lot of their break down of what the highest achievers typically have, okay? They may not say exactly how you can do it, but they’ll say hey this is probably about what the highest achievers have, 98% have no missed payment history. So that’s number one, that’s the first thing out of the gate. You know, you want that all on time payment history. So if you’ve got these negative, nasty, erroneous, unverified accounts, you can dispute those. 609creditrepair.com, we can do the work for it at theawesomelifegroup.com, okay? Also, the education of disputing the late payments, using goodwill letters, okay? Proven, I have people all the time email and say hey, I had autopay on there, I don’t know why I would have a late payment.
Reaching out to them, letting them know, hey, you’re doing something wrong. This is inaccurate, okay? Disputing unverified accounts, unverified late payments, goodwill letters, all of it, all right? So, really no missed payments, 98% have no missed payments, but if they are, they’re over four years old, okay? So the age of the late payment is also important, but really no late payments, no public records, no collections, so everything’s clean, right? Everything’s clean. So that’s the part that we’re disputing, cleaning out people, emailing, letting you see reviews here, you’ve seen testimonials here, you’ve seen videos here of people being able to do it, you could potentially be the next one to do it as well, all right? Now 30% is the amount of debt, 30% is your amount of debt. So right there, that’s a big chunk, right, 65%. Less than 7% credit utilization, now we’ve gone over that before. A lot of people will say hey, get it at least under 30%, sure. But you’re going for the highest echelon, okay? Under 10%, fine, but what we know is that the highest FICO earners from myFICO, what they’ve said in their bullet points, what I’ve looked through, okay, in their app, under 7% utilization.
Also, three accounts, three revolving accounts, right? Three revolving accounts that are utilized. Total balance of your revolving accounts, your credit cards and your open-end cards, which are your charge cards, okay? There’s a difference between a credit card and a charge card. A credit card, you can revolve that account, that revolving balance, where you could carry over a balance every month if you wanted to, which we try not to do here, right? Try not to do. But your open-ended cards have to be paid off in 30 days. Your charge cards are those Amex charge cards, okay? So the total balance of your revolving and open-ended accounts, you owe less than $2,500 in total on them, when they report basically, okay? So you don’t have these big balances, they’re not worried about it. Now, that is a little bit smaller of a scenario, okay? That’s not a massive deal as it is part of, that is part of your 30% of the debt. So if you’re under 7% utilization, you’re using three of your accounts, your revolving or charge card accounts, three of ’em.
I remember I was using two and my score wasn’t as strong once I was using three, okay? And you’re not maxing ’em out, you’re probably okay. So there might be some wiggle room in that 2500, you might be a little bit lower, you might be a little bit less. But you don’t have to carry 2500, you just want to keep it under 2500. Now, 15% is the length of credit, okay? Most people want to work on their length of credit. I want to work on it myself, I’m a young man, right? So you want alert of that. 15% length of credit, okay, the highest echelon individuals have nine years or more of average age of credit.
And there’s oldest accounts, and that includes their mortgages or loans, or whatever from school, or whatever, wherever they’ve got, right, 25 years or more for highest, okay? 10% is your new credit, so inquires are actually pretty small. You just want to keep that down if you know what you’re doing, right? You’re not getting approved for stuff, it’s a non-account holding inquire, maybe you need to dispute it. 10% is credit mix, now this is something that’s intriguing. Not only do you want to have your revolving accounts and your charge cards, but you want to have installment loans, potentially like a mortgage, a car note, Self Lender is a good one.
Most of the high echelon FICO people, those big scores, have about five installment accounts, okay? Now I’m not saying you need to rush out and get five installment accounts, but I’m saying you might have a car, you might have a mortgage, you might have a Self Lender, it might be helpful. And most have seven bank cards in line with their store cards and potentially have up to 12 revolving accounts, including their charge cards, store cards, but seven of them are major banks, all right? So that’s a brief overview of how you can get to the top, to the top! If this video helps you out, please give a thumbs up. Hit the Subscribe button and that bell for notifications, and until I see you in person, I will see you on the other side. Take care. .