If you have a credit score of 840, that means you have an exceptional credit score. According to a report by FICO, only 23% of the population has a credit score of 800 or above. That makes you part of a select group of people with excellent credit. You should be proud of your high credit score and use it to your advantage.
A credit score of 850 or above is considered excellent and puts you in the top tier of borrowers. According to Experian, only 23% of the population has a credit score this high. This makes you part of a select group of people who are financially responsible and trustworthy. When it comes to borrowing money, you're in a great position to get the best terms and rates available.