It’s really not needed. As Dana Dratch states in this article, “get a hobby.”

You’re one of the lucky ones in the financial pecking order: Your credit score is high. Really high. But what if you want perfection?Get a hobby.Having a high score is great. But the slight difference between very high and perfection just won’t make a difference in your everyday life.

adding further:

“There is no reason to go from 775
to 850, because you’re still going to get the same rate,”
says Linda Sherry, spokeswoman for Consumer Action,
a Washington, D.C.-based advocacy group.

Perfect credit score: Unrealistic and unnecessary (Page 1 of 2)

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This shouldn’t be news to anyone who has followed this blog for sometime.

Simple: the higher your score the less you pay. Two people with good and bad credit will pay drastically different amounts for the same thing. So the goal is to get that score higher so you can pay less…

“If you’re at the 720 mark, you have some bargaining power,” he says. “If you’re in the mid-700s upward, you’re going to get the very best rates available.”The Web site www.myfico .com lists six stratifications within the prime credit range of 620 to 850. Below 620 you’ll be offered subprime rates, if you’re offered credit at all. Above 760 is equivalent to an “A,” says Travis Plunkett, legislative director at the Consumer Federation of America.According to myfico’s daily updated mortgage rate data, that 760 credit score translates to a 6.3 percent interest rate on a 30-year fixed, $216,000 mortgage. Meanwhile, a 700 score would get a 6.52 rate. A 620 score would pay more than a full percentage point higher, 7.89 percent, for the same mortgage.

Pay less and save more with a high credit score – Orlando Sentinel : Home & Garden Pay less and save more with a high credit score – Orlando Sentinel : Home & Garden

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Living in L.A. with out a car! Wow this is hard to do. I live in L.A. and can’t believe how much this city depends on the car. I grew up and was raised in the east coast where we all took the subway and buses. It was just a way of life… Anyway if you are looking to save a lot of money get rid of the car. Listen to this NPR clip and see how he does it.

Chris Balish is the author of the forthcoming book How to Live Well Without Owning a Car: Save Money, Breathe Easier, and Get More Mileage Out of Life. He talks with Renee Montagne about how to live without a car, even in Los Angeles.

NPR : Los Angeles Living, Without a Car