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I'm still a student, and I:

1) Have been lucky enough to get a scholarship through my schooling and do not have student loans.

2) I currently live in a city without the need for a car (and actually, having one would be inconvenient for me personally, since parking is hard).

3) Do have a couple credit cards, with long history and (I think high) maximums. I don't need any more credit cards.

My credit score is steady ~765, but it has been there for a long time. Is there anything I can do to raise it without taking on unnecessary loans to pay them off?

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    Why do you think you need it higher? Do you plan on taking out a major loan (meaning house-sized, not car-sized) any time soon? It's more than high enough to reassure any employer who feels they have to check this. – keshlam Sep 5 '14 at 21:21
  • Oh, I was thinking more car-sized. And it seemed not that high enough to me, but I didn't know what employers looked for. Thanks! – Linda Lee Sep 6 '14 at 22:51
  • All employers generally care about is that you aren't managing your money so badly that you're going to cause them trouble. – keshlam Sep 6 '14 at 23:08
  • Why no unnecessary loans? Having an installment loan is 10% of your credit score, which represents a much greater numerical boost to your score at these levels. You can take a $500 one out and autopay it. The amount compared to your other limits means nothing – CQM Sep 6 '14 at 23:17
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    @CQM: Given that Linda already has an excellent credit rating, and has no particular need for credit at this moment, I don't see any reason for her to do anything. Spending money to further optimize something which is more than good enough makes no sense at all. I've seen the "borrow something" advice many times, and maybe it matters if you're trying to repair your credit, but there are many of us who NEVER borrow and have top scores so I'm starting to really hate seeing it recommended blindly. – keshlam Sep 7 '14 at 14:15
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Websearch says the numbers can be translated as:

630-689: Average (probably too much "bad" debt).
690-719: Good credit (little trouble getting loans, generally better rates)
720-850: Excellent

You have Absolutely Nothing to worry about. Really.

  • Oh, thanks! I just wasn't sure. I was also told it might be volatile since my credit score is young (and I know a lot of people with higher scores) , but I'll just leave it be. – Linda Lee Sep 8 '14 at 17:10

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