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With the average FICO credit score estimated at 690 (the highest possible score is 850), chances are most Americans wouldn’t mind some advice on how to improve. 

Of all consumers, just 25 percent have managed to achieve a score of 785 or higher.

Why not ask them how they’ve done it? 

A new report by myFICO analyzes the habits of the country’s savviest debtors to find out just how they’ve achieved a stellar FICO score. 

Here’s what they found:

1. They’re not debt-free. On average, they carry an arsenal of about seven credit cards.

2.  But they are minimalists, only carrying balances on about four credit cards or loans at a time.

3.  The vast majority carry less than $ 8,500 in total debt (not including mortgages), while about one-third carry more. For the most part, they use less than 7 percent of their avai…………… continues on Business Insider