Question: What Percentage Of The Population Has A Credit Score Over 800?

What percentage of the population has a credit score over 830?

According to FICO’s credit blog, about 18 percent of the population has a FICO credit score between 800 to 850, but the highest credit score I’ve heard of is 830 (feel free to post yours below).

A little over 25 percent of the population has a credit score below 600.

What percentage of the population has an 850 credit score?

In fact, 1.2% of all FICO® Scores in the U.S. currently stand at 850. Think of it as the alternate—and perhaps slightly less glamorous—1 percent. Of course, you don’t need a perfect score to access credit at the best terms and lowest interest rates. In most cases, scores above 700 are considered good.

Is it possible to get a 850 credit score?

A FICO® Score of 850 is well above the average credit score of 704. An 850 FICO® Score is nearly perfect. You still may be able to improve it a bit, but while it may be possible to achieve a higher numeric score, lenders are unlikely to see much difference between your score and those that are closer to 850.

How much of a loan can you get with a 800 credit score?

The average mortgage loan amount for consumers with Exceptional credit scores is $208,977. People with FICO® Scores of 800 have an average auto-loan debt of $18,764.

Is 805 a good credit score?

805 credit score benefits. An 805 credit score is a perfect credit score, believe it or not. Despite being just shy of the highest credit score possible (850), a credit score of 805 qualifies as perfect because improving your score further is unlikely to save you money on loans, lines of credit, car insurance, etc.

What is the average credit score by age?

People between the ages of 40 and 49 have an average FICO® Score of 684, while Americans between the ages of 30 and 39 score 673 on average. The average FICO® Score for Americans between the ages of 20 and 29 is 662.

Is 825 a good credit score?

An 825 credit score is a perfect credit score, believe it or not. Despite being just shy of the highest credit score possible (850), a credit score of 825 qualifies as perfect because improving your score further is unlikely to save you money on loans, lines of credit, car insurance, etc.

What is a excellent credit score?

For a score with a range between 300-850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most credit scores fall between 600 and 750.

What can you do with a 800 credit score?

  • 9 Things To Do When Your Credit Score Is 800.
  • Contact Your Credit Card Issuers.
  • Shop for New Car Insurance.
  • Refinance Your Car or Home.
  • Consider Credit Cards for Top-Tier Credit Scores.
  • Keep Paying Your Bills on Time.
  • Make Sure Your Credit Utilization Ratio Remains Low.
  • Don’t Close Credit Card Accounts.

What’s the average credit score for a 20 year old?

Average Credit Score By Age

Age RangeAverage Credit Score
20-29662
30-39673
40-49684
50-59706

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What is the average credit score for a 22 year old?

Average Credit Score by Age

Age GroupAverage Credit Score
50 – 69700
35 – 49655
21 – 34634
20 & Under631

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