FAQs
About 21% of the American population has a FICO® Score between 800-850, according to 2022 Experian® data. This is the highest range in the FICO credit score categories, also known as an “exceptional” or “excellent” credit score.
What percent of people have over an 800 credit score? ›
22% of U.S. Consumers Have Exceptional Credit
Percentage of Consumers by FICO® Score 8 Range | |
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Range | Percentage of Consumers |
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Good (670-739) | 21.6% |
Very good (740-799) | 28.1% |
Exceptional (800-850) | 21.9% |
2 more rowsApr 17, 2024
What percentage of people have a 900 credit score? ›
Only 1.31% of the population can achieve a credit score of 850, so there's a certain point where trying to get the highest possible credit score isn't realistic at all. Having good credit can start at around 700. In fact, only a few credit score models have a credit score limit of 900.
What percentage of the population has a credit score over 850? ›
How many Americans have an 850 credit score? Only 1.31% of Americans with a FICO® Score have a perfect 850 credit score. While a score this high is rare among any demographic, older generations are more likely to have perfect credit. Baby boomers make up a whopping 59.4% of the people with an 850 credit score.
What percentage of people have a 780 credit score? ›
A 780 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers. 25% of all consumers have FICO® Scores in the Very Good range.
How rare is 825 credit score? ›
Your score falls in the range of scores, from 800 to 850, that is considered Exceptional. Your FICO® Score and is well above the average credit score. Consumers with scores in this range may expect easy approvals when applying for new credit. 21% of all consumers have FICO® Scores in the Exceptional range.
What age group has an 800 credit score? ›
Gen Xers with 800-plus scores have an average utilization ratio of 6.6%, while all Gen X cardholders have an average utilization ratio of 21.7%. Baby boomers (ages 58 to 76) with 800-plus scores have an average utilization ratio of 6.3%, while all baby boomer cardholders have an average utilization ratio of 14.3%.
Has anyone gotten an 850 credit score? ›
Although a lot of people might like the idea of a perfect credit score, they'd likely have a hard time actually achieving it. In the U.S., only about 1.7 percent of the scorable population had a perfect 850 FICO credit score in April 2023, according to FICO data.
How many people have 830 credit scores? ›
Membership in the 800+ credit score club is quite exclusive, with fewer than 1 in 6 people boasting a score that high, according to WalletHub data.
What is a perfect credit score to buy a house? ›
Some types of mortgages have specific minimum credit score requirements. A conventional loan requires a credit score of at least 620, but it's ideal to have a score of 740 or above, which could allow you to make a lower down payment, get a more attractive interest rate and save on private mortgage insurance.
According to a report by FICO, only 23% of the scorable population has a credit score of 800 or above.
What is the average FICO Score in America? ›
The average FICO credit score in the US is 717, according to the latest FICO data. The average VantageScore is 701 as of January 2024. Credit scores, which are like a grade for your borrowing history, fall in the range of 300 to 850.
How rare is a 750 credit score? ›
Roughly 48% of Americans had a score of 750 or above as of April 2023, according to credit scoring company FICO.
Is it rare to have an 800 credit score? ›
According to a report by FICO, only 23% of the scorable population has a credit score of 800 or above.
Is there a difference between 700 and 800 credit score? ›
For a score with a range between 300 and 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 consumers have credit scores that fall between 600 and 750. In 2023, the average FICO® Score☉ in the U.S. reached 715.
What is the average credit score by age? ›
Average FICO 8 score by age
Age group | Average FICO 8 score |
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30-39 | 692 |
40-49 | 706 |
50-59 | 724 |
60+ | 753 |
1 more rowMar 7, 2024
How to increase credit score from 800 to 850? ›
I achieved a perfect 850 credit score, says finance coach: How I got there in 5 steps
- Pay all your bills on time. One of the easiest ways to boost your credit is to simply never miss a payment. ...
- Avoid excessive credit inquiries. ...
- Minimize how much debt you carry. ...
- Have a long credit history. ...
- Have a good mix of credit.