FAQs
According to a report by FICO, only 23% of the scorable population has a credit score of 800 or above.
What percentage of people have over 800 credit scores? ›
How rare is an 800 credit score? An 800 credit score is not as rare as most people think, considering that roughly 23% of adults have a credit score in the 800-850 range, according to data from FICO. A score in this range allows consumers to access the best credit card offers and loans with the most favorable terms.
What percentage of people have a 900 credit score? ›
No one has a credit score over 900 because standard credit scores range from a low of 300 to a high of 850.
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.
How rare is an 825 credit score? ›
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.
How many people in us have 800 credit score? ›
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.
Is a 900 credit score possible? ›
Highlights: While older models of credit scores used to go as high as 900, you can no longer achieve a 900 credit score. The highest score you can receive today is 850. Anything above 800 is considered an excellent credit score.
How rare is an 800 credit score? ›
According to a report by FICO, only 23% of the scorable population has a credit score of 800 or above.
How rare is an 830 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.
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.
What is the average credit score? 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.
Does it matter if your credit score is 800 or 850? ›
Having a credit score over 800 isn't just good. According to the FICO credit scoring system, it's exceptional. Although both the FICO and VantageScore credit scoring systems go all the way up to 850, you actually don't need to hit 850 to reap the same benefits as those with a perfect credit score.
How rare is an 850 credit score? ›
In fact, according to the most recent survey from FICO, taken in April 2023, only about 1.7% of the scoreable U.S. population had a perfect 850. Here's why a 760 credit score is the one to aim for, what it can get you and how to find out what your FICO score is.
How rare is an 840 credit score? ›
Your 840 FICO® Score falls in the range of scores, from 800 to 850, that is categorized as Exceptional. Your FICO® Score is well above the average credit score, and you are likely to receive easy approvals when applying for new credit. 21% of all consumers have FICO® Scores in the Exceptional range.
What is a good credit score by age? ›
How Credit Scores Breakdown by Generation
| Average FICO 8 Score by Generation |
|---|
| Generation | 2022 | 2023 |
|---|
| Generation Z (ages 18-26) | 679 - Good | 680 - Good |
| Millennials (27-42) | 687 - Good | 690 - Good |
| Generation X (43-58) | 707 - Good | 709 - Good |
2 more rowsThe importance of credit scores and down payments
| FICO Score | National average mortgage APR |
|---|
| 660 to 679 | 7.589% |
| 680 to 699 | 7.375% |
| 700 to 759 | 7.198% |
| 760 to 850 | 6.976% |
2 more rowsApr 18, 2024
According to a report by FICO, only 23% of the scorable population has a credit score of 800 or above.
Is it rare to have an 800 credit score? ›
Only about 1 in 6 American consumers has a FICO credit score of 800 or higher. A FICO score in the mid-700s is generally considered good enough for the best rates and terms from lenders, but those with 800+ scores do have some things in common. Obviously, they don't miss payments.
How rare is an 820 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.
Is there a point to having a credit score over 800? ›
In addition to bragging rights, an 800 credit score or higher can qualify you for the best offers and faster approvals when you apply for new credit. Here's what you need to know to make the most of that 800-plus credit score, plus some advice on how to get one if you aren't quite there yet.
