What is the highest credit score?
Asked by: Jailyn Trantow | Last update: December 11, 2025Score: 4.9/5 (71 votes)
Is a credit score of 900 possible?
What is the highest credit score possible? To start off: No, it's not possible to have a 900 credit score in the United States. In some countries that use other models, like Canada, people could have a score of 900. The current scoring models in the U.S. have a maximum of 850.
Does anyone have an 850 credit score?
According to FICO, only 1.6% of the population has an 850 credit score. It's incredibly tough to get there, but reaching an 850 score is possible.
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.
How many people have a credit score over 800?
Twenty-three percent of Americans have a credit score between 800 and 850, considered "exceptional" by FICO. A credit score at the top of that range -- 850 -- is considered a perfect score. Twenty-four percent have a FICO® Score between 750 and 799, making the "very good" bracket. Data source: FICO (2022).
TOP 5 Benefits Of A High Credit Score (Most People Don't Know About!)
How rare is a 700 credit score?
In April 2021, the average FICO score was listed as 716 following a generally upward trend in average credit scores over the past 10 years. According to Experian, 40% of consumers have FICO scores lower than 700.
Why is it so hard to get a 800 credit score?
Only a little over 20% of consumers ever earn a score of 800 or higher. Why? People with 800 credit scores use credit differently than the vast majority of credit users. Sure, they do some of the same things you do: never miss a payment, try to keep their credit utilization low, and scan their credit report for errors.
What is the average American 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.
How much money can I borrow with an 800 credit score?
With an 800 credit score you may qualify for a personal loan up to $100,000. However, if you have a lot of debt or an unfavorable debt-to-income ratio, some lenders may limit how much they are willing to loan. Most lenders use a variety of factors to qualify borrowers for a loan.
What is a good credit score to buy a house?
Conventional loans typically require a minimum credit score of 620, though some may require a score of 660 or higher. These loans aren't insured by a government agency and conform to certain standards set by the government-sponsored entities Fannie Mae and Freddie Mac.
What is a good credit score for my age?
FICO consider scores that fall between 670 and 739 to be “good” credit scores. And anyone at any age, location, or income level can build a good — or even excellent — credit score.
What is the highest FICO score you can get?
The highest score you can have on the most widely used scales is 850. According to data from FICO, about 1.7% of all FICO scores were at the coveted 850 as of November 2023.
Which person is most likely to have the best credit score?
21.2% have an exceptional FICO credit score of 800 or above. FICO credit scores generally increase with age, with older generations having higher averages. As of the third quarter of 2023, members of the silent generation have an average FICO Score of 760 (very good), while Gen Zers have an average of 680 (good).
What is a good credit score to buy a car?
Your credit score is a major factor in whether you'll be approved for a car loan. Some lenders use specialized credit scores, such as a FICO Auto Score. In general, you'll need at least prime credit, meaning a credit score of 661 or up, to get a loan at a good interest rate.
What is the perfect FICO score?
What's the best credit score to have? It might be exciting to aim for 850, the highest possible FICO score, but it really comes with no additional benefits. According to credit expert John Ulzheimer, a 760 will get you the best mortgage rate and a 720 score is all you need for the best interest rate for an auto loan.
What's a bad credit score?
What Is a Bad Credit Score? A bad credit score is a FICO® Score☉ below 580. A bad VantageScore® credit score is a score below 600. That said, lenders may have different ideas of what a bad credit score is when they're reviewing a loan application.
How much house can I afford if I make $70,000 a year?
The house you can afford on a $70,000 income will likely be between $290,000 to $360,000. However, your home-buying budget depends on quite a few financial factors — not just your salary.
Can I get 50000 with 700 credit score?
A 700 credit score can help you in securing a Rs 50,000 Personal Loan with many benefits, such as: Lower interest rates. Higher loan amounts. Faster approval process.
What credit card builds credit the fastest?
- Best for average credit: Capital One Platinum Credit Card.
- Best for students: Discover it® Student Cash Back.
- Best secured card: Discover it® Secured Credit Card.
- Best low deposit: Capital One Platinum Secured Credit Card.
- Best for cash back : US Bank Cash+® Visa® Secured Card.
How rare is a 750 credit score?
Your credit score helps lenders decide if you qualify for products like credit cards and loans, and your interest rate. A score of 750 puts you in a strong position. Roughly 48% of Americans had a score of 750 or above as of April 2023, according to credit scoring company FICO. FICO Blog.
Can I buy a house with a 705 credit score?
Home loans
Your credit score might be only one piece of your home mortgage application, but it's among the most critical. With a 705 credit score, you're well above the 620 baseline score needed to qualify for most home loans, but borrowers with a 740 score or higher will typically get a better interest rate.
What credit score is needed to buy a house?
For a conventional mortgage in California, you typically need a minimum score of at least 600. If you qualify for certain government-backed loans, however, you may be able to buy a home with a score as low as 500.
What is a typical credit card limit?
A single credit card can have a credit limit of anywhere from $500 to $10,000, depending on various factors like the type of card, your credit score and more. According to Experian™, one of the three main credit bureaus, the average total credit limit across multiple cards was about $30,000 in 2021.
How rare is a 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.