The average credit score in the United States is 698, based on VantageScore® data from February 2021. Its a myth that you only have one credit score. In fact, you have many credit scores. Its a good idea to check your credit scores regularly.
Is a credit score of 700 average?
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.
What is a typical good credit score?
Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.
What is average credit score by age?
However, according to financial experts, the average credit score Canada wide is somewhere between 600-650 .Does the Average Credit Score in Canada Vary by Age?AgeAverage Credit Score18 -2569226 – 35~69736 – 45~71046 – 55~7182 more rows