Is this good? What is average? I am 32 years old.
2006-10-27 08:22:45 · 17 answers · asked by Anonymous in Business & Finance ➔ Credit
The average credit score in the US is 678. See this website for more information on credit scores:
http://www.101-creditscore.com/ranges.htm
2006-10-27 08:33:06 · answer #1 · answered by suctioncup83616 4 · 0⤊ 0⤋
It depends on what type of score it is.
There are many different comapnies that score credit.
Beacon, FICO, Empirica and many others.
FICO is the most universally used and ranges from 350-850 (which is the truth, dont listen to all of these other people who think they know what they are talking about)
If your 747 score is a FICO score, you would be in the 90th top percentile of people in the US with good credit.
I look at dozens of credit reports everyday, few of them are above 700. Maybe one out of 25.
So you are doing quite well.
Look at this article; it explains more about credit scores:
http://www.expert-credit-advice.com/credit_score.htm
2006-10-27 09:13:22 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The credit bureau I checked my score from stated that 760 (my score at the time) was higher than 82% of the US population. myFICO.com states that 723 is the median (50% above and 50% below). 747 is above average. The range is 350 to 850.
2006-10-27 12:55:41 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋
I'm a little younger than you but I've got Eq=775
Ex=751 Tu=792. To get the BEST prime rates for almost anything the last teir is 760 and above. I've been trying for the past 2 years trying everything to break 800. It just won't come
2006-10-27 09:01:40 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Yes, that's considered excellent credit. According to Equifax, anything above 700 is excellent! Way to go, though! That's an awesome score...
2006-10-27 08:28:36 · answer #5 · answered by ? 2 · 0⤊ 0⤋
That is considered to be excellent credit so congrats and keep up the good work. Just be careful having companies pull your credit reports because every time they do, it will lower your credit score. You can go to experian.com, equifax.com and transunion.com and check it out there. Also you can go to annualcreditreport.com and pull all 3 of your credits reports for free and compare them as well. We are all entitled to one copy of our credit report for free each year.
2006-10-27 08:52:04 · answer #6 · answered by Aixa 2 · 0⤊ 0⤋
Average is 680, so you'll get the best interest rates on a loan or mortgage.
2006-10-27 18:21:13 · answer #7 · answered by Steve R 6 · 0⤊ 0⤋
Yes, I got my score recently (750) and the report stated that was excellent.
2006-10-27 08:40:56 · answer #8 · answered by melouofs 7 · 0⤊ 0⤋
yes it ranges from 400 to 800, so yes that ia a good score
2006-10-27 08:24:50 · answer #9 · answered by Bill Brasky 5 · 0⤊ 0⤋
that is a very good credit score
2006-10-27 08:29:58 · answer #10 · answered by snail 4 · 0⤊ 0⤋