What is the average FICO Score in America?
What is the average FICO Score in America? The average credit score in the US is a 718 FICO score and 701 VantageScore, considered a good credit score. Gen Z (18-25) has the lowest average credit score at 679, while the Silent Generation (77+) has the highest at 760.
How rare is a 750 credit score?
Twenty-four percent have a FICO® Score between 750 and 799, making the very good bracket. Data source: FICO (2022). Nearly half of Americans score between 750 and 850, in the very good to exceptional range, while less than 25% of Americans have a score between 300 and 649, the poor to fair credit score range.
Is 3 credit cards too many?
If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.