The average FICO® credit score in the U.S. was 710 in 2020. Thats according to data from an annual study by Experian®. The Experian 2020 Consumer Credit Review uses FICO scores nationwide to determine averages by age, state and more.

What is the average credit score in America 2021?

698 The average credit score in the United States as of February 2021 is 698 based on the VantageScore 3.0 credit score model.

What percentage of the population has a credit score over 800?

In April 2018, about 21% of the population had a credit score between 800-850, which represents the higher echelons of credit score possibilities. However, that doesnt mean that most Americans dont fall into those upper ranges. In fact, by 2020, 69% of Americans had a good credit score — at 670 or above.

What is the average credit score by state?

Average FICO Scores by state in 2020State20192020Alaska707714Arizona696706Arkansas683690California70871646 more rows•Mar 19, 2021

How many Americans have less than a 700 credit score?

Heres why that matters. A credit score above 700 is generally considered a good score. Many Americans have hit this milestone and, by doing so, opened the door to competitive loan offerings. According to a recent report from Experian, 59% of Americans have a FICO® Score of at least 700.

Does anyone have an 800 credit score?

Having a credit score over 800 isnt just good—according to the FICO credit scoring system, its exceptional. Although both the FICO and VantageScore credit scoring systems go all the way up to 850, you actually dont need to hit 850 to reap the same benefits as those with a perfect credit score.

What percentage of Americans have credit score over 700?

59.2 percent The same data referenced above also reveals the percentage of the population with a score of over 700. According to FICO.com, approximately 59.2 percent of the U.S. population has a credit score range between 700 to 850.