How good is a credit score of 849?
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How good is a credit score of 849?
A FICO® Score of 849 is well above the average credit score of 704. An 849 FICO® Score is nearly perfect. You still may be able to improve it a bit, but while it may be possible to achieve a higher numeric score, lenders are unlikely to see much difference between your score and those that are closer to 850.
What percentage of people have an 849 credit score?
An 849 credit score is often considered very good — or even excellent.
| Percentage of generation with 750–850 credit scores | |
|---|---|
| Generation | Percentage |
| Gen X | 16.9\% |
| Baby boomer | 19\% |
| Silent | 15.6\% |
Does anyone have an 850 credit score?
The truth is, Americans with a perfect 850 FICO® Score do exist. In fact, 1.2\% of all FICO® Scores in the U.S. currently stand at 850. Think of it as the alternate—and perhaps slightly less glamorous—1 percent. Of course, you don’t need a perfect score to access credit at the best terms and lowest interest rates.
How much is a 850 credit score worth in money?
The average mortgage loan amount for consumers with Exceptional credit scores is $208,617. People with FICO® Scores of 850 have an average auto-loan debt of $17,030.
What is a good credit score UK?
A credit score of 721-880 is considered fair. A score of 881-960 is considered good. A score of 961-999 is considered excellent (reference: https://www.experian.co.uk/consumer/guides/good-credit-score.html). A credit score of 604-627 is good.
What is a bad credit score?
On the FICO® Score☉ 8 scale of 300 to 850, one of the credit scores lenders most frequently use, a bad credit score is one below 670. More specifically, a score between 580 and 669 is considered fair, and one between 300 and 579 is poor. The table below offers more detail on where scores fall.
Is 804 a good credit score?
Your 804 FICO® Score falls in the range of scores, from 800 to 850, that is categorized as Exceptional. Your FICO® Score is well above the average credit score, and you are likely to receive easy approvals when applying for new credit. 21\% of all consumers have FICO® Scores in the Exceptional range.
Is 900 credit score possible?
A credit score of 900 is either not possible or not very relevant. On the standard 300-850 range used by FICO and VantageScore, a credit score of 800+ is considered “perfect.” That’s because higher scores won’t really save you any money.
Is a credit score of 862 good?
An 862 credit score is excellent. Before you can do anything to increase your 862 credit score, you need to identify what part of it needs to be improved, plain and simple.
Is 400 a good credit score UK?
380-419 is considered a fair score. A score of 420-465 is considered good. A score of 466-700 is considered excellent (reference: https://www.finder.com/uk/equifax). To get a peek at the other possible credit scores, you can go to ‘What is a bad credit score’.