what is the average americans credit score
Many Americans do not even know their own score, much less how it compares to other borrowers. But your credit score falls into one of the following broad categories. A score of 750-840 is generally considered “Excellent” credit. A score of 660-749 is considered “Good” credit. 620-659 is “average” credit.
There’s a saying in the credit industry: The best credit is old credit.. According to a study by risk management firm SubscriberWise, consumers with perfect 850 FICO scores have an average age of 61 years old (born in 1950).