What is the highest your credit score can go up to?

Most credit scoring systems use a scale that ranges from 300 to 850. There are, however, some credit scoring models that go up to 900 or 950, including industry-specific scores used by certain institutions. Working your way up to an 850 credit score might sound appealing, but it isn’t necessary.

What percentage of the population has a credit score over 825?

Membership in the 800+ credit score club is quite exclusive, with fewer than 1 in 6 people boasting a score that high, according to WalletHub data.

What’s the most a credit score can go up in a year?

The highest credit score is generally an 850 for FICO or VantageScore. The highest credit score you can have on the most widely used scales is an 850. For common versions of FICO and VantageScore, the scale ranges from 300 to 850 and lenders typically consider anything above 720 excellent credit.

What’s the maximum credit score you can get?

If the maximum score is 750, you’re pretty much a credit genius. If the max is over 1,000, you’re sporting a C average—not really all that impressive. So what is the highest credit score possible, and how do you achieve it?

Is the perfect credit score out of reach?

Perfect credit scores can seem to be inexplicably out of reach. Out of 200 million consumers with credit scores, the average FICO score is 704. And FICO says that as of April 2019, just 1.6% of Americans with credit scores had perfect FICO scores. How’s your credit? Check My Equifax® and TransUnion® Scores Now

What’s the average FICO score for good credit?

Here are FICO’s basic credit score ranges: 1 Exceptional Credit: 800 to 850 2 Very Good Credit: 740 to 799 3 Good Credit: 670 to 739 4 Fair Credit: 580 to 669 5 Poor Credit: Under 580 4

What happens if you have a FICO score of 500?

A person isn’t a high credit risk per se if they have a 500 FICO score. FICO just reports, based on its statistics, that people with a lower score have defaulted on loans more than those with a higher score. How Do I Get the Highest Credit Score?

What is the highest your credit score can go up to? Most credit scoring systems use a scale that ranges from 300 to 850. There are, however, some credit scoring models that go up to 900 or 950, including industry-specific scores used by certain institutions. Working your way up to an 850 credit score might…