Get in touch
Frequently asked questions
What is a good credit score?
For a score with a range between 300 and 850, a credit score of 700 or above is generally considered good. A score of 800 or above on the same range is considered to be excellent. Most consumers have credit scores that fall between 600 and 750. In 2023, the average FICO® Score in the U.S. reached 715.
Is a 900 credit score possible?
While achieving a 900 credit score is technically possible with the CIBIL model, it's highly uncommon. A score above 760 is considered very good or exceptional and offers significant benefits like lower interest rates and improved loan approval odds.May 29, 2024
Does anyone have an 850 credit score?
And when it comes to credit, 850 is the highest the FICO Score scale goes. For more and more U.S. consumers, practice is making perfect. According to recent Experian data, 1.54% of consumers have a "perfect" FICO Score of 850. That's up from 1.31% two years earlier.Jun 11, 2024
What does your credit score mean?
A credit score is a three-digit number designed to represent the likelihood you will pay your bills on time. There are many different types of credit scores and scoring models. Higher credit scores generally result in more favorable credit terms.
How to get an 800 credit score?
Making on-time payments to creditors, keeping your credit utilization low, having a long credit history, maintaining a good mix of credit types, and occasionally applying for new credit lines are the factors that can get you into the 800 credit score club.
Is it OK to tell your credit score?
Checking your credit score on your own, which is a soft credit check or inquiry, doesn't hurt your credit score. But when a creditor or lender runs a credit check, that's often a hard credit check, which could affect your credit score.