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What is a good FICO score for a 19 year old?

What is a good FICO score for a 19 year old?

So, given the fact that the average credit score for people in their 20s is 630 and a “good” credit score is typically around 700, it’s safe to say a good credit score in your 20s is in the high 600s or low 700s.

Is 744 a good credit score for a college student?

A 744 credit score is a good credit score. The good-credit range includes scores of 700 to 749, while an excellent credit score is 750 to 850, and people with scores this high are in a good position to qualify for the best possible mortgages, auto loans and credit cards, among other things.

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Is 693 a good credit score for an 18 year old?

A 693 FICO® Score is Good, but by raising your score into the Very Good range, you could qualify for lower interest rates and better borrowing terms.

What is a good FICO score for my age?

The average credit score in the U.S. is 680 based on the VantageScore model and 703 based on the FICO score model. That means the average American has a fair-to-good credit score….Average Credit Score by Age.

Age Group Average Credit Score
30 – 39 673
40 – 49 684
50 – 59 706
60 and above 749

Is a 750 credit score good for a 19 year old?

Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 750 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders’ better interest rates and product offers.

What is a good FICO score for a college student?

700 or above
Credit scores using the FICO® scoring model typically have a range of 300 to 850. For students—or anyone—a score of 700 or above is generally considered a good score.

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Is 774 a good FICO score?

Your score falls within the range of scores, from 740 to 799, that is considered Very Good. A 774 FICO® Score is above the average credit score. Consumers in this range may qualify for better interest rates from lenders.

Is a 700 credit score good for a 19 year old?

If those scores are legit they’re certainly good scores.. Over 700 at age 19 is fantastic.

What is the credit score of an 18 year old?

631
Fortunately, there are some simple tips that you can use to make sure that you get off on the right track. The average credit score for 18-year-olds is 631.

What’s the average credit score for a 22 year old?

Consumers in Their 20s

Credit Scores Among Consumers in Their 20s
Age Average FICO® Score
22 664
23 662
24 660

What does a 744 FICO® score mean?

A 744 FICO ® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders’ better interest rates and product offers. 25\% of all consumers have FICO ® Scores in the Very Good range.

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How can i Improve my 744 credit score?

Improving your 744 Credit Score. A FICO ® Score of 744 is well above the average credit score of 704, but there’s still some room for improvement. Among consumers with FICO ® credit scores of 744, the average utilization rate is 31.8\%. The best way to determine how to improve your credit score is to check your FICO ® Score.

What is the average utilization rate for a 744 credit score?

A FICO ® Score of 744 is well above the average credit score of 704, but there’s still some room for improvement. Among consumers with FICO ® credit scores of 744, the average utilization rate is 31.8\%. The best way to determine how to improve your credit score is to check your FICO ® Score.

What is a good FICO® credit score range?

FICO® score ranges vary — they can range from 300 to 850 or 250 to 900, depending on the scoring model — but higher scores can indicate that you may be less risky to lenders.