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

1.0%
They appear on just 1.0% of the credit reports of people with FICO® Scores of 825. An Exceptional credit score can mean opportunities to refinance older loans at more attractive interest, and excellent odds of approval for premium credit cards, auto loans and mortgages.

How do you get an 830 credit score?

How to get an 830 credit score

Credit utilization rate. Your credit utilization rate is calculated by dividing the amount of credit you’re using by the amount of credit available to you.
Payment history. Your payment history is an important factor in your credit health.
Credit mix.
Age of your credit history.
New credit.

What is a average credit score?

The average credit score in the United States is 698, based on VantageScore® data from February 2021. It’s a myth that you only have one credit score. In fact, you have many credit scores. It’s a good idea to check your credit scores regularly.

Is 880 a good or bad credit score?

The higher the number, the better the credit score is. A 880 credit score is on top of the scale. 880 is not a good credit score. 880 is a great credit score. Someone with a credit score of 880 can probably shop for the best loans with the best interest rates and best loan terms.

What is a good FICO 8 score?

FICO 8 is the most commonly used FICO scoring model. A FICO credit score of 670 to 739 ranks as “good”. A FICO credit score of 740 to 799 is considered “very good” – and will likely qualify you for better-than-average rate offers from lenders.

Why did my FICO score drop?

Late payments, having only new accounts, many credit inquiries, and bankruptcy can all make it drop. One of the most common reasons people see their credit score go down is a late payment.

Do you really need a 850 credit score?

You don’t need a sky-high credit score to land solid rates on credit and loans. You can still qualify for excellent rates if your score tops 760. (Getty Images) It’s a myth that you have to have a perfect 850 credit score to get the best rates on loans and other financial products.