20%
Only 20% of Americans have a credit score of 800 or higher. Even if you’re one of the people with the best credit score in the country, you might not reach 850.

Is 759 a good FICO score?

Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 759 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’s the base number for a FICO credit score?

The formula results in a three-digit number — ranging from 300 to 850 — that is known as a base FICO® credit score. There are three major consumer credit bureaus: Equifax, Experian and TransUnion. Consumers will probably see variations in their FICO® credit scores among bureaus.

What does it mean to have a FICO credit score of 850?

Your credit score calculation represents your credit risk at a moment in time, based on information found on your credit report. Both FICO and the latest VantageScore range from 300 to 850, although the way each parses its scores into different classifications vary.

What makes a FICO score more sensitive to credit utilization?

Here are some key things to note about FICO 8: 4  This scoring model is more sensitive to higher credit utilization (meaning the amount of your available credit that you’re using at any given time). Isolated late payments on your credit report may not count against you as much as having multiple late payments.

What do you need to know about FICO score 9?

The latest version of the FICO® credit-scoring model, FICO® Score 9, has three major changes that could affect your FICO® Score 9 credit scores. Medical debt, paid collections and rental history are all new considerations when consumers’ credit scores are calculated with FICO® Score 9.