Approximately 23.5% to 24% of Americans have a FICO® score between 750 and 799, placing them in the "very good" category as of early 2024. When including scores of 800 or higher (which are considered "exceptional"), nearly half of all U.S. consumers have a credit score of 750 or above.
While older models of credit scores used to go as high as 900, you can no longer achieve a 900 credit score. The highest score you can receive today is 850.
Very few people have a perfect 850 credit score, with recent data from late 2024 and 2025 indicating it's around 1.7% to 1.8% of U.S. consumers, making it an extremely rare achievement that requires flawless credit management over many years, though scores above 740 (Very Good/Exceptional) unlock similar benefits and are held by a much larger portion of the population (around 20-23%).
A 750 credit score generally falls into the “very good” range, which shows lenders that you're a dependable borrower. People who have credit scores within this range tend to qualify for loans and secure the best mortgage rates. A 750 credit score could help you: Qualify for a mortgage.
Pay your bills on time
Prioritize and schedule your monthly payments, making sure to pay at least the minimum payment on time every month on all your accounts. Try to pay more than what's due whenever possible. This helps to pay down debt faster, save on interest expense and may improve your credit score.
States Where Perfect Credit Scores Are More Common
In two regions of the U.S.—the Northeast and West—more than 2% of consumers have an 850 FICO® Score. Only in the Southern U.S. does a smaller share of consumers have perfect scores than the national average of 1.76%.
It is rare to have an 850 credit score, but not impossible, and may be useful when applying for credit opportunities. Achieving and maintaining an 850 credit score can be difficult as it takes time, diligence and commitment to manage your credit effectively.
Yes, you can likely get a $50,000 loan with a 700 credit score, as this falls into the "good" credit range (670-739) that unlocks better rates, but approval also hinges on your income, debt-to-income (DTI) ratio (ideally below 36%), and overall credit history, with lenders looking for stability and repayment ability, so prequalifying with multiple lenders helps compare terms.
Answer and Explanation: The Credit Information Bureau India Limited scores of Mukesh Ambani are slightly above 618, while for Vijay Mallya are 300. The CIBIL low credit score for Mr. Mallya could be mainly because he was a corporate loan guarantor who has been a non-performing asset for a long time.
Late and missed payments matter a lot.
More than one-third of your score (35%) is influenced by the presence (or absence) of late or missed payments. If late or missed payments are part of your credit history, you'll help your credit score significantly if you get into the routine of paying your bills promptly.
If you want to increase your score, there are some things you can do, including:
The 15/3 credit card payment method is a strategy to improve your credit score by making two payments monthly: one around 15 days before the statement closing date and another about 3 days before the due date, aiming to lower your reported balance and credit utilization ratio before the issuer reports to bureaus. While paying down balances helps, experts note there's nothing magical about the 15 and 3-day marks, suggesting focusing on your statement's credit reporting date for better results.
Many scoring systems look at the amount of debt you have compared to your credit limits. If the amount you owe is close to your credit limit, it will probably hurt your score. How long have you had credit? A short credit history may hurt your score, but paying bills on time and having low balances can offset that.
Building Credit History: If you use your credit card responsibly, paying bills on time can help build and improve your credit score. This can be beneficial if you're looking to apply for a mortgage, car loan, or even a better credit card down the line.
The golden rule of credit cards is to pay your statement balance in full every single month. This practice is crucial for maintaining a good credit score and avoiding costly interest charges.
Equifax: scores range from 0-1,000. Anything below 438 is considered poor. TransUnion: scores range from 0-710. Scores under 566 are generally considered poor or very poor.