Jan 16, 2025 · Here’s a look at the average credit score by age according to FICO and VantageScore. Learn where your score falls and get tips for building credit at any age.

Jan 21, 2025 · The average credit score for a 23-year-old is 681, which is considered a “good” credit score. Having a score in this range can help make getting loans, credit cards, apartment rentals, and maybe even certain jobs a little easier.

Jun 12, 2024 · Based on 2023 data from Experian™ and VantageScore ®, the average FICO ® credit score in America is 715, and the average VantageScore 4.0 ® stands at 701. These are two of the most widely used scoring models in the country, and both range between 300 – 850. That gives you a bar for comparison in terms of average credit score.

Oct 31, 2024 · The average FICO credit score for Americans rose to 717 in October 2023, representing the first decrease in 10 years. 1 FICO consider scores that fall between 670 and 739 to be “good” credit scores. 2 And anyone at any age, location, or income level can build a good — or even excellent — credit score. Yet not all age groups, states, or ...

Apr 27, 2024 · When you break down the average credit score by age, most Americans appear to have a good score as well. Here's the average credit score by generation as of March 2024, per VantageScore...

Nov 5, 2024 · According to an Experian Report, the average credit score (FICO® Score) in the U.S. was 715 as of 2023; the average VantageScore by July 2024 remained at 702 and is considered a good credit score. However, average scores …

It's important to know the average credit score by age to assess your financial standing. What Is the Average Credit Score by Age? As of September 2024, VantageScore data shows the average credit score for 18-year-olds is 712. Credit scores tend to improve with age for those between 52 and 91, peaking at 753 for 77-year-olds.

Nov 2, 2023 · In the U.S., the average credit score is 716, per Experian's latest data from the second quarter of 2023. And when you break down the average credit score by age, the typical American is...

Feb 21, 2025 · Below, you can learn more about the average credit scores by year, state, age and more. Reviewing these credit score statistics will give you a better sense of how good your credit score is relative to those of your peers. Credit-score averages can also tell us a lot about the health of consumers’ finances and the strength of the economy.

Feb 15, 2024 · Generation Z (18-24) has the lowest average credit score of 680, indicating that younger individuals are typically still building their credit histories. Millennials (25-40) show a slight improvement in their average credit score at 690, as they gain more experience managing credit and establishing a longer credit history.