750 Credit Score: Is It Good or Bad? - NerdWallet (2024)

A 750 credit score is considered excellent and above the average score in America. Your credit score helps lenders decide if you qualify for products like credit cards and loans, and your interest rate.

You are one of the 48% of Americans who had a score of 750 or above as of April 2023, according to credit scoring company FICO.

Here’s how your 750 credit score can affect your financial life.

Get score change notifications

See your free score anytime, get notified when it changes, and build it with personalized insights.

750 Credit Score: Is It Good or Bad? - NerdWallet (1)

You can get the best rates on loans and credit cards

When your score is 750, you can rest easy that you will qualify for most financial products and get among the very best rates on them. A 750 credit score is considered excellent on commonly used FICO and VantageScore scales, which range from 300 to 850.

The exception is if you are new to credit because a high score isn't always enough. The length of your credit history and how much debt you carry relative to your income also matter.

Read more about the factors that influence your score to understand how to snag the best rates and terms.

How to safeguard your 750 credit score

You already practice good credit habits, but there are ways to safeguard your score and possibly take it higher:

  • Consider setting up automatic payments. A single late payment can knock as much as 100 points off your credit score. If you haven’t set up automatic payments, consider doing so to avoid the risk of missing a payment.

  • Keep an eye on your credit utilization. The lower your credit card balances are compared with your credit limits, the better it is for your score.

  • Look for errors on your credit reports. There may be mistakes on your report that prevent your score from going higher. Check your reports at all three major credit bureaus and dispute any errors you find.

Get more financial clarity with NerdWallet

Monitor your credit, track your spending and see all of your finances together in a single place.

750 Credit Score: Is It Good or Bad? - NerdWallet (2)

750 Credit Score: Is It Good or Bad? - NerdWallet (2024)


750 Credit Score: Is It Good or Bad? - NerdWallet? ›

Visit your My NerdWallet Settings page to see all the writers you're following. A 750 credit score is considered excellent and above the average score in America.

Is a credit score of 750 OK? ›

A 750 credit score is Very Good, but it can be even better. If you can elevate your score into the Exceptional range (800-850), you could become eligible for the very best lending terms, including the lowest interest rates and fees, and the most enticing credit-card rewards programs.

What will 750 credit score get you? ›

A 750 credit score generally falls into the "very good" range, which shows lenders that you're a very dependable borrower. People with 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.

What kind of home loan can I get with a 750 credit score? ›

With a 750 credit score, you're in the running for pretty much every kind of home loan. FHA loans, VA loans and USDA loans all have much lower minimum credit score requirements, and conventional loans have a minimum credit score requirement of 620.

Does a 750 vs 800 credit score matter? ›

If you have a 750 to 760 FICO, you qualify for the best terms on every type of credit, whether mortgage, auto loans/leases, personal loans, and so on. Having an 800 won't really make a difference.

Is a 900 credit score possible? ›

Highlights: 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. Anything above 800 is considered an excellent credit score.

What is the average credit score in the United States? ›

The average FICO credit score in the US is 717, according to the latest FICO data. The average VantageScore is 701 as of January 2024. Credit scores, which are like a grade for your borrowing history, fall in the range of 300 to 850.

How long does it take to get from 650 to 750 credit score? ›

Generally, it takes around 4-12 months to reach the point where you can apply for a loan. It will take a few months to get to 750 if your score is currently somewhere between 650 and 700.

What is the average credit score for a 40 year old? ›

Average credit score for people in their 40s

For those in the 40 to 49 age group, the average credit score is about 684.

What is a good credit score to buy a house? ›

It's recommended you have a credit score of 620 or higher when you apply for a conventional loan. If your score is below 620, lenders either won't be able to approve your loan or may be required to offer you a higher interest rate, which can result in higher monthly mortgage payments.

How much can I afford for a house if I make 60000 a year? ›

One rule of thumb when buying a home is to not spend more than three times your annual salary. If you earn $60K a year, that means you can afford to spend around $180,000 on a house, maybe a bit more if you have little or no other debts.

Can you pull out a $5000 loan with a 750 credit score? ›

Grace Enfield, Content Writer. You need a credit score of 580 or higher to qualify for a $5,000 personal loan in most cases. Other common requirements for a $5,000 loan include being at least 18 years old, having enough income to afford the monthly payments, and owning a valid bank account.

How to get an 800 credit score? ›

Making on-time payments to creditors, keeping your credit utilization low, having a long credit history, maintaining a good mix of credit types, and occasionally applying for new credit lines are the factors that can get you into the 800 credit score club.

Does an 800 credit score matter? ›

Your 800 FICO® Score falls in the range of scores, from 800 to 850, that is categorized as Exceptional. Your FICO® Score is well above the average credit score, and you are likely to receive easy approvals when applying for new credit. 21% of all consumers have FICO® Scores in the Exceptional range.

Is 600 a good credit score? ›

So what scores qualify as a poor, fair, good or excellent score vary. When it comes to FICO credit scores, the company says a score of 600 is considered a fair credit score. According to a report from Experian®, the average FICO credit score in America was 714 in 2022. So 600 falls below that national average.

How rare is an 820 credit score? ›

Your score falls in the range of scores, from 800 to 850, that is considered Exceptional. Your FICO® Score and is well above the average credit score. Consumers with scores in this range may expect easy approvals when applying for new credit. 21% of all consumers have FICO® Scores in the Exceptional range.

Top Articles
Latest Posts
Article information

Author: Virgilio Hermann JD

Last Updated:

Views: 6187

Rating: 4 / 5 (41 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Virgilio Hermann JD

Birthday: 1997-12-21

Address: 6946 Schoen Cove, Sipesshire, MO 55944

Phone: +3763365785260

Job: Accounting Engineer

Hobby: Web surfing, Rafting, Dowsing, Stand-up comedy, Ghost hunting, Swimming, Amateur radio

Introduction: My name is Virgilio Hermann JD, I am a fine, gifted, beautiful, encouraging, kind, talented, zealous person who loves writing and wants to share my knowledge and understanding with you.