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Day 10 of 30 Day Credit Tips – Credit Score Statistics

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Day 10 of 30 Day Credit Tips – Credit Score Statistics

2017 the US has a population of 326, 474,013 million people. (http://www.worldometers.info/world-population/us-population/)

The FICO score ranges from 300 – 850 with 850 being the perfect credit score. (https://www.valuepenguin.com/average-credit-score)

Did you know that less than 1% of the population can actually boast of having a perfect credit score?

The nationwide average credit score is 695.

In Day 2, I discussed the importance of checking your credit report and score at least twice per year.

Well 29% of the population checks their score twice per year while 21% of the population checks once per year. (https://www.creditdonkey.com/credit-score-statistics.html)

19% or roughly 45 million of the population are what we call “credit invisible”.

Credit invisible means this population has a limited credit usage or limited to no credit history which in turn means they have no credit score.

 

Did This Help You? If so, I would greatly appreciate it if you commented below and shared on Facebook.

Tania N. Johnson
Email: tanianjohnson@credit4success.com
Facebook – Facebook.com/credit4success

“I create financially stable leaders empowered to achieve their greatest financial potential!”

PS: There are 10 Credit Myths the Credit Agencies don’t want you to know so you can protect your assets. To get your copy of this free report click here.

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