What Is Considered an Average Credit Score?

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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about our Editorial Guidelines and How We Make Money.
What is the Average Credit Score?
What are the Average Scores By Age?
Generation Z (born 1996-2015): 674 Millennials (born 1981-1995): 680 Generation X (born 1965-1980): 699 Baby boomers (born 1946-1964): 736 The silent generation (born 1928-1945): 758
What is Considered a Decent Credit Score?
800-850: Exceptional 740-799: Very good 670-739: Good 580-669: Fair 300-579: Very poor
What is a Credit Score?
Payment history Outstanding credit balances Length of credit history Applications for new credit accounts Mix of credit accounts (credit card, auto loan, et cetera)
How to Improve Your Credit Score
The Takeaway
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About the Author
Jacqueline DeMarco is a personal finance writer and editor based in Southern California. While she spends the bulk of her time writing about complex financial issues, she also tackles a variety of subjects ranging from food to fashion to travel. Her work can be found across dozens of publications such as Credit Karma, LendingTree, Northwestern Mutual, The Everygirl, and Apartment Therapy.
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