What percentage of the population has a credit score over 819?
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What percentage of the population has a credit score over 819?
An 819 credit score is often considered very good — or even excellent.
| Percentage of generation with 750–850 credit scores | |
|---|---|
| Generation | Percentage |
| Gen Z | 21.1\% |
| Millennial | 17.1\% |
| Gen X | 16.9\% |
Can CIBIL score be more than 900?
A CIBIL score is a 3-digit credit number that is generated by TransUnion CIBIL (credit bureau) on the basis of past credit information of an individual. It ranges between 300 and 900. Knowledge about your CIBIL score will help you understand it better, which in future will help you improve and maintain it.
Is 683 a good CIBIL score?
A FICO® Score of 683 falls within a span of scores, from 670 to 739, that are categorized as Good. 21\% of U.S. consumers’ FICO® Scores are in the Good range. Approximately 9\% of consumers with Good FICO® Scores are likely to become seriously delinquent in the future.
Is 810 a good cibil score?
A credit score ranging from 750 to 900 is considered an excellent credit score. Most lenders look for a credit score of 750 or above to approve of a loan. Anything above 750 makes you an attractive, low-risk customer and banks are eager to lend to people with such a good credit profile.
What is a good CIBIL score for a personal loan?
A high credit score gives you the advantage to negotiate on the rate of interest and the loan amount. Good CIBIL score (Between 700 and 749): A CIBIL score under this range is referred to as a “Good” score. Borrowers with a CIBIL score in this range have a reasonably good chance of getting their loan application approved by the lender.
Is an 815 CIBIL score good for an unsecured loan?
Yes, a CIBIL score of 815 is considered as a good credit score. While approving a loan to any applicant, lenders take into consideration a certain factors. A credit score is the reflection of credit records of your entire financial transactions. This is the most important factor in case of an unsecured loan.
What happens if you have a low CIBIL score?
A low CIBIL score not only minimises your chances of getting a loan and credit card, but also increases the rate of interest for the loan. On the other hand, a good credit score helps you get a loan application processed quickly.
Is 819 a good or bad credit score?
If you have a credit score of 819, it means you have been a really responsible and punctual borrower, who is also smart with credit choices. Given this score, it is highly unlikely that any of your loan/credit card applications will be denied.