The Top 3 Qualities of People with Perfect Credit Scores

The data analyst firm Experian researched the qualities of those with perfect credit scores.

If you’re trying to build your credit score, you may want to take note.  The data analyst firm Experian researched the qualities of those with perfect credit scores of 850 all have in common.  They found 70% are over the age of 57, and just 4% are under 40.  Also, they have more credit cards, but lower balances.  Your credit won’t skyrocket just because you get more cards. but it does help as long as you don’t use them.  The average American has four credit cards, compared to six for people with perfect credit.   Finally, they still have debt, but in personal loans. the average interest rate for a personal loan is around 10%, or about half the rate for credit cards.  People with perfect scores actually owe almost twice the national average in personal loans. but they have much lower balances on credit cards, and car loans too.