Is 813 A Good Credit Score? Evaluating Your Financial Fitness

Erin Gobler
November 17, 2023
Is 813 A Good Credit Score?
Is 813 A Good Credit Score?

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Key Points

  • An 813 credit score is one of the best credit scores you can get. It’s a near-perfect credit score on a scale from 300 to 850.
  • Factors that affect your credit score include your payment history, amounts owed, length of credit history, credit mix, and new credit.
  • An 813 credit score can open up many options for you when applying for credit — it can improve your chances of qualifying and help you land a better interest rate.
  • There are many ways to improve your credit score, including paying your bills on time, reducing your credit utilization, and ensuring you have a healthy credit mix.

Getting a good credit score is one of the most meaningful things you can do for your personal finances. 

Your credit score can come into play in so many areas of your life, including applying for credit, signing up for car insurance, applying for an apartment, or even applying for a job.

If you have an 813 credit score, you can celebrate because that’s among the highest scores you can get. 

And if you don’t have an 813 credit score yet, don’t worry — there are plenty of steps you can take to increase your credit score.

Is 813 A Good Credit Score?

The short answer is that, yes, 813 is a good credit score. In fact, it’s nearly perfect. 

Credit scores can range from 300 to 850, and with a credit score of 813, you’re considered one of the most creditworthy borrowers.

A credit score of 813 is also considerably higher than the national average. 

According to the credit bureau Experian, the average credit score in 2022 was 714. And for Millennials and Gen Z-ers, average scores fall in the high 600s.

Less than one-quarter of the population has a credit score between 800 and 850.

Build credit with every bill you pay.

What Are The Credit Score Ranges?

FICO scores, which are the most commonly used by lenders, fall into five categories on a scale ranging from 300 to 850. Those categories are:-

  • Poor: 300-579
  • Fair: 580-669
  • Good: 670-739
  • Very Good: 740-799
  • Exceptional: 800-850

As you can see from the list above, a credit score of 813 would be considered exceptional.

Best Websites To Check And Build Your Credit Score

5 Factors That Affect Your Credit Score

There are five key factors that affect your credit score. 

The scale is weighted, meaning certain factors are more important and would be more likely to directly affect a change in your score. 

The five factors that impact your credit score are:-

1. Payment history (35%): 

Your payment history is simply whether you pay your bills on time. 

Credit bureaus look at your payments on both open and closed debt accounts. 

A long history of on-time payments can improve your score, while even a single late or missed payment can harm your score.

2. Amounts owed (30%):

The next factor that impacts your credit score is how much you owe on your debt accounts. 

Credit bureaus look at this category from several different lenses, including the total amount you owe, the amount owed on different types of accounts, how many accounts have balances, and your credit utilization.

3. Length of credit history (15%): 

A long credit credit history can help boost your credit score. 

When determining your credit score, the formula considers factors such as the age of your oldest and newest credit accounts, the average age of your credit accounts, and how recently you’ve used each of your accounts.

4. Credit mix (10%): 

Your credit mix refers to the variety of different types of accounts on your credit report, including credit cards, installment loans, mortgages, and more. 

While you don’t necessarily need one of each, lenders and credit bureaus like to see a healthy mix of different types of credit.

5. New credit (10%): 

You usually must have credit accounts to improve your credit, but opening a new credit account can initially hurt your score. 

New credit is considered both new accounts you open and new applications for accounts, even if you don’t ultimately open them.

Lending Options With An 813 Credit Score

If you have an 813 credit score, you’re in luck — you’ll have no shortage of lending options available to you. 

There are a few ways your 813 credit score can help you.

First, an 813 credit score can improve your chances of qualifying for new credit. 

When you apply for a credit card, personal loan, mortgage, or any other type of credit, lenders will see your exceptional credit score and will be more likely to approve your application.

Next, an 813 credit score can increase the amount of credit you’re approved for. 

When you apply for a credit card, for example, your credit limit is partially based on your credit score. 

Someone with average credit might be approved for only a few thousand dollars. 

However, with a credit score of 813, you could be approved for tens of thousands of dollars.

Finally, an 813 credit score will help you qualify for the best interest rates. 

If you aren’t sure just how important this is, a good credit score can make the difference of hundreds of thousands of dollars of interest savings over your lifetime.

How To Get An 813 Credit Score?

An 813 credit score can open up many doors for you, especially if you’re planning to buy a home or finance another large purchase in the coming years. 

Here are some actionable steps you can take to boost your credit score and get it closer to 813:-

1. Dispute errors on your credit report: 

A 2021 study found that more than one-third of borrowers have errors on their credit reports. 

These errors can harm your credit score. 

Check your credit report for errors and then dispute them with credit bureaus.

2. Sign up for credit monitoring:

It’s important to know what’s going on with your credit report. 

Sign up for credit reporting — there are plenty of free options — so you know as soon as something new is added to your credit report.

3. Pay your bills on time: 

Perhaps the most impactful thing you can do to improve your credit score over time is to pay your bills and debt payments on time. 

The longer your history of on-time payments, the more your credit score will improve.

4. Pay off accounts in collections: 

Having past-due accounts or those in collections can seriously hurt your credit score. 

Though your missed payments will stay on your credit report, bringing those accounts up-to-date will improve your credit score.

5. Reduce your credit card balances: 

Lowering your credit card balances can improve your credit utilization, which is one of the most important factors that affect your credit score. 

Try to keep your balance on each card at or below 30% of your credit limit.

6. Increase your credit limits: 

The other way to improve your credit utilization, along with lowering your debt balances, is to increase your credit limits. 

You can call your credit card issuer or even request an increase directly in your online credit card account.

7. Add to your credit mix: 

If you only have one type of account on your credit report — or maybe even no accounts — consider improving your credit mix. 

For example, if you only have student loans, consider opening a credit card to help boost your score.

8. Limit new accounts:

It can be confusing that you need debt accounts to improve your credit, but opening new accounts can harm your credit. 

To avoid lowering your credit score, limit the number of new accounts you open each year.

9. Keep old accounts open: 

As we’ve mentioned, a longer credit history can help improve your credit score. 

If you have a credit card you aren’t using anymore, consider keeping it open to maintain your long credit history.

10. Become an authorized user:

If you’re just starting to build your credit history, becoming an authorized user is one of the most impactful things you can do. 

You’ll get credit for the account’s payment history, credit utilization, and credit length.


An 813 credit score is one of the best scores you can get and can make it easier to access credit when you need it. 

Even if your credit score is nowhere near 813, there are steps you can take to get closer. 

Using the tips we’ve shared in this article, even if they don’t get you to an 813 credit score right away, will help move the needle in the right direction.

And now, we want to know: what change to your finances has made the biggest impact on your credit score? 

Share your best tip that you think can help our other readers.


To have an 813 credit score means you have exceptional credit. It shows you’re responsible with money, pay your bills on time, and maintain responsible balances on your debt accounts. Though it’s not a perfect score, it’s close enough in the eyes of lenders and is high enough to land you all the best lending options and interest rates.

A credit score of 813 is quite rare. According to Experian data, only 21% of the population had a credit score between 800 and 850 in 2022.

How long it takes to improve your credit score depends on a variety of factors. Once you start making an effort to increase your score, you could see improvements within a month or two. 

However, to land a credit score as high as 813 could take considerably longer. For example, if you have negative marks on your credit report, you may have to wait years for them to fall off before you can achieve an exceptional credit score.

A perfect credit score is 850. However, you don’t necessarily need a perfect credit score to enjoy the benefits of one. Generally speaking, borrowers with very good or exceptional credit scores will have access to the best lending options and interest rates.


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