# Average Credit Score by Age: How It Affects Your Wallet (2026)
Author: Samder Khangarot
Author URL: https://blog.boncredit.ai/author/samder-khangarot
Published: 2026-03-20
Meta Title: Average Credit Score by Age (2026): What It Means
Meta Description: Explore the average credit score by age. Learn how it affects you financially and how BON Credit can help you improve it for free.
Tags: Personal Finance, Credit Score
Tag URLs: Personal Finance (https://blog.boncredit.ai/tag/personal-finance), Credit Score (https://blog.boncredit.ai/tag/credit-score)
URL: https://blog.boncredit.ai/average-credit-score-by-age-2026

# Average Credit Score by Age: How It Affects Your Wallet (2026)

The average credit score by age varies significantly, impacting your financial opportunities. According to Experian, the average score is 675 for those aged 18-24, and it rises to 758 for those 60 and older. Understanding these scores can help you make informed financial decisions.

## Why This Matters

Your credit score isn't just a number; it can cost or save you thousands. A score above 750 might lower your interest rates, potentially saving you over $3,000 on a $200,000 mortgage over 30 years. Conversely, a lower score can cost you more in interest and fees.

## The Full Explanation

### How Average Credit Scores Change by Age

Credit scores typically improve with age and financial experience. Here's a quick breakdown:

- **18-24:** Average score is 675. Many are just starting to build credit.
- **25-34:** Average score is 686. Credit history expands, but debt levels might rise.
- **35-44:** Average score is 698. Financial responsibilities like mortgages are common.
- **45-54:** Average score is 720. More financial stability typically leads to better scores.
- **55-64:** Average score is 738. Experience and paid-off debts help boost scores.
- **65+:** Average score is 758. Established credit history often results in higher scores.

These figures highlight the importance of building and maintaining a good credit history as you age. [Learn how to build credit](/how-to-build-credit-complete-guide)

## Steps to Improve Your Credit Score

1. **Check your credit report:** Look for errors that could be lowering your score.
2. **Pay bills on time:** Late payments can drop your score significantly.
3. **Reduce your credit utilization:** Keep it below 30% of your total available credit.
4. **Limit new credit inquiries:** Too many can temporarily lower your score.
5. **Use BON Credit:** It tracks your score and offers personalized tips to boost it.

Stop leaving money on the table. **BON Credit finds it for you — at zero cost.** [Get started free →](https://boncredit.onelink.me/ELT2/qw37nhma)

## Common Mistakes or Myths

Many people think closing old credit cards will improve their score — it won't. Closing cards can actually increase your credit utilization ratio, hurting your score. Another myth is that checking your score will lower it. Checking your own score is a soft inquiry and doesn't affect it.

## FAQs

### Does age directly affect my credit score?

No, age itself doesn't affect your score. It’s about the length and management of your credit history.

### Why is my credit lower than average?

Factors like high credit utilization, late payments, or errors on your report could be the cause.

### How often should I check my credit score?

Check it at least once a year, but quarterly is better. BON Credit makes this easy.

## Key Takeaways

- Credit scores improve with age and financial experience.
- A high score can save you thousands in interest.
- Use BON Credit to monitor and improve your score effortlessly.
- Avoid common mistakes like closing old accounts unnecessarily.

Don't miss out on financial benefits. **Use BON Credit to track your credit score for free and get personalized advice.** [Start now →](https://boncredit.onelink.me/ELT2/qw37nhma)


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