Who Has a 695 Credit Score?

While age isn't a direct factor in credit score calculations, there's a clear trend of scores improving over time. Recent data shows that older generations consistently have higher average credit scores. Here is the average FICO score breakdown by generation for 2023:

• Generation Z (ages 18-26): 680
• Millennials (ages 27-42): 690
• Generation X (ages 43-58): 709
• Baby Boomers (ages 59-77): 745
• Silent Generation (ages 78+): 760

Credit Cards With a 695 Credit Score

A credit score of 695 is typically considered "good," placing you in a favorable position to qualify for a wide range of credit cards. While this score significantly increases your approval odds for many rewards and cash-back cards, you might find that the most exclusive, premium cards with top-tier benefits and the lowest interest rates remain just out of reach. Ultimately, having a 695 score means you have solid options, but you may not receive the most competitive terms available to those with excellent credit.

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Kudos uses AI-powered tools to sift through thousands of cards and find a match for your specific financial situation. The platform analyzes your spending habits and preferences to provide personalized recommendations, offering insights into how a new card could impact your credit.

Auto Loans and a 695 Credit Score

A 695 credit score places you in the 'prime' borrower category, giving you a strong chance of approval for an auto loan. While you won't qualify for the absolute lowest interest rates reserved for 'super-prime' borrowers, you can still secure competitive financing options.

Here’s a look at the average auto loan rates for new and used cars by credit score bracket, based on Q2 2025 data from Experian:

• Super-prime (781-850): 5.25% for new cars and 7.13% for used cars
• Prime (661-780): 6.87% for new cars and 9.36% for used cars
• Non-prime (601-660): 9.83% for new cars and 13.92% for used cars
• Subprime (501-600): 13.18% for new cars and 18.86% for used cars
• Deep subprime (300-500): 15.77% for new cars and 21.55% for used cars

Mortgages at a 695 Credit Score

A 695 credit score puts you in a strong position, qualifying you for most mainstream mortgages. This score is well above the typical minimums for conventional, FHA, VA, and USDA loans, giving you a wide range of choices. While some lenders may require a 700+ score for jumbo loans, a 695 opens the door to most home financing options.

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Your score directly impacts your loan's financial terms. You won't get the rock-bottom interest rates reserved for top-tier credit (740+), but your rate will be more favorable than for borrowers with scores in the low 600s. This also means more affordable Private Mortgage Insurance (PMI) on conventional loans and eligibility for low down payment programs.

What's in a Credit Score?

Figuring out what goes into your credit score can feel like trying to solve a complex puzzle, but it generally boils down to a handful of key elements. The most common factors include:

• Your payment history, which tracks whether you pay your bills on time, is the most significant factor.
• Credit utilization, or the amount of credit you're using compared to your total available credit, also plays a major role.
• The length of your credit history demonstrates your experience with managing credit over time.
• Having a healthy mix of different types of credit, such as credit cards and installment loans, can positively impact your score.
• Finally, recent credit inquiries, which occur when you apply for new credit, are also taken into account.

How to Improve Your 695 Credit Score

No matter your starting point, it is always possible to improve your credit score with time and consistent effort. A 695 score is considered 'good,' but taking a few key steps using proven methods can help you achieve greater financial flexibility.

• Reduce your credit utilization ratio. Lenders prefer to see this ratio below 30%, so paying down balances can provide a significant boost to a 695 score and demonstrate responsible credit management.
• Establish automatic bill payments. Since payment history is the largest factor in your score, ensuring every bill is paid on time is a fundamental way to prevent damaging late payments and steadily build a stronger profile.
• Monitor your credit reports regularly. An undiscovered error could be unfairly suppressing your 695 score, and successfully disputing inaccuracies can lead to a quick and meaningful improvement.
• Become an authorized user. This allows you to benefit from another person's positive payment history and low credit utilization, which can be especially helpful if your own credit history is limited.

Using a tool like Kudos can help you maximize your credit card rewards and find the best cards to continue building your credit.