Who Has a 464 Credit Score?

Credit scores generally improve with age as people have more time to build a positive financial history. According to 2023 data on the average credit score by age, the breakdown by generation is as follows:

• 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 464 Credit Score

A credit score of 464 falls into the "very poor" range, which can significantly hinder your ability to obtain a credit card. Most lenders view this score as a high risk, meaning you'll likely face rejections for traditional, unsecured credit cards. Your options will probably be limited to secured credit cards that require a cash deposit or certain unsecured cards designed for bad credit, which often come with high fees and interest rates.

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Kudos offers AI-powered tools that analyze your financial preferences and spending habits to find suitable credit card options for your situation. These tools provide personalized recommendations from a database of nearly 3,000 cards and offer insights into how each choice might affect your credit, empowering you to make a more informed decision.

Auto Loans and a 464 Credit Score

A 464 credit score places you in the deep subprime credit tier, which can make securing an auto loan challenging. While approval is still possible, you should expect to face significantly higher interest rates than borrowers with stronger credit profiles.

Based on 2025 market analysis, here are the average interest rates for new and used cars by credit score:

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

Mortgages at a 464 Credit Score

With a 464 credit score, your mortgage options are extremely limited. Most lenders require a minimum score of 620 for conventional, VA, or USDA loans. Your most realistic, though still challenging, path is an FHA loan. According to mortgage requirements, the FHA program may accept scores as low as 500, but you will face much stricter conditions than borrowers with higher credit.

A low score directly impacts your loan terms. To qualify for an FHA loan with a score under 580, you must provide a minimum down payment of 10%, a significant increase from the standard 3.5%. You can also expect to be offered a much higher interest rate, which will increase your monthly payments and the total cost of your home over the life of the loan.

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's primarily based on a handful of key financial habits. The most common factors include:

• Your payment history tracks whether you have paid past credit accounts on time.
• Credit utilization is the percentage of your available credit that you are currently using.
• The length of your credit history considers the age of your oldest account and the average age of all your accounts.
• Having a healthy mix of credit types, such as credit cards and installment loans, can positively impact your score.
• Recent credit inquiries and newly opened accounts can temporarily lower your score.

How to Improve Your 464 Credit Score

Improving your credit score is an achievable goal that, with consistent effort, can lead to meaningful changes in just a few months. Whether you're aiming to boost your FICO® score or VantageScore, several proven methods can help improve your creditworthiness.

• Apply for a secured credit card. A secured card is designed for individuals with damaged or limited credit and can be a great first step toward rebuilding. By making regular, on-time payments, you establish a positive payment history that gets reported to the major credit bureaus.
• Establish automatic bill payments. Your payment history is the most significant factor influencing your credit score, so avoiding late payments is critical. Setting up automatic payments for your bills ensures you never miss a due date, helping you build a track record of reliability.
• Become an authorized user. You can be added to a family member's or friend's credit card account that has a long history of on-time payments and low utilization. This allows their positive credit habits to be reflected on your credit report, which can help build your own credit file.
• Consider a credit-builder loan. Offered by many credit unions and online lenders, these loans are specifically designed to help you build credit. Your payments are reported to the credit bureaus, which helps diversify your credit mix and establish a positive payment history.

To help manage your credit cards and monitor your score, consider using a tool like the Kudos browser extension on your credit improvement journey.