Who Has a 627 Credit Score?

While age isn't a direct factor in credit scoring, average credit scores show a clear upward trend as people get older. Based on 2023 Experian data, the breakdown by age group is as follows:

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

Credit Cards With a 627 Credit Score

A credit score of 627 places you in the "fair" credit range, which can be a mixed bag when applying for new credit cards. While you'll likely find lenders willing to approve your application, your options may be limited to cards designed for building or rebuilding credit. Consequently, you might face higher interest rates and lower credit limits than applicants with stronger credit profiles.

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Kudos' AI-powered Explore Tool can help you find a card by personalizing recommendations based on your financial priorities, like finding a low interest rate or maximizing rewards. The platform also provides insights into how a new card might impact your credit, helping you choose an option that aligns with your financial situation.

Auto Loans and a 627 Credit Score

A 627 credit score places you in the non-prime borrower category, so while you can likely get approved for an auto loan, it will not be with the most competitive terms. Lenders view this score as carrying a moderate level of risk, which translates directly into higher interest rates according to 2025 market analysis.

• 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 627 Credit Score

With a 627 credit score, you can qualify for several types of home loans. According to mortgage eligibility guidelines, this score meets the typical minimums for conventional loans (620+), FHA loans (580+), and VA loans (620+). You may also be eligible for a USDA loan. However, you are unlikely to qualify for a jumbo loan, which usually requires a score of 700 or higher.

While you can get approved, your score will affect your loan terms. You should expect to pay a higher interest rate than borrowers with better credit. For a conventional loan, you will also face higher private mortgage insurance (PMI) premiums if your down payment is less than 20%. Lenders may also apply stricter underwriting to your application, reviewing your overall financial profile more closely.

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 627 Credit Score

No matter your starting point, improving your credit score is always within reach. With consistent effort and proven methods, you can build a healthier credit profile and improve your financial standing.

• Monitor your credit reports. Regularly checking your reports allows you to find and dispute inaccuracies that could be unfairly dragging down your score. For a 627 score, removing even one error can provide a significant boost.
• Establish automatic bill payments. Your payment history is the most important factor in your score, so setting up automatic payments ensures you never miss a due date. This builds a positive track record that is essential for moving out of the fair credit range.
• Reduce your credit utilization ratio. High balances on credit cards can signal risk to lenders, so aim to keep your total usage below 30% of your available credit. Paying down balances is one of the quickest ways to see a meaningful improvement in your score.
• Become an authorized user. Being added to a credit card account with a long history of on-time payments and low utilization can add that positive data to your own credit file. This is a powerful strategy if your 627 score is due to a thin or short credit history.

To maximize rewards while you work on building your credit, consider using a tool like the Kudos browser extension for smarter spending.