Who Has a 663 Credit Score?

While age isn't a direct factor in calculating your credit score, there is a clear trend of scores increasing over time. According to 2023 Experian data, here's how average FICO scores break down by generation:

• 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 663 Credit Score

A credit score of 663 places you in the "fair" credit range, which is a decent starting point for getting approved for a new credit card. While you'll likely qualify for a variety of cards, you may not have access to the premium options with the best rewards and lowest interest rates. Lenders may offer you less favorable terms, such as a higher annual percentage rate (APR) or a lower credit limit, until you've demonstrated a longer history of responsible credit use.

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Kudos can help you navigate the crowded credit card market with its AI-powered tools that provide personalized recommendations based on your unique spending habits and financial goals. The platform allows you to compare nearly 3,000 cards and provides insights into how applying for a new card could impact your credit, ensuring you make an informed decision.

Auto Loans and a 663 Credit Score

A 663 credit score places you in the "prime" borrower category, making you a strong candidate for auto loan approval. While you can expect to receive competitive interest rates, they will not be as low as those offered to applicants in the top credit tier.

According to Q2 2025 automotive finance data, here are the average interest rates broken down by credit score:

• 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 663 Credit Score

A 663 credit score is strong enough to qualify you for several mainstream mortgage products. Based on credit score requirements, you’ll likely meet the minimums for conventional, FHA, VA, and USDA loans. This gives you multiple paths to homeownership, though jumbo loans for larger amounts typically require a score of 700 or more, placing them just out of reach.

While you are eligible, your 663 score will influence your loan terms. Lenders reserve their most competitive interest rates for borrowers with excellent credit, usually 740 and above. Your score will likely result in a higher interest rate and potentially more expensive private mortgage insurance (PMI) than what top-tier applicants receive.

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 history of making payments on time is the most significant factor.
• How much of your available credit you're currently using, known as your credit utilization ratio, plays a major role.
• The age of your credit accounts, including the average age and the age of your oldest account, is also considered.
• Lenders like to see that you can responsibly manage different types of credit, such as credit cards and loans.
• Opening several new credit accounts in a short period can be seen as a risk and may temporarily lower your score.

How to Improve Your 663 Credit Score

No matter your starting point, it is always possible to improve your credit score with consistent, positive financial behaviors. A 663 credit score is a solid foundation to build upon, and taking the right steps can lead to meaningful improvements over time.

• Monitor your credit reports. A score of 663 could be held down by inaccuracies, and regularly checking your reports allows you to spot and dispute errors for a potential boost. This also helps you track your progress as you work toward a higher score.
• Set up automatic bill payments. Since payment history is the most important factor in your score, ensuring you never miss a payment is critical for improvement. Automating payments helps you build a positive history, which is essential for moving beyond the fair credit range.
• Lower your credit utilization ratio. High balances often contribute to a 663 score, so aim to keep your credit utilization below 30% of your total available credit. Paying down balances shows lenders you can manage debt responsibly and can provide a significant boost to your score.
• Become an authorized user. If you have a trusted friend or family member with a strong credit history, being added to their account can help improve your score. Their positive payment history and low utilization will be added to your report, which is especially helpful if your own credit history is short.

For more expert guidance and tools to help you on your journey, consider using a smart wallet like Kudos to maximize your rewards while building credit.