Equifax states only 1% have credit score over 800

Contrary to information from its credit score company, Equifax claims that the portion of the population who have a credit score over 800 is one percent (1%).

However, a distribution chart from FICO, the credit score company, indicates that 13% have 800 or more.


 

In a video interview, Steve Elypresident, North American Personal Solutions of Equifax, Inc. states: “I think less than one percent of the population has more than 800. So, you’re in an elite crowd if you have higher than an 800.”

The statement is accompanied by a graphic which states, “Less than 1% have 800 or higher.”