364 Credit score: What You Need to Know in 2025

Who Has a 364 Credit Score?

While age isn't a direct factor in credit scoring, there is a clear trend of scores increasing over a person's lifetime. Here's a look at the average credit scores by generation based on 2023 data from Experian:

• 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 364 Credit Score

A credit score of 364 is considered very poor, placing you in the highest-risk category for lenders. Consequently, obtaining a traditional unsecured credit card will be extremely challenging, as most issuers will likely deny your application. Your options will primarily be limited to secured credit cards that require a cash deposit or specific cards designed for rebuilding credit, which often come with high fees and interest rates.

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Kudos can help you find the right card by using its Explore Tool to match your preferences—like low interest rates—with options from its database of nearly 3,000 cards. Additionally, its Dream Wallet feature analyzes your spending and provides insights on how applying for a new card could impact your credit score, helping you make a more informed decision.

Auto Loans and a 364 Credit Score

A 364 credit score places you in the deep subprime category, which can make securing an auto loan challenging. While approval is possible, you should anticipate facing some of the highest interest rates offered by lenders, with a 2025 analysis showing rates over 15% for new cars in this bracket.

• 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 364 Credit Score

With a 364 credit score, qualifying for a traditional mortgage is extremely unlikely. Even government-backed FHA loans, the most accessible option for low-credit borrowers, require a minimum score of 500 with a 10% down payment. According to mortgage requirements for 2025, very few borrowers with scores under 600 get approved for a home loan. Your only potential path might be a specialized subprime lender, but approval would likely require a substantial down payment and other significant compensating factors.

If you did manage to secure a loan, the terms would be costly. Lenders view a low score as high risk, resulting in much higher interest rates and fees. This could add tens of thousands of dollars to the total cost of your loan. You would also face a larger down payment requirement, and the lender would likely cap the amount you could borrow, severely limiting your options for purchasing a home.

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 364 Credit Score

While a 364 credit score is considered very poor, it is possible to improve it with consistent effort and the right strategies. Meaningful changes can often be seen within three to six months of positive financial behavior.

• Monitor your credit reports. You can get free reports from AnnualCreditReport.com to check for errors or signs of identity theft that could be dragging down your score. Disputing inaccuracies is one of the fastest ways to see a potential score increase.
• Set up automatic bill payments. Payment history is the single most important factor in your credit score, so ensuring every bill is paid on time is critical for rebuilding. Automating payments prevents missed due dates, which would further damage a very poor score.
• Lower your credit utilization. This ratio of how much you owe versus your total credit limit is a major component of your score. For a low score, focus on paying down balances to get below the recommended 30% threshold to show lenders you can manage debt responsibly.
• Become an authorized user. If you have a trusted friend or family member with a good credit history, ask to be added as an authorized user on their account. Their positive payment history and low credit utilization can be added to your report, helping to boost your score.

For personalized help managing your cards and maximizing rewards as you rebuild, let Kudos guide you.