August 21, 2015

NO ONE HAS IT HARDER THAN THEIR FATHER DID:

Credit Scores Are Rising, and Becoming More Visible (ANN CARRNS, 8/20/15, NY Times)

Consumers appear to be better these days at managing their use of credit: Average scores have reached new highs and delinquent payments have dropped.

The national average FICO score is now 695 -- the highest it has been in at least a decade, according to the latest analysis from Fair Isaac Corporation, the score's creator. Nearly 20 percent of consumers now have scores above 800.

Posted by at August 21, 2015 7:09 PM
  

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