Bankcard delinquency rates, for example, hit 11.7% this year, only 2% shy of the Great Recession peak. Meanwhile, credit card ...
With high interest rates and student loan deferments ending, more consumers are being targeted with credit repair scams.
The average FICO score fell to 715 in April, down one point since January and two points from a year earlier. For consumers, that decline is more than just a number—it reflects how a growing trend of ...
(WXIN/WTTV): Americans’ credit scores are declining. That’s according to a new report from FICO, which shows the average credit score in the U.S. currently stands at 715–a two-point dip from 2024. The ...
The report put the average American FICO credit score at 715, down from 717 in 2024. The average credit score hasn’t fallen 2 points since April 2009, in the midst of the Great Recession, when it ...
Big news for me this week… I checked my credit score and it's now sitting at 840! That means I'm just 10 points away from hitting the elusive perfect 850. Only about 1.5% of Americans ever see that ...
You have every right to feel discouraged if you’re trying to achieve or maintain a pristine credit score and feel like you’re constantly coming up short. Building credit can be a little like the ...
Clicking the "pay later" option at checkout could start impacting your credit score in the coming weeks. FICO scores are used in the majority of lending decisions in the U.S. and are formulated based ...
Compare auto lenders that work with low credit scores, and explore strategies to improve approval odds and reduce rates Hannah Alberstadt is a Buy Side staff editor specializing in loans. She is ...
What’s the difference between a credit score and a credit report, and how does each affect my finances? If there’s one thing you know about your credit, it’s that it has to be good. That may sound ...