The Driving Force Behind Record FICO ® Score Increases

The Driving Force Behind Record FICO ® Score Increases

Millennials, many years 24 to 39 in 2020, now outnumber baby boomers and they are finally striking their credit stride. Their financial emergence is mirrored with a 25-point rise in typical FICO ® rating since 2012 (the earliest available Experian data)—the increase that is biggest of any generation. With a typical fico ® score of 668, millennials’ increasing credit programs window of opportunity for reaching the average into the « good » FICO ® rating range if development trends carry on. Continue reading