Average FICO Credit Score Hits New High–Which is Good News for Borrowers and the Economy
Washington Post, Sept. 10, 2019-Michelle Singletary
Since reaching a bottom of 686 in October 2009 during the Great Recession, the national average FICO score has been steadily increasing. Key drivers of the improvement in scores have been the U.S. economic recovery, consumer credit educational efforts and an initiative by the credit bureaus that has led to certain accounts in collections being removed from people’s credit files.
