FICO credit scores are now at their highest levels ever … here’s why

September 24, 2018

Americans’ credit scores are higher than ever.

The average FICO score, a widely used credit rating named for the Fair Isaac Corporation, is now 704.

It hit that number in April 2018, according to a report from FICO released Monday, an increase of four points since the average score hit 700 for the first time in April 2017.

Americans’ FICO scores dipped to their lowest average in October 2009, when they were just 686 on average.

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