Credit scores just plunged at fastest pace since Great Recession as Americans continue to struggle — how does your FICO compare to the new average?

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 ...

Americans' credit scores have been tumbling, but 1 generation faces the harshest financial reality — why it matters

The inaugural credit insights report from data analytics firm FICO, released Sept. 16, shows the national average FICO score ...
Fast Company

U.S. credit scores suffer largest 2-year drop since Great Recession

After more than a decade of steady improvement, the average American’s credit score fell for the second year in a row. Falling credit scores are just the latest sign that all is not well within the ...
New York Post

Gen Z’s credit scores dropped more than any other generation this year

Gen Z has seen its credit scores drop more than any other generation over the past year, largely because of student loan debt, according to a new report out this week. The total national average ...
KFVS12

FICO reports credit scores are dropping at a record rate; Gen Z most affected

CAPE GIRARDEAU, Mo. (KFVS) - Past due payments on car loans, credit cards, and personal loans are just a few reasons why FICO reports credit scores across the nation are seeing their fastest drop ...
KTVU FOX 2

Managing growing debt in this economy

A new report out finds more Americans are using credit as a lifeline. Zest AI, a lending technology company, surveyed 1000 ...
American Banker

Silver lining? Some fraud victims see credit scores rise: Fed

New Federal Reserve research reveals that identity theft victims who use extended fraud alerts often see significant and ...
Hosted on MSN

Minnesota woman finds $17K debt on her credit report from a company card. Dave Ramsey says it happens ‘all the time’ — and tells her to do this ASAP

It's one thing to see a debt you recognize on your credit report. It's another to find a debt you never took on — and shouldn’t be responsible for. That's what happened to Amy from Minnesota, who ...

Why would your child have a credit report? Because the scammers stole their identity.

"One of the reasons that children's identities are so appealing to the bad actors is because kids don't engage in the world the same way adults do," said Velasquez.
Bleeping Computer

TransUnion suffers data breach impacting over 4.4 million people

Update: Story updated with confirmation that this was another Salesforce data theft attack and the types of data stolen. Consumer credit reporting giant TransUnion warns it suffered a data breach ...
PC World

Credit bureaus keep getting hacked. Protect yourself with 4 steps

TransUnion, one of the major credit bureaus in the U.S., reported a hack at the tail end of August—personal details of 4.4 million individuals stolen. The cause of this breach? Salesforce, the same ...