Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Coronavirus fueled the economy. Then the credit results went up.

Coronavirus fueled the economy. Then the credit results went up.



Millions of Americans lost their jobs and skipped debt payments this year. You would not know it when looking at consumer credit results.

As the coronavirus pummeled the U.S. economy, Americans’ credit scores – a measure used in almost every consumer loan decision – rose. The average FICO credit score was 711 in July, up from 708 in April and 706 a year earlier, according to Fair Isaac Corp., the party’s creator. Early estimates suggest that the average score has remained stable through mid-October at the July level, which …


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