704! That’s the new, record-high average FICO credit score among millions of Americans, and it’s positive news for home buyers, sellers, lenders and the economy overall. What it signifies, according to Ethan Dornhelm, FICO’s vice president of scores and analytics, is that 10 years out from the housing bust and the global financial crisis, Americans are “making more judicious use of credit.” They’re using less than the maximum amount of credit available to them, paying […]
source https://therealdeal.com/2018/09/28/americans-credit-scores-hit-record-high/
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