Average credit score in the U.S. 2005-2024

Published by
Raynor de Best,
Nov 14, 2024

The average credit score of Americans - as measured by the FICO score - increased for the first time in about two years in early 2023. The average score in April 2024 stood at 715 The score as displayed ranges from 300 to 850 and is based on three different consumer reporting agencies (CRAs) in the United States, namely Equifax, TransUnion and Experian. The source adds that the score was especially impacted by slowing inflation, lower unemployment figures and changes to certain consumer credit data.

Average credit score in the United States from 2005 to 2024

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Release date

October 2024

Region

United States

Survey time period

2005 to 2024

Special properties

Average FICO Score 8; Figures are reported with about six months delay.

Supplementary notes

The source adds that credit scores typically break down as follows:

  • 720 or more: excellent
  • 660 - 719: average/fair
  • 620 - 659: poor
  • 620 or lower: bad.

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