US Average FICO Score Remains Stable After First Drop in a Decade

The average FICO score of Americans has shown remarkable resilience, holding steady at 714, according to the latest data released. This stability comes on the heels of the first decline in scores in ten years, which was reported earlier in the year. FICO scores are crucial as they significantly influence the borrowing power of individuals, affecting everything from home mortgages to credit card applications.

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