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The average FICO Score fell in April, weighed by delinquent student loan borrower. More borrowers are expected to follow suit ...
The national average U.S. FICO score, used as a benchmark for assessing consumer credit risk, slipped as federal student loan ...
More than 8 million borrowers have seen their credit scores drop because of student loan delinquencies, dragging down the ...
When credit scores drop, it is an indicator that a sizable number of consumers are having trouble with their finances,” one expert says.
Global analytics software leader FICO (NYSE: FICO), today announced that the national average U.S. FICO® Score stands at 715.
The resumption of federal student loan delinquency reporting on consumers' credit was a significant contributing factor.
For the first time in five years, federal student loan delinquencies were reflected on credit reports, pushing down the average U.S. FICO credit score in February.
Affirm is reporting consumers' buy now/pay later loans to Experian, following a February study with FICO. It's one of the ...