As of January 2022, the average credit score in the United States was around 711. Credit scores can vary, and different credit bureaus may provide slightly different figures. The most commonly used credit scoring models in the U.S. are FICO (Fair Isaac Corporation) scores and VantageScore.
It’s important to note that credit scores are on a scale, and the interpretation of what is considered a good or bad score can vary. Generally, credit scores are categorized as follows:
- 300 to 579: Poor
- 580 to 669: Fair
- 670 to 739: Good
- 740 to 799: Very Good
- 800 to 850: Excellent
Credit scores are influenced by various factors, including payment history, credit utilization, length of credit history, types of credit used, and recent credit applications.
For the most up-to-date information on the average U.S. credit score, it’s recommended to refer to recent reports from credit bureaus or financial institutions, as credit score trends can change over time. Keep in mind that the specific average can vary depending on the source and the scoring model used.
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