Average U.S. FICO Score Drops to 715
1. U.S. FICO Score averages decline to 715, impacting consumer credit assessments. 2. Drop attributed to resumed federal student loan delinquency reporting.
1. U.S. FICO Score averages decline to 715, impacting consumer credit assessments. 2. Drop attributed to resumed federal student loan delinquency reporting.
A declining average FICO Score suggests increased credit risk, potentially affecting FICO's perceived value. Historically, similar declines have led to reduced market confidence in credit measurement firms.
The article addresses significant metrics (average FICO Score) critical to FICO's business operations and market perception.
The immediate impact is linked to current credit reporting changes, which could stabilize in the near future.