Posts Tagged ‘average’

Average US Credit Score Drops

Wednesday, July 1st, 2009

The average US credit score dropped sharply in the six month period ending this past March 31, according to the credit tracking bureau TransUnion.

The average score fell six points to 651, USA Today reported.

Credit scores have a direct impact on the interest rate you will quailify for and in most cases a score below 720 you will take a hit to the rate.

For more information about credit and credit scores click here.