Renters are on the whole managing to improve their credit ratings, even as many struggle to cope with the financial consequences of the coronavirus pandemic. A new analysis by RENTCafe of more than 5 million lease applications in the U.S. shows that landlords are approving new tenants with higher credit scores than in previous years.
U.S. credit scores reach record high in 2019
March 5, 2020 by
Credit scores in the U.S. are improving, especially among millennials, according to a new analysis by the credit rating agency Experian. The analysis shows that the average FICO score in the U.S. hit a record high of 703 in 2019, while the share of Americans with a score of over 700 hit 59%, the highest
