Your FICO score has long determined whether you could get a mortgage, car loan or credit card. That could change soon.
Forgetting to make a credit card payment can lower your score anyway. Why not close some of the ones you don't use?
Private mortgage insurance companies still require a minimum 600 or 620 middle credit score for borrowers putting less than 20% down.
As consumers turn to their credit cards to offset rising costs, credit scores are feeling the strain. Here's what to do if ...
In 2025, the average credit score for Gen Z borrowers fell to 676, well below the national average of 715, according to a FICO report.