Source: FICO Blog https://www.fico.com/blogs/average-us-fico-score-stays-steady-716-missed-payments-and-consumer-debt-rises Missed payments reported in the credit file are up slightly. As of April 2022, just over 15% of the population has had a 30+ day past due missed payment in the past year. This is up by a little over 1% compared to April 2021. As of April 2022, the average credit card utilization was 31% . This is up from 30% as of April 2021, but still down from 33% as of April 2020. More consumers are obtaining new credit at near pre-pandemic levels. As of April 2022, 47.6% of the population has opened at least one new account in the past year. Some 20% of the FICO scorable population experienced a score decrease of at least 20 points between April 2021 and April 2022.
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Average U.S. FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises

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2 years ago
Tue Aug 30, 2022 4:49 pm
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Cassie
DeveloperLoves long talks on the beach
Cassie has been gardening for over 2 years.
Level54 Last INQFriday, February 14, 2020 Gardening For4 years, 6 months, 24 days, 20 hours, and 30 minutes Next Level in6 days, 3 hours, and 30 minutes on September 14th INQ 1yr onSunday, February 14, 2021 INQ 1yr reached3 years, 6 months, 24 days, 20 hours, and 30 minutes ago INQ 2yr onMonday, February 14, 2022 INQ 2yr reached2 years, 6 months, 24 days, 20 hours, and 30 minutes ago
Source: FICO Blog https://www.fico.com/blogs/average-us-f ... debt-rises
  • Missed payments reported in the credit file are up slightly. As of April 2022, just over 15% of the population has had a 30+ day past due missed payment in the past year. This is up by a little over 1% compared to April 2021.
  • As of April 2022, the average credit card utilization was 31%. This is up from 30% as of April 2021, but still down from 33% as of April 2020.
  • More consumers are obtaining new credit at near pre-pandemic levels. As of April 2022, 47.6% of the population has opened at least one new account in the past year.
  • Some 20% of the FICO scorable population experienced a score decrease of at least 20 points between April 2021 and April 2022.
Cassie
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  • Score data EQ8:790 TU8:790 EX8:795
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