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The average FICO credit score reached a new high this year. Here’s what is behind the trend — and what you can do to boost your own credit score. F01 PHOTO / Shutterstock.com
The average FICO credit score has risen for the first time in two years. The latest statistics from Fair Isaac Corp., or FICO, show that the national average FICO credit score reached 718 (out of 850 possible points) in April 2023. That’s 2 points higher than it was a year prior. The average score in 2022 — 716 — was unchanged from the average score in 2021. So, prior to now…
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