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Scott Rasmussen's Number of the Day for September 27, 2018
The Number of the Day columns published on Ballotpedia reflect the views of the author.
September 27, 2018: The average FICO credit score has risen to a record high of 704. That’s up from a low of 686 following the Great Recession in 2009.[1]
This is consistent with other data showing that U.S. household wealth grew to an all-time high in the second quarter of this year—$106.9 trillion.[2]
Twenty-two percent (22%) of Americans now have scores of 800 or higher. That’s up from 18% in 2009.[1]
Not surprisingly, higher credit scores are found among older Americans. According to Bloomberg News, “The 18-to-29-year-old crowd has an average score of 659; Americans in their 30s come in at 677; those in their 40s are at 690; while 50-somethings reached 713. Americans in their 60s, meanwhile, are flying high with an average FICO score of 747.”
Despite the improvement, one out of every 12 Americans (8.2%) has a bank credit card that is more than 90 days past due. That’s up from 7.7% in April 2017.
Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology.
- September 26, 2018 – 2,000,000 Americans have severe heart failure
- September 25, 2018 – 4 states have already started voting for midterm elections
- September 24, 2018 – 3,000 cashierless stores planned by Amazon
- September 21, 2018 – 60 percent of U.S. adults underestimate size of personal tax cuts
- September 20, 2018 – 121,965,000 Americans on government health insurance
- To see other recent numbers, check out the archive.
Scott Rasmussen’s Number of the Day is published by Ballotpedia weekdays at 8:00 a.m. Eastern. Click here to check out the latest update.
The Number of the Day is broadcast on local stations across the country. An archive of these broadcasts can be found here.
Columns published on Ballotpedia reflect the views of the author.
Ballotpedia is the nonprofit, nonpartisan Encyclopedia of American Politics.
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