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If everyone in the world had a good credit score, do you think rates would go up, go down, or stay the same for a good credit score?
by searealist 3y ago
If everyone in the world had a good credit score, do you think rates would go up, go down, or stay the same for a good credit score?
- svnt 3y agoThe data are interesting but I’m not sure they support your point: The average score has risen for the last decade, but the scores also have a fairly strong negative correlation with generation/age. The demographics who will mostly benefit from this are Millennials and Gen Z. https://www.experian.com/blogs/ask-experian/what-is-the-average-credit-score-in-the-u-s/ https://www.experian.com/blogs/ask-experian/what-is-the-aver...