The average credit score in America is now 715 according to Experian in 2025. Back in 2019, the average credit score was 703. Hence, the average credit score has been inching up over time as household balance sheets strengthen and the excess of the past fade. During a global pandemic, the average American improved their […]
The Average Credit Score In America Is Now Excellent Read More »
The average credit score to qualify for a mortgage is roughly 760 in 2025, a 60 point rise since the financial crisis in 2008. As mortgage rates increase due to inflation and Fed rate hikes, it’s more important than ever to have a great credit score to get a lower mortgage interest rate. Thankfully, gone
The Average Credit Score To Qualify For A Mortgage Is Now Very High Read More »
Should you ask someone fo their credit score before getting serious? Such an awkward money question! However, being financially compatible is important for a long and harmonious relationship. A very good friend of mine will only marry a woman with at least a Master’s degree from a top 25 school. Given less than 10% of
Should I Ask Someone For Their Credit Score Before Getting Into A Serious Relationship? Read More »
Are you wondering will a late credit card payment hurt my credit score? The short answer is, it depends on your current credit score and late payment history. This post will share how much a late credit card payment can potentially hurt your credit score. I was so rushed to pack for Europe that I
Will A Late Credit Card Payment Hurt My Credit Score? Read More »
The best way to fix your credit score is to fight back online. When I found out Pacific Gas & Electric (PG&E) destroyed my credit by 100 points for an $8 non-payment by my tenants who moved, I was devastated! I was more than 80 days into my primary home mortgage refinance when my bank
The Best Way To Fix Your Credit Score: Fight Back Online! Read More »
This post will teach you how to improve your credit score to 800 and higher. You should always try to improve your credit score in order to get the lowest borrowing rates. A high credit score will also give you greater access to loans. I’ve been writing about personal finance on Financial Samurai since 2009
How To Improve Your Credit Score To 800 And Higher Read More »
If you are one of the millions of people considering foreclosure or a short sale, you need to read this post first and understand all the consequences before proceeding. A foreclosure will hurt your credit score. The question is: how much will a foreclosure hurt my credit score? How much a foreclosure will hurt your
How Much Will A Foreclosure Hurt My Credit Score? Read More »
Have you ever wondered will marrying someone with bad credit hurt my credit score? If so, great job thinking about your financial future together with someone new. The short answer is: No, in the short run. However, in the long run, your credit score may be hurt if you aren’t careful. Love is love. Ever
Will Marrying Someone With Bad Credit Hurt My Credit Score? Read More »
I believe the ideal number of credit cards is three or less as stated in my post, “How Many Credit Cards Is Too Many?” One of the main reasons for having three or less is so that you don’t spend too much time chasing after rewards points. Once in a while is fine, but there is
A Correlation Between The Number Of Credit Cards One Has And Net Worth Read More »
Looking to rent an apartment in a hot market? You need a credit report and a credit score to be considered by landlords. I’ve been a landlord since 2005 in San Francisco and I always ask for a credit score and a credit report. These two pieces of information are basic. The Competitive Rental Market
Yes, You Need A Credit Report AND A Credit Score To Rent An Apartment! Read More »
