Average Credit Score Reaches New Record High During Pandemic

PITTSBURGH (KDKA) — While the economy plunged during the coronavirus pandemic, credit scores reached record highs.In July, the average FICO credit score reached a record-breaking 711 points.
“Whereas, a year earlier, they were about 706,” said Dorene Ciletti, a consumer analyst at Point Park University. “And even if you think about timeliness and how quickly this occurred, the average credit score in April was 708.”
The boost began right around the time when deposit