Average Credit Score Trends

This chart shows the average credit score trends over the past 12 months. While the average credit score has deteriorated through the years, the median credit score has remained unchanged for many years in a row.

How to read this chart?
Clearly, the average credit score has declining over the past 12 months. In fact, the average credit score has been declining for a few years in a row, while the median credit score has remained unchanged at 723.

How is that possible? If you’re interested in what makes the median and the average credit score behave like this and why aren’t they the same, please read this and this.

What does this mean?
Simply put – the average credit score is not a good gauge for measuring your credit standing.