As of February 2025, the average U.S. credit score was 715, according to FICO, the data analytics company whose credit scoring models are used in approximately 90% of lending decisions.
This figure is slightly lower than 716 in January 2025 and 717 in April 2024. The highest recorded average was 718 in April 2023.
FICO attributes the recent decline in credit scores primarily to an increase in delinquent student loan payments.
The federal pause on student loan payments and interest ended in October 2023. The Biden administration implemented a one-year grace period—lasting until September 30, 2024—during which missed or late payments were not reported to credit bureaus.
Because federal student loan delinquencies are not typically reported until they are at least 90 days past due, those late payments have only recently begun appearing on credit reports.
FICO also cited other contributing factors, including high interest rates, a rise in 90-day delinquencies across other loan types, and greater dependence on credit cards. In February 2025, Americans used an average of 36.1% of their available credit, compared to 21.3% in 2024 and 20.5% in 2023.
Although 715 remains within the “good” credit range, it is slightly below the peak average of 718 reached in April 2023.