Most people in the US have no idea what the average credit score in this country is. It’s not their fault. The problem is that the education system doesn’t teach our children about credit and that’s why I have this credit repair tips blog. It’s so important to learn about what some guy who died 200 years ago did, but no big deal to teach our kids about stuff that will really matter in life. So, that being said, do you know the average score? Do you know if you’re average when it comes to the average score?
Average Credit Score in the Country, or Average Among Your Friends?
Much of the time, when we consider what the credit scores of the majority of Americans is, we really only look at a very small group of people: our friends. Since many of our friends’ economic situations are pretty comparable to our own, it makes sense that we occasionally have delusions as to what the real average scores in the country are.
Here’s an example: you’re struggling financially. It’s hard to make your bill payments, so much of the time, you don’t even try. You know this is wrong, but it costs a lot to live. So, you keep going the way you go with the knowledge that many of your friends are in the same situation. In a way, this is how we justify our inadequacies to ourselves. This is how we are able to sleep at night and no