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Started By
Message
Experian: Millennials have horrible credit
Posted on 5/1/19 at 5:37 pm
Posted on 5/1/19 at 5:37 pm
quote:
Millennials have an average credit card balance of $5,231, up 7% year over year from $4,869 in 2017.
quote:
Compared with the national average of 701, millennials had an average FICO Score of 665 in the fourth quarter of 2018, according to Experian data
Experian
45
Posted on 5/1/19 at 5:37 pm to cable
quote:
Compared with the national average of 701
I’m calling bullshite on 701 being the national average. There’s a ton of people with awful credit.
Posted on 5/1/19 at 5:38 pm to cable
Balance doesn't mean shite if you have a huge line of credit and are paying a good portion of it off each month.
Posted on 5/1/19 at 5:39 pm to The Pirate King
not my concern.
Posted on 5/1/19 at 5:40 pm to The Pirate King
quote:
I’m calling bullshite on 701 being the national average. There’s a ton of people with awful credit.
I would expect it to be like 630
Posted on 5/1/19 at 5:40 pm to cable
800+ check in in boyssssss
Posted on 5/1/19 at 5:41 pm to cable
Millennials, unlike boomers, aren’t aware of the concept of saving money for a future purchase you want.
Posted on 5/1/19 at 5:42 pm to cable
So you're telling me that one of the youngest generations with a credit score has the lowest average credit score? Hot take!
Posted on 5/1/19 at 5:42 pm to cable
665 would be awesome
I’m in the 5’s
I’m in the 5’s
Posted on 5/1/19 at 5:43 pm to jimbeam
Last time i checked i was 830
Eta, just checked, 870
Eta, just checked, 870
This post was edited on 5/1/19 at 5:47 pm
Posted on 5/1/19 at 5:43 pm to cable
quote:
Millennials have horrible credit
I wasn’t expecting to see a 665 score
Posted on 5/1/19 at 5:43 pm to cable
K
Posted on 5/1/19 at 5:44 pm to HailHailtoMichigan!
(no message)
This post was edited on 10/22/20 at 7:40 pm
Posted on 5/1/19 at 5:44 pm to Mr Personality
Posted on 5/1/19 at 5:44 pm to cable
millennials also have avg income of 33k because boomers wrecked their opportunities. f off
Posted on 5/1/19 at 5:44 pm to cable
quote:
Experian: Millennials have horrible credit
Probably because they try to pay for everything with credit. I mean we are talking about the generation that doesn't like cash or checks.
Posted on 5/1/19 at 5:45 pm to Seldom Seen
quote:
checks
god damn idiotic boomers still writing checks in 2019. fuk it all dudes. these ppl are so dumb fr
Posted on 5/1/19 at 5:46 pm to cable
This is my shocked face.
Posted on 5/1/19 at 5:48 pm to Mr Perfect
quote:
millennials also have avg income of 33k because boomers wrecked their opportunities.
Lol, millennials have plenty of opportunities. More than boomers.
Posted on 5/1/19 at 5:49 pm to Mr Perfect
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