The Average American's Credit Score Is 700. Here's How You Can Do Better.

The Average American's Credit Score Is 700. Here's How You Can Do Better.

If there's one thing Americans are good at, it's racking up debt. So it's pretty encouraging to learn that the average credit score in the country has reached an all-time high of 700. But while 700 is certainly a respectable credit score, it still leaves room for improvement.

Here's a breakdown of how credit scores are typically viewed by lenders, along with the percentage of Americans who fall into each category:

Credit Score

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Source: Fool.com