The Average American’s Credit Score Is Good -- But Not Great
Living in an age of social media often means comparing ourselves to others. When friends post pictures of their new cars or shiny gadgets, we're eager to know how they came to afford those purchases. And while comparing ourselves to others isn't always productive, sometimes, it can help to know where you stand financially with regard to your peers.
Such is the case with credit scores.
Having good credit isn't just about bragging rights. Rather, it's about having more financial flexibility in life. When you have good credit, you can borrow more easily, and at the lowest rates -- and that opens to the door to long-term savings.
Source: Fool.com