3 ways millenials can improve low credit scores

3 ways millenials can improve low credit scores
News from The Denver Channel:

Fire Weather Warning issued August 21 at 5:52AM MDT expiring August 21 at 8:00PM MDT in effect for: Moffat, Rio Blanco, Routt

Fire Weather Warning issued August 21 at 5:52AM MDT expiring August 21 at 8:00PM MDT in effect for: Delta, Eagle, Garfield, Gunnison, Hinsdale, Mesa, Montrose, Ouray, Pitkin, San Miguel

Fire Weather Warning issued August 21 at 2:57AM MDT expiring August 21 at 9:00PM MDT in effect for: Boulder, Grand, Jackson, Larimer, Summit

Fire Weather Watch issued August 20 at 10:22PM MDT expiring August 21 at 8:00PM MDT in effect for: Delta, Eagle, Garfield, Gunnison, Hinsdale, Mesa, Montrose, Ouray, Pitkin, San Miguel

Fire Weather Watch issued August 20 at 10:22PM MDT expiring August 21 at 8:00PM MDT in effect for: Moffat, Rio Blanco, Routt

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3 ways millennials can improve low credit scores
News from Ventura County Star:

Have you heard? Millennials have the worst credit scores of any generation. The data point plays well with one of Americans’ favorite pastimes: discussing the dismal state of the nation’s youngest consumers.

The average 19- to 34-year-old has a credit score of 625, but it’s 650 for Gen X (35-49), 709 for baby boomers and the Greatest Generation (together, those generations include everyone older than 50). The national average is 667. The data comes from credit bureau Experian and uses the VantageScore 3.0 credit score range, which goes from 300 to 850.

Yes, millennials have the lowest average credit score of American adults, but that statistic is neither surprising nor helpful. Building a good credit score takes time, and having poor credit as a young person doesn’t mean you’ll always have poor credit. It’s like a bad haircut: You have to deal with it for a while, figure out how to make it work while it’s in the awkward stages, but eventually, by staying patient and resisting making decisions that can make a bad situation worse, it’ll grow out. (That works both ways: Having a great credit score now doesn’t mean you always will, just like someone with a great hairstyle can easily be set back with a poorly timed buzz cut.) 

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