"Understanding and Maximizing Your Credit Score: Insights and Trends"

The average credit score in the US is 716, with the oldest generation, the silent generation (78+), having the highest average score of 761, while Gen Z (18-26) has an average score of 680. Factors such as credit history, payment history, amounts owed, recent credit activity, and credit mix contribute to credit scores. To improve credit scores, individuals should focus on making timely payments and keeping debt levels low. While a perfect score of 850 is not necessary, aiming for a mid-700s score can help secure favorable interest rates.