Figures from Experian show that people in their mid- to late 20s are the highest risksSurveys have highlighted a worrying lack of money skills among young people, but when it comes to their credit scores, it seems teenagers are doing something right. New data from Experian shared exclusively with Guardian Money suggests that, on average, 18- and 19-year-olds have better credit scores than people in their 20s, 30s and 40s. Meanwhile, the typical age range at which your credit score is at its lowest ebb is 26 to 30.The figures from Experian, one of the UK´s biggest credit reference agencies, show that on average, your credit score starts off quite high, when you are something of a financial blank canvas, then goes down a bit, and then goes down some more, before starting its upward ascent at about age 31. It then keeps climbing, reaching its high point at age 55-plus. Continue reading...
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