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Gen Z credit scores rose 17 points since 2019 — the biggest FICO gain of any age group. Nearly half of 18–29 borrowers now score 700+. Student loan delinquencies still cut scores by ~38 points on average.
Aug. 12 court filing: Equifax agreed to $100M over a March–April 2022 OMS coding error that skewed scores sent to lenders — not line items on consumer reports. ~4M class members; judge approval pending. Separate $2.2M duplicate-collections case: claim by Sept. 1, 2026.
Credit utilization is revolving balances divided by revolving limits on the report, not in the issuer app. FICO looks at the pile and at each card. The 30% line is a rule of thumb, not a scoring cliff.
Utilization is balances versus limits, reported when the issuer reports. Paying in full after the statement can still show a high number.