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Gen Z’s credit scores just suffered the biggest drop of any generation in years—student loans, rent and ‘doom spending’ are to blame
Yahoo Finance·2025-10-09 14:46

As Gen Z awaits its share of the $124 trillion Great Wealth Transfer from their baby boomer relatives, the generation’s financial footing is being put to the test. Typically, younger consumers see the fastest year-over-year gains in credit scores as they build their financial histories. But this year, the opposite happened: Gen Z just experienced the steepest annual drop of any age group since 2020, with their average FICO credit score slipping three points to 676. That’s 39 points lower than the national ...