In July, the average credit score was 711, according to Business Insider.
This is compared to a reading of 708 in April, according to a report by The Wall Street Journal.
The report concluded that the increase in credit scores nationwide stemmed from two things: Financial assistance by the government and expanded unemployment benefits.
The average credit score for Americans rose slightly during the novel coronavirus pandemic.
This is even though times have gotten more stressful and difficult for many.
