What does age have to do with credit scores? Plenty

The typical millennial has a "fair" credit score of just 634, according to a LendingTree study, which examined an anonymized sample of its 9 million users. From there, credit scores rise in steps. GenX ranks better than millennials, with an average 653 score, which is still "fair." Baby boomers do better than GenX, with a "good" 696 average score. Finally, the Silent Generation — those born from 1925 to 1945 — tops out with a "very good" 734 average score, according to the LendingTree research.