 TITLE: Millennials Record Highest Credit Score Increase in 2020 CONTENT: Gen X Sees Second-Highest Growth in FICO® Score\n-----------------------------------------------\nGeneration X—the age group with the highest amount of debt—followed millennials as the generation with the second-largest increase in their FICO® Score in 2020. These consumers—ages 40 to 55—have improved their average score by 10 points since Q3 2019, according to Experian data.\n**_From Q3 2019 to Q3 2020_**:\n*   Generation X's average total debt balance increased by 3%.\n*   Generation X's average FICO® Score grew by 10 points.\n**_From Q1 2020 to Q3 2020_**:\n*   Generation X's average total debt balance increased by 2%.\n*   Generation X's average FICO® Score grew by eight points.\nOther than FICO® Score growth, members of Generation X saw modest changes across other indicators. Compared with the changes they recorded between 2018 and 2019, the only standout area was in credit card debt. In line with the national trend, Gen X saw a 14% reduction in credit card debt since 2019. Of that, almost all of that change occurred between Q1 and Q3 2020, when their credit card balance shrank by 13%.\nSource: Experian END