“The insight here is that the consumer does not feel crisis. This is a ‘Main Street’ (and) ‘Wall Street dynamic that we saw through the end of March.”

VantageScore President and CEO Silvio Tavares joined Bloomberg Businessweek anchors Carol Massar and Tim Stenovec to discuss his reading of U.S. consumer credit health based on VantageScore’s March 2025 CreditGauge data.

Tavares reports: “Main Street consumers feel credit healthy. They actually have a higher credit score in March 2025. We saw consumer payments – late payments and credit delinquencies – across every credit product improve compared to February 2025.

Tavares points out that while consumer sentiment may be decreasing, consumers feel cautiously confident. They are paying down their credit balances and keeping down their credit utilization, showing that they are working hard to keep up on payments.

See more of VantageScore’s latest CreditGauge insights and analyses here: https://www.vantagescore.com/insights/creditgauge.