10 States With Highest Lowest Credit Scores

Dated: 01/30/2018

Views: 26

10 States With Highest, Lowest Credit Scores

DAILY REAL ESTATE NEWS | MONDAY, JANUARY 29, 2018

The average credit score in the U.S. was 675 last year—the highest since 2012, according to Experian’s State of Credit: 2017 survey. More Americans fall on the higher end of the credit score spectrum, with 22 percent having “super-high” credit scores between 781 to 850 and 21 percent having “deep subprime” or very low credit scores below 600. Minnesota has the highest credit scores in the country, averaging 709.

Mortgage debt was up sharply in 2017, rising to an average $201,811 per borrower from $196,014 in 2016, which Experian says is a reflection of the quick run-up in home prices. Millennials’ mortgage debt increased 6.8 percent, from $185,668 to $198,302, in just one year, the report shows.

According to Experian, the top 10 states with the highest average credit scores are:

  1. Minnesota: 709

  2. Vermont: 702

  3. New Hampshire: 701

  4. South Dakota: 700

  5. Massachusetts: 699

  6. North Dakota: 697

  7. Wisconsin: 696

  8. Iowa: 695

  9. Nebraska: 695

  10. Hawaii: 693

On the other hand, the states with the lowest average credit scores are:

  1. Mississippi: 647

  2. Louisiana: 650

  3. Georgia: 654

  4. Alabama: 654

  5. Nevada: 655

  6. Texas: 656

  7. Oklahoma: 656

  8. South Carolina: 657

  9. Arkansas: 657

  10. West Virginia: 658

Source: “State of Credit: 2017,” Experian (Jan. 11, 2018)

Want to Advertise on this Site?

Latest Blog Posts

Guess What

Open House This Saturday from 12-4pm! Stop by 12756 Sierra Creek Drive Riverside CA 92503 and tour this beautiful home!View the

Read More

May 16 2018 21170 1

Down Payment Assistance Programs:8 Down Payment Assistance Programs To Finance Your First Home.There are 8 unique down payment assistance programs to finance your first home. Despite having decent

Read More

12756 Sierra Creek Drive

JUST LISTED12756 SIERRA CREEK DRIVE RIVERSIDE CA 925035 BEDROOMS| 4.5 BATHROOMS| 4314 SQFT| RV PARKING| OPEN HOUSE THIS SATURDAY 5/12 11-3PMView the

Read More

4 Reasons Why Todays Housing Market Is NOT 2006 All Over Again

4 Reasons Why Today’s Housing Market is NOT 2006 All Over AgainWith home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so

Read More