Best and Worst States for Credit Scores

Where you live influences your income, your job opportunities and the kinds of industries you might work.  The state you live may also affect your credit score. Credit report has a great report on average state credit scores.  If your state is not listed click on the link to their site.

www.creditreport.com/info/credit-scores/average-credit-scores.asp

 

Best States for Credit Scores  (highest)

1.  South Dakota               710
2.  Minnesota                    707
3.  North Dakota               706
3.  Vermont                      706
5.  New Hampshire           703
5.  Massachusetts             703

Worst States for Credit Scores  (lowest)

51.  Texas                         651
50.  Nevada                      655
49.  Arizona                      659
48.  New Mexico               663
48.  Louisiana                   663

The national average is about 680.  Your score can cost you if it is low.  Watch your credit and pick your state wisely.  Lenders factor in the losses in a market when making loans.


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