The Average Credit Scores By State Show A Staggering 62-Point Gap - News Summed Up

The Average Credit Scores By State Show A Staggering 62-Point Gap


Get StartedVantageScore and FICO Credit Score RangesWhile both VantageScore and FICO share the same overall credit score range—300 to 850—the tier classifications differ. Here’s a breakdown of its range and classifications:Average Credit Score By StateThe average credit score varies across America. For instance, in July 2021, there was a gap of 62 points between the lowest and highest average credit score by state: Mississippi had the lowest average credit score at 662 while Minnesota had the highest average score at 724. Consumer VantageScore InsightsHow to Improve Your Credit ScoreIt’s important to keep in mind that the average credit score in your state has zero impact on your credit score. 3. Review Your Credit ReportsYour credit score is based on information listed in your credit reports.


Source: Forbes September 30, 2021 16:38 UTC



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