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According to Experian data, Minnesota is the state with the highest average credit score at 742. Wisconsin follows closely behind with an average score of 738, followed by Vermont at 737.
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A recent Experian report found that the average credit score is 717; however, factors such as location or age can impact it.
Credit scores are often the first thing lenders look at when evaluating whether to approve an application for a mortgage, car loan, or credit card.
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Bankrate on MSN
What you need to know about your credit score
Your credit score is one of the most crucial indicators of your financial health. Having a higher score can help you achieve your financial goals, access lower interest rates when borrowing money and ...
Mortgage application volume is at a three-year high after interest rates dropped. If you’re looking to take advantage of ...
If you’re looking to become a homeowner, now is prime time. The average 30-year fixed mortgage rate fell to its lowest level ...
Splitero reports tips for improving your credit score: make on-time payments, keep utilization low, dispute errors, and limit ...
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