StashLearn
Financial education, no lectures.

Follow and listen to our podcast

Get the app
Teach MeMoney NewsMoney TalkStash
Teach Me

These States Have The Best (And Worst) Credit Scores

June 28, 2018

Where does your state rank?

1 min read

Maybe it’s something in the water? Americans living in northern states—particularly in New England and in the Midwest—tend to have higher average credit scores than their peers, according to data from credit-reporting company Experian.

Experian’s annual State of Credit survey crunched the numbers to rank the states in terms of average credit scores, with some interesting results. Specifically, there’s a clear geographic rift seemingly splitting the country in two:

*Data from Experian

Top three (best average credit scores)

0
Minnesota
0
Vermont
0
New Hampshire

Bottom three (worst average credit scores)

0
Mississippi
0
Louisiana
0
Georgia

More data

In addition to ranking the states, the Experian survey also revealed other data–and it’s mostly positive.

More than half of the states, for example, have a “good” average credit score, and even the states that are lagging behind fall into the “fair” range.

Other nuggets:

You can catch up!

Improving your credit score is probably easier than you’d think. But it’ll require organization and a disciplined approach. If you have no credit or bad credit, here’s how to start improving your score:

By Sam Becker
Sam Becker is Stash's financial writer.

Next for you
6 Responsible Money Moves You Can Make in Less Than 1 Day

Investment Profile

Slow & Steady

Learn more about volatility with one of the most popular investments on Stash.

Learn more
Explore more articlesChoose a topic to learn more about
budgeting love and money pop culture money lessons Retirement
Disclaimers

This material has been distributed for informational and educational purposes only, represents an assessment of the market environment as of the date of publication, is subject to change without notice, and is not intended as investment, legal, accounting, or tax advice or opinion. Stash assumes no obligation to provide notifications of changes in any factors that could affect the information provided. This information should not be relied upon by the reader as research or investment advice regarding any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

Furthermore, the information presented does not take into consideration commissions, tax implications, or other transactional costs, which may significantly affect the economic consequences of a given strategy or investment decision. This information is not intended as a recommendation to invest in any particular asset class or strategy or as a promise of future performance. There is no guarantee that any investment strategy will work under all market conditions or is suitable for all investors. Each investor should evaluate their ability to invest long term, especially during periods of downturn in the market. Investors should not substitute these materials for professional services, and should seek advice from an independent advisor before acting on any information presented. Before investing, please carefully consider your willingness to take on risk and your financial ability to afford investment losses when deciding how much individual security exposure to have in your investment portfolio.

Past performance does not guarantee future results. There is a potential for loss as well as gain in investing. Stash does not represent in any manner that the circumstances described herein will result in any particular outcome. While the data and analysis Stash uses from third party sources is believed to be reliable, Stash does not guarantee the accuracy of such information. Nothing in this article should be considered as a solicitation or offer, or recommendation, to buy or sell any particular security or investment product or to engage in any investment strategy. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. Stash does not provide personalized financial planning to investors, such as estate, tax, or retirement planning. Investment advisory services are only provided to investors who become Stash Clients pursuant to a written Advisory Agreement. For more information please visit www.stashinvest.com/disclosures.