How does your state credit score rate?

Posted by Joe on February 20th, 2008

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Experian's National Score Index ranks the average credit score of residents in each US state. The most recent index shows good news for Minnesota and bad news for Texas.

Texans had a national low average score of 666 while Minnesotans led the country with an average score of 721. Credit scores can range from a low of 330 to a high of 850. Typically, any score over 700 is looked on highly by lenders.

In other trends, Northern states in the Atlantic coast and Midwest had an average score in the low 700's well states in the South and Pacific coast had average scores in the high 600's. New England was the best overall region in the US with an average credit score of 711.

While it is interesting to see how your state or region stacks up, what is most important is your individual credit score which can be greatly impacted by your personal credit habits and inaccuracies in your credit report.

We recommend that all consumer review their credit report and score as frequently as possible using a credit report monitoring service. You can view a list of credit report monitoring services with in-depths reviews by visiting NextAdvisor.com.

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• Reader Question: Which credit report monitoring services provide ongoing credit report and score data?
• Can I get my credit score(s) without signing up for any other services?