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2004 study found that African American and Hispanic consumers constituted over 60% of the consumers having the worst credit scores. [36] 2004 study found the median credit score for whites in 2001 was 738, but the median credit score for African Americans was 676 and for Hispanics was 670. [37]
This is a list of U.S. states by credit rating, showing credit ratings for sovereign bonds as reported by the three major credit rating agencies: Standard & Poor's, Fitch and Moody's. The list is given as of May 2021.
The classic FICO credit score (named FICO credit score) is between 300 and 850, and 59% of people had between 700 and 850, 45% had between 740 and 850, and 1.2% of Americans held the highest FICO score (850) in 2019. [15] [16] [17] According to FICO, the median FICO credit score in 2006 was 723 [18] and 721 in 2015. [19]
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To find which places have the best and worst scores, WalletHub used data from major credit-reporting bureau TransUnion to compare the "scores of residents in 2,572 U.S. cities." The top 5 US ...
‘A notable milestone’: The average US credit score falls for the first time in a decade as ‘financial strain’ takes a toll on consumers. Here are 4 ways to ease the pain
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