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42 States Improved Their Average FICO® Scores Last Year — Did Yours?

Did your average score go up?

Is your state on the list, or did the typical score stay an equivalent where you live?

Across the country, many Americans have improved their highest credit scores. In fact, consistent with data from Experian, the typical 42 states improved their average FICO® scores last year. this is often great news — it means people across the country will have broader access to credit cards and loans at cheaper rates.

Of course, while 42 states saw a mean score increase, meaning that there are some that did not see a bump.

State Increase State Increase State Increase
Alaska +3 to 707 Maryland +3 to 704 North Dakota +1 to 727
Arizona +2 to 696 Massachusetts +2 to 723 Ohio +1 to 705
California +2 to 708 Michigan +1 to 706 Oregon +2 to 718
Colorado +2 to 718 Minnesota +1 to 733 Pennsylvania +2 to 713
Connecticut +1 to 717 Mississippi +1 to 667 Rhode Island +3 to 713
Delaware +1 to 701 Missouri + 1 to 701 South Carolina +1 to 681
District of Columbia +3 to 703 Montana +2 to 720 Tennessee +1 to 690
Georgia +2 to 682 Nebraska +1 to 723 Utah +2 to 716
Hawaii +2 to 723 Nevada +2 to 686 Vermont +1 to 726
Idaho +1 to 711 New Hampshire +2 to 724 Virgina +1 to 709
Indiana +1 to 699 New Jersey +1 to 714 Washington +2 to 723
Kentucky +1 to 692 New Mexico +1 to 686 West Virginia +1 to 687
Louisiana +2 to 677 New York +2 to 712 Wisconsin +7 to 725
Maine +3 to 715 North Carolina +1 to 694 Wyoming +1 to 712

Data source: Experian.

Which category does your state fall under?

Credit scores improved altogether these states last year
The table below shows the 42 states that improved their average credit score between 2018 and 2019, along side the score increase that every state experienced.

Scores are on a scale of 300 to 850, with scores within the 670-to-739 range considered good; scores within the 740-to-799 range considered very good; and scores within the 800-to-850 range considered exceptional.

While the bulk of states experienced a little increase of 1 , two, or three points, Wisconsin saw a way bigger jump — a whopping seven-point score increase. the great news is that within the nine states where no score increase occurred, average scores didn’t go down — they simply stayed an equivalent .

It’s also excellent news that 34 states have average many 700 or higher, a score that creates it possible to urge loans at competitive rates from a spread of lenders. On the opposite hand, an equivalent number of states had average scores during this home in 2018 as in 2019, so there was no increase within the number of locales with average scores at this level.

Did your average score go up?

While it’s nice to measure during a state where your fellow residents made smart choices to enhance their credit scores, this would possibly not does one much good if your own score didn’t rise.

Fortunately, it isn’t hard to require steps to extend your score — albeit it can take time. you’ve got to form sure you do not reach your credit cards or apply for an excessive amount of credit at just one occasion , while paying all of your bills on schedule and maintaining a various mixture of credit accounts.

If you behave responsibly, open new credit once during a while, and keep your standing accounts open, you ought to see your score improve — and you will do your part to assist your state raise its average.

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