123 S. Sampson St.
Tremont, IL 61568

Creative Financial Centre of Tremont

309-925-2043

 

How Does Your Credit Score Compare?

Fast Fact: FICO Scores. The three main U.S. credit bureaus — Equifax, Experian, and TransUnion — maintain their own FICO scores. Each of the three has collected different information on you, which explains why you may have three different FICO scores.

Your credit score is simply a statistical estimation of how likely you are to pay your debts and, by extension, how much credit you should have. Everyone is different ? everyone has a different history, different experiences. But have you ever wondered how you compare to the rest of the country? To the rest of your region? To the rest of your state?

The map below shows the average credit score for each region of the country.

US map with chart

A State-By-State View

Arizona and Nevada, two states that were hard hit with mortgage issues in the past few years, have some of the lowest average credit scores in the country. North Dakota, South Dakota and Minnesota have some of the highest average credit scores.

US map with chart

Chart Source: Experian, October, 2010

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by Faulkner Media Group to provide information on a topic that may be of interest. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2011 Faulkner Media Group.

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