The national credit score improved by three points over the last year, with the 10 cities with the highest credit scores in the nation increasing their scores by an average of 1.8 points. But HousingWire as staffer Brena Swanson notes, sorry folks, living in the city does not guarantee that your credit score will improve.
Swanson's analysis of the Experian State of Credit report reflects healing across the board when it comes to lenders, borrowers, and investors who bank on it all. There's more of it, and for generally good reasons, as borrowers are becoming more reliable payers-back when it comes to their loans. Swanson writes:
Experian generated a list of the top 10 highest average credit scores by city, along with the bottom 10 lowest average credit scores by city.The list was compiled by looking at more than 100 metropolitan statistical areas (MSAs) across the country.