Experian finds new year marks healthiest credit picture for U.S. consumers since 2007; National average credit score weighing in at 675 signaling a prosperous year

COSTA MESA, Calif., Jan. 11, 2018

According to the latest Experian research shows that the nation's average credit score is up two points to 675 —from 673 last year— and is just four points away from the 2007 average of 679. The study also shows that originations are increasing across nearly all loan types with personal loans and automotive loans showing 11 percent and six percent increases year over year, respectively. Additionally, consumer confidence¹ is up 25 percent year over year and has increased more than 16 percent from the same point in time in 2007.

"The trend line that we are seeing is quite promising. With employment and consumer confidence on the rise, we've made great progress as a country since the recession," said Michele Raneri, vice president of analytics and new business development at Experian. "The economy is expected to expand at a healthy pace this year supported by access to affordable consumer credit and we believe that credit will continue to rebound. All of the factors point towards a good year for credit in 2018."

Credit Snapshot of the Nation
Average VantageScore2	675 ARIVA.DE Börsen-Geflüster Werbung Weiter aufwärts? Kurzfristig positionieren in Experian ME3A5A Ask: 1,07 Hebel: 4,58 mit moderatem Hebel Zum Produkt Morgan Stanley Den Basisprospekt sowie die Endgültigen Bedingungen und die Basisinformationsblätter erhalten Sie hier: ME3A5A,. Beachten Sie auch die weiteren Hinweise zu dieser Werbung. Der Emittent ist berechtigt, Wertpapiere mit open end-Laufzeit zu kündigen. Kurse Experian 37,60 € +0,53% Experian ADR 40,82 $ +1,74%
Average Number of Credit Cards	3.1
Average Balance on Credit Cards	$6,354
Average Number of Retail Cards	2.5
Average Balance on Retail Cards	$1,841
Average Mortgage Debt	$201, 811
Average Non-Mortgage Debt	$24,706

"Experian is committed to helping consumers understand the impact of their credit score. We want to help guide people when it comes to credit decisions-- from applying for a new cell phone to getting their first mortgage – and be there for each step big and small," said Rod Griffin, director of public education at Experian. "One of our goals is to help consumers understand the purpose of credit scores and why they are important. Being equipped with that knowledge is key to financial well-being and getting the financial services they need."

Annual Rankings
As part of this annual study, Experian also ranked U.S. cities by credit score. Minnesota is once again at the top of charts, with three cities setting shining examples of credit management: Minneapolis (709), Rochester (708) and Mankato (708). Cities in the South continue to struggle, but in regards to the bottom three—Greenwood, Miss. (624); Albany, Ga., (626); and Harlingen, Texas (631) –  the first two have shown improvements, while Harlingen stayed the same.  

Bottom 10 lowest average credit scores by city
2017 lowest rankings	City	State	2017 average VantageScore	2016 average VantageScore
1	Greenwood	Miss.	624	622
2	Albany	Ga.	626	624
3	Harlingen	Texas	631 Werbung Mehr Nachrichten zur Experian ADR Aktie kostenlos abonnieren E-Mail-Adresse Bitte überprüfe deine die E-Mail-Adresse. Benachrichtigungen von ARIVA.DE (Mit der Bestellung akzeptierst du die Datenschutzhinweise) -1 Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink. Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte. Andere Nutzer interessierten sich auch für folgende News 12:41 - PR Newswire BlackRock Throgmorton Trust Plc - Transaction in Own Shares 11:52 - PR Newswire Invesco Bond Income Plus Ltd - Issue of Equity Der KI-Boom ist vorbei!    Aber dieser heiße Sektor verspricht, weiter zu wachsen... weiterlesen» Anzeige wo-site-teaser-box-16737_site-teaser-box_2024-04-23_09%253A00%253A00_2024-04-24_09%253A00%253A59