Cities with the Highest and Lowest Credit Scores

October 17, 2011

By Katie Bryan, America Saves Communication Manager

Credit ScoreLast week, Experian released the results of their second-annual State of Credit study.

Compared with last year’s State of Credit assessment, many cities have improved slightly. Five out of 10 of the bottom markets have increased their credit scores and decreased debt since 2010. However, average debt nationwide has only decreased by about 1 percent — it is down about $200 to $24,542.

A low debt-to-credit ratio is an important element of a high credit score. Learn more about how lowering debt can raise your credit score.

Cities with the highest credit scores:
1. Wausau, Wis.: 789
2. Minneapolis, Minn.: 787 
3. Madison, Wis.: 785 
4. Cedar Rapids, Iowa: 781
5. San Francisco, Calif.: 781
6. Green Bay, Wis.: 780
7. Boston, Mass.: 779 
8. Peoria, Ill.: 778 
9. Sioux Falls, S.D.: 778
10. La Crosse, Wis.: 777

Cities with the lowest credit scores:
1. Harlingen, Texas: 686
2. Jackson, Miss.: 701
3. Corpus Christi, Texas: 702
4. Monroe, La.: 706
5. Shreveport, La.: 706
6. Augusta, Ga.: 709
7. Bakersfield, Calif.: 709
8. Las Vegas, Nev.: 709
9. Tyler, Texas: 710
10. El Paso, Texas: 710

Experian’s call to action
In looking at these scores and trends, there are still a number of financial challenges consumers need assistance navigating. To deepen its more than 30-year commitment to consumer education, Experian will be implementing a series of educational programs late this year and in early 2012 that will provide resources and tools to help consumers improve their financial health.

In addition, Experian’s CreditReport.com™ is sponsoring the Secret Millionaires Club “Learn and Earn” promotion, a financial education program featuring Warren Buffett who teaches a group of kids smart financial habits they can start at a young age.