What is the average credit score in Michigan?
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What is the average credit score in Michigan?
715
Minnesota has the highest average credit score at 739….State Averages.
| State | Average FICO Score |
|---|---|
| Michigan | 715 |
| Minnesota | 739 |
| Mississippi | 675 |
| Missouri | 707 |
What is the average person’s credit score in the United States?
Credit scores help lenders decide whether to grant you credit. The average credit score in the United States is 698, based on VantageScore® data from February 2021. It’s a myth that you only have one credit score. In fact, you have many credit scores.
What is the average credit score by state?
Average FICO Scores by state in 2020
| State | 2019 | 2020 |
|---|---|---|
| Alaska | 707 | 714 |
| Arizona | 696 | 706 |
| Arkansas | 683 | 690 |
| California | 708 | 716 |
What is the average credit score in 2021?
And according to a July 2021 VantageScore report, the average credit score in America is 697.
Which state has the highest credit score?
10 States With the Best Credit Scores
- Minnesota—724. Since July 2020, Minnesota has held the top average credit score in America.
- Vermont—719.
- New Hampshire—719.
- Massachusetts—718.
- Washington—716.
- Hawaii—716.
- South Dakota—713.
- Oregon—712.
What’s a good credit score for my age?
The average credit score in the U.S. is 680 based on the VantageScore model and 703 based on the FICO score model. That means the average American has a fair-to-good credit score….Average Credit Score by Age.
| Age Group | Average Credit Score |
|---|---|
| 30 – 39 | 673 |
| 40 – 49 | 684 |
| 50 – 59 | 706 |
| 60 and above | 749 |
What’s the credit score to buy a house?
620 or higher
Conventional Loan Requirements It’s recommended you have a credit score of 620 or higher when you apply for a conventional loan. If your score is below 620, you might be offered a higher interest rate.