Financial Intel Monthly

How Does Your Credit Score Compare?

Apr 3, 2020 11:31:00 AM / by The Retirement Group (800) 900-5867

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 other Americans?

The illustration below shows cities with the best and worst credit score.

US map with chart

Source: Experian.org, 2018 and CNBC, 2018

Generation Gap

Here's a look at how each generation fares credit-wise. How do you stack up?

  Credit Score
Baby Boomers 703
Generation X 658
Millennials 638

Source: Experian.org, 2018

 

Securities offered through FSC Securities Corporation, member FINRA/SIPC and investment advisory services offered through The Retirement Group, LLC, a registered investment advisor not affiliated with FSC Securities Corporation. Although FSC is a signatory to the Broker Protocol, TRG is not. The removal of PII from FSC under the Broker Protocol is a violation of the Privacy Policy. Representatives are securities registered and are able to service clients in the following states: ALABAMA, ARIZONA, ARKANSAS, CALIFORNIA, COLORADO, FLORIDA, GEORGIA, ILLINOIS, INDIANA, KANSAS, MASSACHUSETTS, MICHIGAN, MISSISSIPPI, MISSOURI, NEVADA, NEW HAMPSHIRE, NEW JERSEY, NEW YORK, NORTH CAROLINA, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, SOUTH CAROLINA, TEXAS, TENNESSEE, WASHINGTON, WISCONSIN.

 

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