Credit scores in the richest and poorest parts of town remarkably similar, says survey

Updated

The credit score and credit report blog SpendOnLife.com took an in-depth look at the credit scores of the five richest and five poorest neighborhoods by income to find out what separates the swank from the slum. In the same feature it also ranked each state by average credit score, so you can see how you stack up to your neighbors.

One of the first things you'll notice about the richest and poorest neighborhoods is that you have to actually look at the data twice to see where the differences are. While the number of credit accounts and mortgage balances vary greatly, the values of other items such as credit utilization all hover pretty closely at the national average.


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