Wally Najafi, CFP®

(713) 807-7002

Money Read Time: 2 min

How Does Your Credit Score Compare?

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 Boomers703
Generation X658
Millennials638

Source: Experian.org, 2018

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2021 FMG Suite.

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