http://www.realtor.org/RMODaily.nsf/pages/News2010092701?OpenDocument

This was an eye opener as to where consumers in the U.S. have the best and worst average credit scores (and for once Detroit did not make the bottom 10 list.  Finally, congrats Detroit!).

Even cooler is the interactive site (link included on the release above and below) showing Experian’s summary statistics on US cities, including items such as the area unemployment rate, average debt, number of foreclosures and number of open credit cards.

Worth the read and few minutes on the interactive site.  (Bet you did not know that the average debt in Fairbanks Alaska is $29,424 and the average consumer has 1.85 open credit cards.)  Take a look at your city.

http://www.experian.com/live-credit-smart/live-credit-smart.html

Ted

Ted C. Jones, PhD

Senior Vice President-Chief Economist, Stewart Title Guaranty Company

Director of Investor Relations, Stewart Information Services Corporation

 

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