Consumers with HELOCs have the highest average credit score...

Posted on Mar 31 2013 by
While the overall average VantageScore® for consumers in Q4 2012 was 748, the average score can vary greatly by specific loan product. For example, the average VantageScore for consumers with a home equity line of credit is 864,...

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Most “unscoreable” consumers are not subprime...

Posted on Feb 24 2013 by
The average unscoreable consumer has a good job and a better-than-adequate credit profile. Sixty-one percent of unscoreable consumers hold professional level or skilled labor jobs, 30 percent have credit profiles that fall into...

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Almost half of consumers want to improve credit scores...

Posted on Feb 03 2013 by
According to a recent survey that asked Americans about their understanding of credit scores 83 percent have checked their credit scores and nearly half (42 percent) want to improve credit scores, but don’t know how. Sixty-five...

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Most consumers see score improvement...

Posted on Jan 27 2013 by
Roughly 70 percent of credit scores change by up to 20 points in any given 90-day window. Most consumers experience a score improvement rather than a score drop, with 56 percent of consumers shifting higher, 34 percent shifting...

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Two-thirds of the national population has one or more bankca...

Posted on Jan 12 2013 by
Bankcard originations have continued to increase, with Q3 2012 originations increasing 32 percent over Q3 2011. On average, 66 percent of the population now holds one or more bankcards. However, the percentage of consumers who...

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Retail card balances vary by credit score tier...

Posted on Nov 04 2012 by
As of Q2 2012, subprime borrowers are carrying the largest retail card balances, with an average card balance per account of $620 and $700 for VantageScore® D and F tiers, respectively. The national average balance on a retail...

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Bankcard utilization rates declining, but still high for sub...

Posted on Oct 25 2012 by
Not surprisingly, bankcard utilization is the highest among subprime consumers with VantageScore D and F tiers having average bankcard utilization rates of 68% and 81% respectively. In comparison, VantageScore A tier (super...

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Study ranks cities with the highest credit scores...

Posted on Oct 01 2012 by
In Experian's recent State of Credit study which analyzes credit scores in more than 100 cities, Minneapolis took the number one spot, with an average VantageScore® of 787. The Midwest dominated the top 10 spots in the rankings...

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Bankcard balances increase for prime credit score tiers...

Posted on Sep 23 2012 by
The average bankcard balance per consumer in Q2 2012 was $4,170, which is 4 percent higher when compared to the same quarter of the previous year. VantageScore A and VantageScore B tiers (super prime and prime) saw bankcard...

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