2016 State of Credit — Experian’s seventh annual credit report

The seventh annual State of Credit provides a comprehensive look at the credit behavior of consumers across America. The report analyzes nationwide data to determine how the country is faring, as well as the cities whose residents have the highest, lowest and most improved average credit scores. Overall, the report reveals that credit scores are on the rise and improved credit behaviors indicate a strong credit market. This is a promising sign as the economy continues to rebound.

Experian® aims to make consumers’ financial lives better. With this annual study, our goal is to provide insights that help consumers make more informed decisions about credit use and change their financial habits to improve how lenders view their creditworthiness. Understanding the factors that influence their overall credit profile can help consumers lead financially empowered lives.

State of Credit 2016