A recent study comparing financial differences between men and women found that, overall, women are better at managing money and debt. Differences between the two populations include:
- Men have 4.3 percent more debt than women
- Men have a 2 percent higher credit utilization amount
- Mortgage loan amounts for men are 4.9 percent higher
- Men have a higher incidence of late mortgage payments by 7 percent
Read more details from the analysis — including an infographic and statistics by city and state.
Source: Women Flexing Their Financial Muscles; Women’s Credit is in Better Shape Than Men’s Credit
