Average credit scores for people in the United States （US） differ from state to state. Some states have high, and some states have low average credit scores. Since lenders and employers use credit scores to make loa...Average credit scores for people in the United States （US） differ from state to state. Some states have high, and some states have low average credit scores. Since lenders and employers use credit scores to make loan and employment decisions, people living in states where average credit scores are high should experience the benefits of living where credit scores tend to allow more favorable loan and employment decisions. Although credit scores are the direct result of credit histories, credit histories may be impacted by demographic factors. If the demographic factors that impact credit histories are identified, ways to improve credit scores are likely to be discovered and available to people and state government policymakers. This study looks for demographic factors to indirectly explain the average credit scores for people living in each state of the US. The methodology includes statistical analyses and geographic information systems （GIS） mapping. Statistical analyses provide evidence to suggest that state average credit scores are explained by the demographic factors of education, family, income, and health. GIS mapping reveals clusters of states with similar demographics and credit scores.展开更多
文摘Average credit scores for people in the United States （US） differ from state to state. Some states have high, and some states have low average credit scores. Since lenders and employers use credit scores to make loan and employment decisions, people living in states where average credit scores are high should experience the benefits of living where credit scores tend to allow more favorable loan and employment decisions. Although credit scores are the direct result of credit histories, credit histories may be impacted by demographic factors. If the demographic factors that impact credit histories are identified, ways to improve credit scores are likely to be discovered and available to people and state government policymakers. This study looks for demographic factors to indirectly explain the average credit scores for people living in each state of the US. The methodology includes statistical analyses and geographic information systems （GIS） mapping. Statistical analyses provide evidence to suggest that state average credit scores are explained by the demographic factors of education, family, income, and health. GIS mapping reveals clusters of states with similar demographics and credit scores.
