Average age of graudating college

For your reference, the city averages are Trans Union Vantage Scores.You can check your latest Trans Union Vantage Score for free on Wallet Hub.

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Finally, it’s important to note that while many different types of credit scores exist, the most popular ones all use the standard 300 to 850 credit-score range. credit score can tell us a great deal about the health of consumers and the economy more broadly.

They’re also based on the same information – your credit reports – and produce very similar results in most cases, according to the Consumer Financial Protection Bureau. That’s especially true when you examine credit-score averages over time.

You don’t need a lot of money to build a good or excellent credit score.

Anyone can do it, as long as they spend within their means and always pay their bills on time.

In fact, four of the five states with the highest average credit scores are in the Midwest.

With that being said, every region has at least one state whose residents boast good credit, on average.

You just need to demonstrate that you have access to enough income or assets to afford the minimum monthly payments, which are usually around to start.

Besides, 56% of college students have been using credit cards as of 2016, according to Sallie Mae, and the average student has three cards.

Some people assume that younger folks have lower credit scores because they now face a tougher time obtaining credit due to the CARD Act’s restrictions.

But you can still get a credit card when you turn 18.

As people age, they also tend to grow more financially responsible and secure, qualities that lend themselves to credit improvement.

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