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States With the Best and Worst Credit Scores 2025


Published on 2025-03-28 18:21:03 - Insider
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  • Discover which US states have the best and worst credit scores in April 2025 and learn which factors influence these rankings.

The article from MSN Money discusses the variation in average credit scores across different states in the U.S. for the year 2025. Minnesota leads with the highest average credit score at 725, attributed to its residents' financial discipline and lower debt levels. Conversely, Mississippi has the lowest average credit score at 647, influenced by economic challenges and higher rates of missed payments. The article highlights that states with higher credit scores generally have better economic conditions, higher education levels, and lower unemployment rates. It also notes that credit scores are influenced by factors like payment history, debt levels, length of credit history, new credit inquiries, and types of credit used. The piece provides insights into how these scores impact residents' ability to secure loans, mortgages, and other financial services, with higher scores typically leading to better financial opportunities and lower interest rates.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/credit-cards/states-with-the-best-and-worst-credit-scores-2025/ar-BB1q9Usd ]

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