A new report from Wallethub.com examines the average credit score in more than 2,000 US cities. The highest-ranked Texas city on the list is Colleyville, at number 23.
According to the survey, the average credit score for a Colleyville resident is 777. This places the city in the 99th percentile nationally.
Others in the top five in Texas include:
(Tie) 185 – Flower Mound with an average credit rating of 762
T262 – Coppell (758)
T287 – The Wood (757)
T300 – Keller (756)
At the other end of the spectrum, Houston’s suburban Sugar Land ranks third from bottom nationally, with an average score of 571. Laredo, Killeen, Odessa, Pasadena and Beaumont also bring up the rear among cities. from Texas.
Wallethub’s Jill Gonzalez said a credit score of 700 is still considered “good”, while 750 or more falls into the “excellent” category.
And if you’re looking to boost your score, Gonzalez said two big factors are not missing credit payments and canceling accounts. Even if you don’t use a card, it’s a good idea to keep the account so that it counts towards your available debt-to-credit ratio.
Gonzalez went deeper into the credit report with KRLD’s Chris Sommer.
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