Credit score: 650 vs 800

As someone that takes pride in being fiscally responsible I found this graphic to be interesting.

Credit score_650 vs 800

2 Responses to “Credit score: 650 vs 800”

  1. 19 February 2014 at 08:53

    Thanks for sharing this interesting graphic. I wish people knew more about credit and how important it is.
    “Improvers have an average balance of nearly $25,000 on their credit cards.”
    What a depressing statistic. If anyone would like information on exactly what credit is and how to build it, please check out this article: http://lessonsinpersonalfinance.com/2013/12/24/your-credit-score-and-you/.
    Thanks for raising awareness on this important issue.

  2. 19 February 2014 at 11:39

    And 650 isn’t even the worst credit one can have… I’d be curious to know the statistics for all the groups.

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