Learn 10 States With The Best And Worst Credit Scores

4.  Massachusetts – 718

Massachusetts got the fourth-highest credit score. According to Urban Institute credit data, its residents have lower default rates for student loans, credit cards, and auto loans than the national average.

5. Washington – 716

According to National Mortgage Database statistics, Washington is another state with low delinquency rates (0.40%) and a high median income ($74,073). According to Urban Institute credit data, inhabitants had a greater degree of medical debt in collections, with a median of $1,846, compared to the national median of $1,835.

6. Hawaii – 716

Hawaii had the highest median income of any state with the best credit scores, with $80,212, according to Census data. According to National Mortgage Database data, the state had a 0.40% mortgage default rate, which was half the national average.

7. South Dakota – 713

Despite having a median salary of $56,274 in 2018, South Dakota citizens manage their debt well. According to National Mortgage Database data, the state’s mortgage delinquency rate was 0.60%, 0.20% lower than the national average.

8. Oregon – 712

Oregon is another state with low delinquency rates. According to National Mortgage Database data, its mortgage delinquency rate was 0.40%, compared to 0.80% nationally.

9. North Dakota – 712

North Dakota citizens are often good debt managers. According to credit data from the Urban Institute, its default rates for student loans, auto loans, and medical debt were all lower than the national norms. 

10. Colorado – 711

According to Census data, Colorado had one of the highest median earnings ($71,953) and rated 10th among states with the best credit scores.