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10 cities with the lowest credit scores

Source: Experian

The average credit score in America is a "C" on the VantageScore model, a tri-bureau credit scoring model that has a score range of 501 to 990 with a corresponding letter grade. Your credit score can determine your interest rate and whether you're approved or denied credit. For more information, read "What is a credit score?" and check out "10 cities with the highest credit scores."

*For the first six months of 2010, the national average VantageScore was 748, according to Experian.

 

 

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Credit Card Averages
Product Rate
Balance Transfer Cards 16.00%
Cash Back Cards 16.34%
Low Interest Cards 10.93%
Rewards Cards 15.80%
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Another study shows the imperfection of credit reporting. Almost 1 in 4 encountered problems with their credit reports.
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