Millennial women hold better credit scores than men!


A new study from LendingTree shows Millennial women are better than men at improving their credit score. Millennial women held an average credit score of 666, higher than men’s credit scores of 661, but they don’t know it. The study shows among Millennials, fewer women than men know their credit score, at 76% versus 82% respectively.

But it comes as little surprise that women have higher credit scores, as a study last year from ATTOM Data Solutions showed women are better than men at paying their mortgage.

Women also have higher levels of debt than men. The average amount of total debt for women came in at $68,834, up from the amount of men’s debt at $53,017, the study on Millennials showed.

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Tami L Barber

NMLS #1030737

(423) 943-9269

Encore Lending Group LLC

NMLS #1249911

206 Wesley St, Johnson City TN 37601

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The information contained in this site has been prepared by an independent third party and is distributed for educational purposes only. This is designed to give helpful tips on the mortgage process and is not intended to give legal advice. Information is considered reliable but not guaranteed. This is not a prequalification, preapproval, loan approval or commitment to lend.