Improving your credit score can open the door to better financial opportunities down the line. To highlight the cities where residents are making the most progress and where they’re facing more challenges, the personal-finance website WalletHub has released its latest report on the Cities With the Largest Credit Score Increases. Check out some of the key findings below.
| Largest Increases | Smallest Increases |
| 1. St. Louis, MO 2. Des Moines, IA 3. Winston-Salem, NC 4. Anchorage, AK 5. San Bernardino, CA 6. Oklahoma City, OK 7. Stockton, CA 8. Kansas City, MO 9. Wichita, KS 10. Anaheim, CA | 91. Spokane, WA 92. Virginia Beach, VA T-93. Baltimore, MD T-93. Henderson, NV T-93. Chula Vista, CA 96. Gilbert, AZ 97. Atlanta, GA 98. Irvine, CA 99. Raleigh, NC 100. Indianapolis, IN |
https://wallethub.com/edu/
“Having a credit card and making on-time payments every month is the easiest way to build a good credit score. You should also aim to use less than 30% of your credit limit at a time, and pay off your entire balance each month if you’re able to. In addition, it’s worth noting that you can build credit just by having a credit card open, even if you don’t make purchases on it, though actively using your card helps your score increase more quickly.”
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“St. Louis, MO, residents had the largest average credit score increase in the past year, at around 3.5%, going from a score of 630 to a score of 652, moving the average score from the bad credit range to the fair credit range marking a meaningful step forward.”
- John Kiernan, WalletHub Editor
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