Twin Cities tops in U.S. credit scores
by Rupa Shenoy, Minnesota Public RadioSt. Paul, Minn. — Credit bureau Experian released new rankings Wednesday that show residents of the Minneapolis-St. Paul metro area have the best credit scores in the United State.
Credit scores range from 501 to 990 with a higher credit score indicating lower credit risk.
The Twin Cities came in first place among the U.S. metropolitan areas reviewed with an average 787 credit rating.
Experian public education director Rod Griffin says on a normal grading scale, that still wouldn't get Minneapolis an "A."
"Minneapolis, even the best average scores in the country fall into what is considered a "C" range. So they're good, they're not great. They're passing, but they don't put you on the Dean's List," he said.
Griffin says it's impossible to know what combination of factors put the Twin Cities at the top of the list.
Madison, Wis. came in second place and Cedar Rapids, Iowa, was in third.
