State residents rank among most fiscally responsible

Paul Gores:

When it comes to creditworthiness, it's hard to top the consumers of Wisconsin.

Four Wisconsin cities - including Wausau at No. 1 - are among the 10 communities in the nation with the highest average credit scores, a new survey shows.

Wausau residents posted an average credit score of 789 in the survey conducted by the credit-rating agency Experian. Madison was third, at 785; Green Bay sixth, at 780; and La Crosse 10th, at 777.

Milwaukee, with a score of 765, was 33rd of 143 cities included in the survey.

"Wisconsin residents remain among the nation's most fiscally responsible," Experian stated Tuesday in announcing the survey results.

Higher credit scores generally give consumers the ability to borrow money at lower interest rates.

Posted by Jim Zellmer at October 14, 2011 1:38 AM
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