Here are the average credit scores in 5 major Tennessee cities

Here are the average credit scores in 5 major Tennessee cities

December 20th, 2016 by Staff Report in Business Around the Region

Credit scores are on the rise and improved credit behaviors indicate a strong credit market, according to Experian's seventh annual State of Credit report.

The nation's average credit score is up four points — 669 to 673 from last year — and is only six points away from the 2007 average of 679.

The average American has a balance of $5,551 on their credit card.

Nashville — 664 average credit score with an average credit card debt of $5,333

Knoxville — 663 average credit score with an average credit card debt of $4,896

Chattanooga — 658 average credit score with an average credit card debt of $4,965

Jackson — 656 average credit score with an average credit credit debt of $4,195

Memphis — 642 average credit score with an average credit credit card debt of $5,251

Source: Experian annual State of Credit report


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