The Experian study also examined the movement of credit scores among different score groups. The groups were based on 50-point increments from a minimum of 400 to 449 to a maximum of 800 to 849. Twenty percent of consumers with a credit score between 650 and 699 in January improved their score to between 700 and 749 in June. Fourteen percent of consumers with a credit score between 700 and 749 in January improved their score to between 750 and 799 in June.
Statewide, 33 percent of consumers in North Dakota, South Dakota, and Vermont improved their credit score by up to 50 points from January to June, leading the nation. The average credit score for consumers in North Dakota is 716, in South Dakota it is 718, and in Vermont it is 713. For additional survey results, visit Experian's National Score Index Web site at http://www.nationalscoreindex.com/.
The study also found that:
* 41 percent of the U.S. population showed no change in their credit score from January to June 2007
* 2 percent of the U.S. population had their credit score improve by 51 to 100 points from January to June 2007, whereas 3 percent of U.S. consumers saw their score drop 51 to 100 points during the same time period
* Nationwide, 23 percent of consumers had their credit score drop up to 50 points from January to June 2007
