When it comes to managing credit, American women have a slight edge over men, according to a study of credit reports by the credit report agency Experian Plc.
... When it comes to credit scores, women are in front by a tiny margin. Women averaged a credit score of 675 compared to the male average of 674, according to Experian's data. Reuters got a sneak peak of the study, which will be released Wednesday. "In terms of having a stereotype, they may spend and shop, but women also pay their bills well," Raneri says. "They are doing more with less."
Experian found that men have 4.3 percent more debt than women. Men have a 2 percent higher credit utilization rate along with mortgage loans that are 4.9 percent higher. More men also hold mortgages that are least 60 days past due.
The average man in the study's sample carried $26,227 in debt compared to $25,095 for women. That figure includes consumer debt such as credit cards and auto loans, for example, but excludes mortgage debt.