a Better Bubble™

STL on the Air 📻

Lots of questions plus some answers about nature of credit scores, financial literacy, disparities

5 years 5 months ago

The median credit score in St. Louis is 665, just a few points beneath the national median. But a closer look at ZIP-code-level data shows a median score of just 532 in areas of the city that are predominantly non-white, whereas the median credit score for predominantly white areas is 732. "That's a very large gap, and we are here to do something about that," says Jared Boyd, chief of staff and counsel for the City of St. Louis Treasurer's Office.