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Home Market Research Markets

Why Where You Grew up Still Affects Your Credit Score and What You Can Do Now

by TheAdviserMagazine
10 months ago
in Markets
Reading Time: 1 min read
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Why Where You Grew up Still Affects Your Credit Score and What You Can Do Now
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Robert Kneschke / Shutterstock.com

According to The Wall Street Journal, a new study by Opportunity Insights analyzed records from more than 25 million people and found a surprising link: children raised in similar economic circumstances had very different credit scores as adults, depending on where they grew up. The researchers compared kids from families in the 25th income percentile — a low-income baseline — and tracked their…



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