The top cities for new credit in 2014 [Infographic]

May 4, 2015 by Gina Thelemann in Articles

In the famous words of Spiderman's Uncle Ben, "With new credit comes great responsibility." Okay, we're paraphrasing but the reality is that new credit can be a source of great power when used correctly. New lines of credit can lower credit utilization and raise credit scores, making borrowers more appealing for loans and other financial coups.

As the economy continues to improve, and the market opens up for first-time buyers and even boomerang buyers, new credit will be an important indicator of buying potential. Below is the city in each state that boasted the highest new limit of credit to individuals in 2014.

Methodology

  • City = More than 10k citizens
  • New credit = Upper limit of new credit granted individually over the last year
  • Top city = The city with the highest new credit granted in the state


SmartZip is the leader in big data and predictive analytics for the real estate industry.

Ready to put predictive analytics to work for you? Get exclusive access to the homeowners most likely to sell in your area. Check to see if your territory is still available.


comments powered by Disqus

Back to all posts

Recent posts

4 ways to build more "Client for Life" relationships

August 10, 2017 by Marie Leon

We spend so much time talking about the importance of repeat business...

Finish 2017 strong!

August 3, 2017 by Judy McHargue

Five Ways to Win More Business While our strong summer market...

3 clear-as-day signs it’s time to hire an inside sales agent

July 19, 2017 by Joan Dailey

If you’ve read Chris Smith’s The Conversion Code, you may already...

Check listing predictions in your territory

Get started