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

5 ways to uncover listings during the slow season

November 29, 2016 by SmartZip

With the holidays rushing in and your business slowing down it may...

How healthy is your sphere? 10 tough questions to ask yourself

November 17, 2016 by SmartZip

In real estate, we talk a lot about the potential of your sphere. But...

Start off Strong: Learn how this Tennessee client is getting early success using SmartTargeting

November 4, 2016 by Marie Leon

Christian Fraser Franklin, TN Synergy Realty Network...

Check listing predictions in your territory

Get started