Texas Credit Score Statistics (2026)
The definitive, fully sourced data page on credit scores, credit card debt, credit report errors, and small-business lending in Texas. Every figure below is cited to Experian, FICO, the CFPB, the FTC, or the Federal Reserve. Updated August 2026.
Texas vs. the Nation
Texans carry some of the lowest average credit scores in the country — and the national average just fell for the first time in over a decade.
| Statistic | Value | Year |
|---|---|---|
| Average FICO® Score, Texas | 692 (down from 695 in 2024) | 2025 |
| Average FICO® Score, United States | 713 (down from 715 — first annual decline since 2013) | 2025 |
| Texas gap vs. national average | −21 points | 2025 |
| Texas ranking among states | Bottom five (only Mississippi 677, Louisiana 686, and Alabama 689 clearly lower) | 2025 |
| Highest-scoring state (Minnesota) | 741 | 2025 |
| U.S. consumers with FICO® in the “poor” range | 15% (growing) | 2025 |
| U.S. consumers scoring 670 or higher | ~70% | 2025 |
Sources: Experian — What Is the Average Credit Score in the U.S.? (2025 data); FICO national average announcement.
Credit Scores by Texas Metro
Texas metros have improved sharply since 2019 — but Dallas still sits 12 points below the national average.
| Metro | Avg FICO® 2024 | 2019 | Change |
|---|---|---|---|
| Austin–Round Rock | 719 | 704 | +15 |
| Dallas–Fort Worth–Arlington | 701 | 686 | +15 |
| San Antonio–New Braunfels | 693 | 678 | +15 |
| Brownsville–Harlingen | 668 | 647 | +21 (top-10 U.S. improvement) |
| U.S. national average | 715 | 703 | +12 |
Average Credit Score by Generation
| Generation | Age range | Avg FICO® Score (2025) |
|---|---|---|
| Generation Z | 18–28 | 678 |
| Millennials | 29–44 | 689 |
| Generation X | 45–60 | 709 |
| Baby Boomers | 61–79 | 747 |
| Silent Generation | 80+ | 760 |
Source: Experian (2025).
What a Low Score Costs: Mortgage Rates by Credit Band
Current 30-year conventional mortgage pricing shows exactly what the Texas score gap costs a borrower each month.
| FICO® band | Avg 30-yr APR (Aug 2026) | Payment on a $350,000 loan |
|---|---|---|
| 620 | 7.46% | ≈ $1,950/mo |
| 760 | 6.80% | ≈ $1,837/mo |
| 780+ | 6.73% |
A borrower at the bottom band pays roughly $113 more per month — over $40,000 across a 30-year loan — than a borrower with excellent credit, for the same house.
Source: Experian — Average Mortgage Rates by Credit Score (Curinos data, August 2026). Live band-by-band pricing: myFICO Loan Savings Calculator.
Debt & Delinquency
| Statistic | Value | Source / Year |
|---|---|---|
| Average U.S. credit card balance | $6,768 (2025); $6,659 as of March 2026 | Experian |
| Total U.S. credit card balances | $1.25 trillion (+5.4% YoY), average APR ≈ 22% | Experian, 2026 |
| Average total U.S. consumer debt | $105,444 (mortgage $260,860 · auto $24,731 · student $33,255) | Experian, 2025 |
| U.S. consumer debt currently delinquent | 4.7% of outstanding balances; ~7% of card balances 90+ days late | NY Fed, Q2 2026 |
| El Paso, TX | Highest credit-card debt-to-income ratio of the 100 largest U.S. metros (9.9%) | LendingTree, 2026 |
Sources: Experian Consumer Debt Study; Experian State of Credit Cards; Federal Reserve Bank of New York; LendingTree Credit Card Stress Index.
Credit Report Errors & Disputes
Errors are not rare — and Texans file complaints at one of the highest rates in the nation.
| Statistic | Value | Source / Year |
|---|---|---|
| Consumers with an error on ≥1 of their three credit reports | 1 in 5 (~20%) | FTC, landmark accuracy study |
| Consumers with errors serious enough to worsen loan terms | 5% | FTC |
| Credit/consumer-reporting complaints to the CFPB in 2025 | 5.8+ million — 88% of ALL CFPB complaints; #1 issue: “incorrect information on your report” | CFPB Consumer Response Annual Report, Mar 2026 |
| Complaints about Equifax, Experian & TransUnion (Jan 2024–Jun 2025) | ~3.9 million | CFPB FCRA report, Dec 2025 |
| Cumulative CFPB complaints from Texas consumers | 900,000+ — among the top two states by volume | CFPB data, 2025 |
Sources: FTC credit report accuracy study and 2015 follow-up; CFPB Consumer Response Annual Report (2026); CFPB FCRA §611(e) report (Dec 2025).
Small-Business Lending & Credit
| Statistic | Value | Source / Year |
|---|---|---|
| Employer firms approved for at least some financing | 52% | Fed Small Business Credit Survey, 2026 report |
| Approval rate: low-credit-risk vs high-credit-risk firms | 60% vs 30% — credit risk cuts approval odds in half | Fed SBCS, 2026 |
| Typical personal FICO® most SBA lenders look for | ~620–680+ | Industry lender guides, 2026 |
Sources: Federal Reserve — 2026 Report on Employer Firms; LendingTree SBA credit requirements.
The Credit Repair Industry, After the Reckoning
| Statistic | Value | Source / Year |
|---|---|---|
| U.S. credit repair services market size | $6.8 billion (+6.3% YoY), ~41,000 businesses | IBISWorld, 2025 |
| CFPB refunds to consumers harmed by Lexington Law / CreditRepair.com | $1.8 billion returned to 4.3 million consumers (checks mailed Dec 2024–Jan 2025) after a $2.7B judgment for illegal advance fees | CFPB, 2024 |
| Texas requirement to operate legally | Credit services organizations must register with the Texas Secretary of State and post a surety bond (Texas Finance Code Ch. 393) | TX SOS / OCCC |
What this means for consumers: the industry’s largest player collapsed for charging fees before delivering results. Under federal law (CROA), no credit repair company may charge in advance, guarantee outcomes, or remove accurate information. Work only with registered, bonded providers.
Sources: IBISWorld; CFPB — $1.8B refund announcement; Texas Secretary of State — CSO registration; Texas OCCC.
Cite This Page
Journalists, researchers & bloggers — this data is free to use
You’re welcome to cite any statistic on this page with attribution and a link:
Source: Legendary Ways Credit Solution, "Texas Credit Score Statistics (2026)" — legendarywayscreditsolution.com/texas-credit-score-statistics/
All figures are drawn from the primary sources linked beneath each table (Experian, FICO, CFPB, FTC, Federal Reserve, IBISWorld). This page is reviewed and updated as new annual data is released. For questions about the data or an expert comment on Texas consumer credit, contact us through the site.
Methodology & disclaimers: Score figures are FICO® Score 8 averages as published by Experian unless otherwise labeled; VantageScore-based figures from other publishers may differ and are not mixed into the tables above. Statistics are the most recent available as of August 2026 and each table notes its data year. This page is informational only — it is not credit, legal, or financial advice, and no outcome from any credit repair service is guaranteed. Accurate, timely negative information cannot be removed from a credit report.
