Are Income and Credit Scores Highly Correlated?

Posted: 20 Aug 2018 Last revised: 25 Jun 2020

See all articles by Rachael Beer

Rachael Beer

Board of Governors of the Federal Reserve System

Anamaria Felicia Ionescu

Board of Governors of the Federal Reserve System

Geng Li

Federal Reserve Board

Date Written: 2018-08-13

Abstract

To the best of our knowledge, statistical analysis on the relationship between income and credit scores using proper data remains scant. Using a unique proprietary data set, this note attempts to fill the gap in our understanding of this relationship.

Suggested Citation

Beer, Rachael and Ionescu, Anamaria Felicia and Li, Geng, Are Income and Credit Scores Highly Correlated? (2018-08-13). FEDS Notes No. 2018-08-13, Available at SSRN: https://ssrn.com/abstract=3234196 or http://dx.doi.org/10.17016/2380-7172.2235

Rachael Beer (Contact Author)

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Anamaria Felicia Ionescu

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Geng Li

Federal Reserve Board ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

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