Trans Union is now using “metro ratings” to evaluate credit risks for collective groups based on where they live. Attorney Chris Kittell of the Kittell Law Firm writes
Trans Union contends that a low metro rating does not just reflect a geographically localized group of lackluster bill payers, but could indicate places where the unemployment rate is high or that were hit hard by home foreclosures.
Read Attorney Kittell’s full article Now whether your neighbor pays his bills affects your credit score?! which includes a summary of how the new ratings work and a list of the worst metro scores.