Women Better Managers of Credit Than Men, Study Shows
Not only do women have higher credit scores and less debt than men, according to a new report from Experian, they are more likely to purchase a more functional, utilitarian vehicle than their male counterparts.
COSTA MESA, Calif. — When it comes to credit and financial management, women are better than men. That’s according to a new report from Experian, which showed a notable divide between men and women when it comes to how they handle money, debt and financial decisions.
The average credit score for women was five points higher than men at 675. They also have 3.7% less average debt despite topping men with 23.5% more open credit cards. In fact, women’s revolving credit utilization is 4.2% lower than men. The average mortgage loan amount for women is also 7.9% less than men, and they also have an 8.1% lower incidence of late mortgage payments.
"There were several gaps between men and women in this study, including the five-point credit score lead that the women hold. Even with more credit cards, women have fewer overall debts and are managing to pay those debts on time," said Michele Raneri, vice president of analytics and new business development for Experian. "Men appear to be taking on a bit more than women, specifically when it comes to the homes and the cars they buy, which could be affecting their credit scores."
From an auto perspective, women are more likely to purchase a more functional, utilitarian vehicle, while men tend to lean toward sports cars and trucks. Specifically, men are more likely to purchase vehicles in the mid-size pickup, large pickup and standard specialty car segments.
In fact, men are 1.37 times more likely to purchase a mid-size pickup truck than the general population, while women are 1.4 times more likely to purchase a small crossover utility vehicle than the general population. The latter also gravitates more toward mid-size sports utility vehicles and compact crossovers.
Originally posted on F&I and Showroom
More Training

ASE Developing ADAS Calibration Credential
The National Institute of Automotive Excellence said its intent with the new technician program is to prioritize practical application and operational understanding over deep electrical diagnostics.
Read More →
Apply by March 31 for Automotive Scholarships
UAF is accepting applications for more than $900,000 in automotive and heavy-duty scholarships for the 2026-27 school year.
Read More →
Combatting the Technician Shortage
RockED and TruVideo have launched a free video inspection certification for automotive schools.
Read More →
The F&I Agent's Roadmap: Mastering the Cold In-Store Visit
Register for Allstate's FREE webinar on Oct. 21
Read More →
APCO Holdings Acquires DealerPRO Training
The addition expands company's footprint in fixed ops training
Read More →
Auto Dealership Training Program Expands
Protective Asset Protection offering is AI-driven.
Read More →
ASE Offers Free Vehicle-Fluids Webinar
Class will share updates on lubricant and filtration technologies in newer models.
Read More →
New ADAS Certification Announced
ASE training is intended to help service departments, shops optimize repair opportunities, customer confidence.
Read More →
ASE Offers Free Testing Webinar in Spanish
The class will give an overview of ASE testing in Spanish, including current tests, test development and test-preparation tools.
Read More →
F&I Conviction
It is not important that the client understands us – it is critical that they know we understand them!
Read More →