In honor of the all-consuming election season, Credit Sesame decided to poll over a thousand of their members to gage the average creditworthiness of each candidate’s base. Much to the chagrin of John Kasich enthusiasts everywhere, they only included the five most mentioned candidates in both the Democratic and Republican Primaries: Marco Rubio, Donald Trump, Bernie Sanders, Hillary Clinton, and Ted Cruz. Unfortunately, there’s some bad news for you Cruz-supporting folks, because on average you have the worst credit.
According to this study by Credit Sesame, Cruz supporters have the lowest average credit scores at 653. They also have the highest average credit balances, while their credit limits straddle the low end of the average among candidates’ bases.
This study also claims that Rubio’s voting bloc is far and away the most financially responsible bunch in the pack. With an average credit score of 693, his supporters also have much lower credit card balances. They owe much less, while their credit limits are still much greater than Cruz supporters. That means Rubio backers’ credit utilization is very low, and correspondingly, their credit scores are much higher.
If you’re feeling the Bern, I have some good news for you. Right behind the well-heeled credit elite that Rubio enjoys as his base are Bernie Sanders’ supporters. The democratic socialists have an average credit score of 675.
Funny enough, Trump and Clinton supporters have almost identical credit profiles. At 660 (Trumpeters) and 658 (Clintonites), the two candidates who are probably the most ideologically dissimilar have supporters who both average around $1,500 dollars in credit card debt. Additionally, just like the Donald, the backers of these candidates are more likely to declare bankruptcy than other voting blocs. Twelve percent of Clinton and Trump enthusiasts have gone bankrupt at some point in their adult lives.
The study also delved into the different debt loads that each candidate’s base has outstanding. Rubio supporters are the most wealthy, but they tend to have the largest student loan balances. The feel the Bern crowd has more mortgage debt because they’re a younger demographic. Not surprisingly, Trump’s base has the lowest amounts of student debt outstanding.
If you want to take a look at this report, click here to take a look at Credit Sesame’s report.
Photo by @resurgent
David is the Editor of Bold. He's especially passionate about millennial economic empowerment. A former local news reporter, David is originally from the Little Havana area in Miami, and later became a pioneer resident of the Disney-inspired town of Celebration, Florida. David holds a Master’s in Public Policy from the Harvard Kennedy School.