Growing Number of Clark County Residents Hold Subprime Credit Scores
Federal Reserve Report: Clark County Credit Score Decline
A recent report from the Federal Reserve Bank of St. Louis indicates that subprime credit scores of 660 or less are on the rise among residents in Clark County. Collected through Equifax, a US credit bureau, this data suggests significant financial strain for a significant portion of the county’s residents.
Clark County Subprime Credit Score Statistics
As of Q2 2025, approximately 30.1% of Clark County residents have been assigned a subprime ranking. This figure has seen a steady rise since Q3 2021, when 27.7% of the population held a subprime score. This is the highest percentage of residents with bad credit scores since Q1 2022, when 31.6% of residents had a subprime score.
Local Mortgage Adviser Weighs in on Credit Score Decline
According to Matt Hennessy, a local mortgage adviser, this trend is certainly a cause for concern. While personal savings for local residents peaked during the 2020 COVID-19 lockdowns, the expiration of pandemic-era financial support has left many consumers feeling the financial pinch.
“During the pandemic, government stimulus checks and forbearance programs provided temporary relief. However, with these programs ending and payments deferred under moratoriums being added to loan balances, many consumers now find themselves under financial strain,” Hennessy said.
Contributing Factors to Lower Credit Scores
Hennessy notes that as Clark County began reopening in 2021, consumers wiped out their savings in a spending spree. This, in combination with the Federal Reserve’s inflation-combating measures that increased interest rates on credit cards, has contributed to the lower credit scores.
A Comparison of Average Credit Scores in Clark County
As per Wallet Hub’s report in March this year, residents of Las Vegas, North Las Vegas, and Henderson have varying average credit ratings. Las Vegas is ranked 130th out of 182 cities with an average score of 613. North Las Vegas ranks even lower at 152 with an average of 605. Henderson, however, sits at 55 with an average credit score of 638, and Reno holds 49th place with an average score of 642.
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