Iowa ranks second in the nation for credit diligence, according to a new report from the personal finance website WalletHub. The report analyzed all 50 states using six key indicators of credit awareness, including the percentage of people who dispute credit report errors, freeze their credit, or have histories of missed payments, bankruptcies, or foreclosures. Iowa earned high marks for its low rates of missed payments—ranking first nationally—and for having the third-lowest percentage of consumers with collections tradelines in the first quarter of 2025. The state also placed ninth for the share of frozen credit reports and 11th for the percentage of residents with active bankruptcies. While Iowa was 22nd in terms of foreclosure rates, its overall strong performance across categories helped it land the No. 2 spot, just behind the top-ranked state, Massachusetts. WalletHub’s findings suggest Iowans take a particularly proactive approach to credit management, contributing to greater financial stability and fewer long-term credit issues. Check out their full report that is included with this story on our website.
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