Volvo drivers have the best credit scores

January 4, 2013 12:00 AM

You can tell a lot about a person by the type of car they drive. According to a new study from Experian Automotive, a U.S. credit reporting agency, you may even be able judge an individual's credit score from their ride. The organization found that customers who financed a Volvo had the highest average credit scores, beating out top luxury brands like Lexus, Acura and Audi, AutoBlog reports.

High average credit scores means most of Volvo's customers have lower amounts of debt and a good record of paying their bills. The Swedish automaker had customers with an average credit score of 818 on a 1,000-point scale in the third quarter of 2012, while the industry average was 755.

While some may have initially thought buyers of luxury vehicles would top the list, the fact that Volvo did is a good sign for the brand's image. Forbes reports that the company has been trying to foster an upscale image for its vehicles, focusing on improving special features and auto repair to make the model appeal to a bigger audience. 

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