Credit bureau Experian released a report that said New York City-area consumers shoulder the highest debt among residents of the top 25 U.S. major metropolitan areas. The average debt per consumer in the New York City area was $32015.81. New York City-Metro area also have the lowest credit score among the top 20 metro areas in the nation with an average VantageScore from Experian of 706 out of a range of 300 to 850. This piece of information alone justifies growth of New York City credit repair companies. Credit Repair New York City NY aim to get your credit score to the minimum level ( 620 ) required for conventional mortgage.