The war raging between males and females is nothing new.

However, according to a new study done by Experian, an information and data provider, women are better at managing their money and debt.

The company surveyed credit scores, average debt, utilization ratios, mortgage amounts and mortgage delinquencies of men and women in the United States.

Despite the average credit scores between the two only differing by one point, men (with 674 credit scores) and women (675), men have a higher incidence of late mortgage payments.

Adding to men’s burden, they have 4.3% more debt than women and on average have almost a thousand dollars more in debt.

“When looking closer at our data and cross-referencing it with other data sources, we see that women working full-time in the United States earn approximately 23% less income than men but that women are taking steps to manage their finances better than men,” said Michele Raneri, vice president of analytics with Experian.

She added, “The most notable difference is that men are taking bigger individual mortgage loans than women, but it would appear that they are having a slightly more difficult time making those payments on time.”

I will note that 72% of consumers have joint mortgages, but of that remaining amount, the data reveals that men have 18.3% more independent mortgages than women.