That Sinking Feeling…….Credit Scores, 25.5% Of Consumers Or 43.4 Million Of Them Have A Credit Score Of 599 Or Below, Considered To Be Poor Risks
Posted By thestatedtruth.com on July 12, 2010
2010-07-12
“Figures provided by FICO Inc. show that 25.5 percent of consumers — nearly 43.4 million people — now have a credit score of 599 or below, marking them as poor risks for lenders. It’s unlikely they will be able to get credit cards, auto loans or mortgages under the tighter lending standards banks now use.”
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