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7.13.2010

More Americans' credit scores sink to new lows

The credit scores of millions more Americans are sinking to new lows. 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.
Jorge Pastine en 19:39

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Jorge Pastine
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PE Resources - Senior Partner Goodwill Services - Senior Partner
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