Saturday, July 31, 2010

The Recession's Impact on Credit Ratings

As of April, 25% of Americans had fallen into the least-creditworthy category, garnering a rating of less than 600 from FICO, the main arbiter of consumer credit in the U.S. That compares to only 15% before the recession, according to data compiled by Deutsche Bank.
The Declinning Credit Ratings

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