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Credit Scores Dip to New Lows, But There is Hope

Millions of Americans’ credit scores are sinking to new lows, the Associated Press reported yesterday. Data provided by FICO Inc. shows that 25.5 percent of consumers now have a credit score of 599 or below, marking them as poor risks for lenders. This could lead to those consumers being denied credit cards, loans or mortgages.

It …

Continue reading Credit Scores Dip to New Lows, But There is Hope