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Credit scores DECREASE for the first time in decade as more borrowers fall behind on payments
CNBC ^ | 03/06/2024 | Jessica Dickler

Posted on 03/06/2024 2:29:17 PM PST by 4Liberty

Consumers have been increasingly relying on credit cards to make ends meet, and it may be finally catching up with them.

The national average credit score, which has steadily increased over the last decade, fell to 717 from a high of 718 in the beginning of 2023, according to a report from FICO, developer of one of the scores most widely used by lenders. FICO scores range between 300 and 850...

“It’s a notable milestone,” said Ethan Dornhelm, FICO’s vice president of scores and predictive analytics. “This is the first time in well over a decade that the score went down.”

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: bidenomics; ccdebt; ccscores; fjb
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To: AuntB

I am wrecked to hear of your suffering. We know it is perfect peace, joy and love with our fist moment with Jesus.
For our loved ones, it is difficult. As Paul, Christ be magnified in my body whether in death or life. I am hard pressed between the 2. The desire to depart and be with Christ, for that is very much better.
Prayers of comfort and peace to you.


41 posted on 03/07/2024 10:21:54 AM PST by momincombatboots (BQEphesians 6... who you are really at war with. )
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To: momincombatboots

Please don’t preach.

I no longer subscribe to your cruel diety.

Are some point that old troll had to take some of the blame instead of all the glory. It’s a load of crap
Good bye!


42 posted on 03/07/2024 10:51:37 AM PST by AuntB (Trump is our Ben Franklin - Brilliant, Boisterous, Brave and ALL AMERICAN!)
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To: momincombatboots; All

You bible thumpers don’t care. You just like the sound of your own noise.
Done with it all, especially FR . Many of you sent me private messages of “help” just to con me because I am vulnerable!

It sucks.

You people preach to the choir while the country is burning.

Until we get in front of every media affiliate and every FBI field office in every city
NOTHING CHANGES
But we have nothing but cowards posing as Americans!!


43 posted on 03/07/2024 10:56:27 AM PST by AuntB (Trump is our Ben Franklin - Brilliant, Boisterous, Brave and ALL AMERICAN!)
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To: 4Liberty

My score went down from over 800 when I paid off 1 of 2 cards that had...


44 posted on 03/07/2024 2:03:07 PM PST by minnesota_bound (Need more money to buy everything now)
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