Has the national credit score average gotten worse since the economy crisis?
Question by Becka: Has the national credit score average gotten worse since the economy crisis?
Just curious….everyday you hear about banks and big companies going bankrupt, and people losing jobs…so I was wondering if as a “whole” the U.S seen a drop in average credit scores since the economy has been rough.
Best answer:
Answer by stan c
When people lose their jobs, it will effect their credit score since they no longer have the funds to pay their accounts on time.
Give your answer to this question below!
Popular search terms:
Tagged with: average • Credit • crisis • economy • gotten • National • Score • since • worse
Filed under: Credit Scores
Like this post? Subscribe to my RSS feed and get loads more!
Yes it has. Although as long as you keep your job and keep incoming revenues, find alternate ways to keep that revenue coming in, you should be okay. My mother always says: Always try to get ahead of the events.
yes, i used to have excellent credit, but now only have good credit, cuz it changed like 8months ago. and i still have the same credit score!
its harder to get credit now