Archive for the ‘Two and Two’ Category

Federal Reserve and Credit Karma statistics

On August 6, the Federal Reserve said, “Revolving credit decreased at an annual rate of 9-1/2 percent, and nonrevolving credit was about unchanged.” On August 11, Credit Karma reported, “Nationally, credit card debt amongst consumers with a credit card decreased by one percent since June 2010. However, credit card debt is up nearly 14 percent [...]

Average FICO credit score missing

Just when Wikipedia gets its act together, the average FICO credit score goes missing. In the first story of Two and Two (a new section on creditscoring.com), questions are posed to FICO.  The median, the mean, the CEO, and an absent Experian all play their parts. Things just don’t add up.  How is America supposed to know where it [...]