Gannett and the 25.5 percent under 600 FICO credit score statistic

From: Greg Fisher
Sent: Monday, March 14, 2011
To: Susan Tompor, columnist, Detroit Free Press
Subject: Credit scores fall, Detroit Free Press

You wrote: “Consumer credit scores sank to new lows after the recession.  FICO disclosed that 25.5 percent of consumers – nearly 43.4 million people – had a credit score of 599 or below, which means they’re deemed poor risks and either won’t get loans or will pay very dearly for credit cards, car loans or mortgages.”

What is the name of the person who—or what document—is your source for that statistic?

See this message and your reply at https://blog.creditscoring.com/?tag=25-5-percent.

—
Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio  45409-0342

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