Blog Archive

Blog Archive

Tuesday, September 28, 2010

postheadericon Credit crisis

In the month of August, Americans lost access to nearly $400 billion in revolving credit, which does not include another $2 trillion in available credit that has disappeared since the beginning of this financial crisis.

To compound these problems, an estimated one-third of Americans have a credit score under 650, which includes 25 percent of Americans with a credit score under 600.

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