Bad Credit

Bad Credit ELECTRONIC CALCULATOR Fime Date The best-known and most widely used credit score model in the United States, the FICO score, is calculated statistically, with information from a consumer's credit files. Makeup of the FICO score M+ 35%-Payment history 30% Credit utilization 10%- Types of credit used 10%-Recent search for credit 15% – Length of credit history A FICO score is between 300 and 850, exhibiting a left-skewed distribution with 60% of scores near the right between 650 and 799. According to FICO the median score is 723. Minnesota traditionally has the best and highest credit scores. It is closely followed by the Dakotas, with average credit scores at around 720. Housing in these states is cheaper in comparison to home prices in other states, leading to lower foreclosure rates. Nevada has the worst bad credit statistics with an average of 670. Other states that rank poorly are Texas, Louisiana, Mississippi, and South Carolina. The average family carries a balance of between $7,000 and $10,000 on all their credit cards. Theaverage family pays over $1,000 in Interest every year. Overall, Americans spend over $1 trillion every year on their credit cards and owe more than $500 billon of it. 14% of the U.S. population uses at least 50% of their available credit card limits. These users carry an average of 6.6 credit cards each. The national average credit scores for people with 50% utilization or higher is 645, compared to the overall national average of 674. AMERIGAN EXPRESS 3757 00001 86 61 million people have subprime credit scores (500-649). 99 million people have prime credit scores (651-749). 12 million have superprime credit scores (750-800+). AMERICAN OCPRODS 48.9 million American Express cards 3757 00001 MasterCard. 171 million MasterCard credit cards 5412 7512 3412 CARDHOLBER Debit MasterCard BusinessCard 123 million MasterCard debit cards 412 7512 3412 -COMPANY, INC VISA 269 million Visa credit cards 000 00n2 3456 7e9 Visa Debit 397 million Visa debit cards 4000 0123 4567 8910 DAVID LE 12/12 VISA Those aged 30 to 39 have the highest number of late payments in any given year. Those aged 50 to 59 have the highest amount of debt, around $21,000, not including mortgages. Those aged 70 or older use credit cards the least, around 13%. Sources: http://en.wikipedia.org/wiki/Credit_score_(United_States) http://www.idcredit.org/credit-information/bad-credit/bad-credit-statistics-us-state.html http://www.solveyourproblem.com/debt-free/credit_card_statistics_and_balances.shtml http://thyblackman.com/2011/03/10/credit-card-debt% E2%80%995-mighty-grip-on-black-america/ Bad Credit ELECTRONIC CALCULATOR Fime Date The best-known and most widely used credit score model in the United States, the FICO score, is calculated statistically, with information from a consumer's credit files. Makeup of the FICO score M+ 35%-Payment history 30% Credit utilization 10%- Types of credit used 10%-Recent search for credit 15% – Length of credit history A FICO score is between 300 and 850, exhibiting a left-skewed distribution with 60% of scores near the right between 650 and 799. According to FICO the median score is 723. Minnesota traditionally has the best and highest credit scores. It is closely followed by the Dakotas, with average credit scores at around 720. Housing in these states is cheaper in comparison to home prices in other states, leading to lower foreclosure rates. Nevada has the worst bad credit statistics with an average of 670. Other states that rank poorly are Texas, Louisiana, Mississippi, and South Carolina. The average family carries a balance of between $7,000 and $10,000 on all their credit cards. Theaverage family pays over $1,000 in Interest every year. Overall, Americans spend over $1 trillion every year on their credit cards and owe more than $500 billon of it. 14% of the U.S. population uses at least 50% of their available credit card limits. These users carry an average of 6.6 credit cards each. The national average credit scores for people with 50% utilization or higher is 645, compared to the overall national average of 674. AMERIGAN EXPRESS 3757 00001 86 61 million people have subprime credit scores (500-649). 99 million people have prime credit scores (651-749). 12 million have superprime credit scores (750-800+). AMERICAN OCPRODS 48.9 million American Express cards 3757 00001 MasterCard. 171 million MasterCard credit cards 5412 7512 3412 CARDHOLBER Debit MasterCard BusinessCard 123 million MasterCard debit cards 412 7512 3412 -COMPANY, INC VISA 269 million Visa credit cards 000 00n2 3456 7e9 Visa Debit 397 million Visa debit cards 4000 0123 4567 8910 DAVID LE 12/12 VISA Those aged 30 to 39 have the highest number of late payments in any given year. Those aged 50 to 59 have the highest amount of debt, around $21,000, not including mortgages. Those aged 70 or older use credit cards the least, around 13%. Sources: http://en.wikipedia.org/wiki/Credit_score_(United_States) http://www.idcredit.org/credit-information/bad-credit/bad-credit-statistics-us-state.html http://www.solveyourproblem.com/debt-free/credit_card_statistics_and_balances.shtml http://thyblackman.com/2011/03/10/credit-card-debt% E2%80%995-mighty-grip-on-black-america/ Bad Credit ELECTRONIC CALCULATOR Fime Date The best-known and most widely used credit score model in the United States, the FICO score, is calculated statistically, with information from a consumer's credit files. Makeup of the FICO score M+ 35%-Payment history 30% Credit utilization 10%- Types of credit used 10%-Recent search for credit 15% – Length of credit history A FICO score is between 300 and 850, exhibiting a left-skewed distribution with 60% of scores near the right between 650 and 799. According to FICO the median score is 723. Minnesota traditionally has the best and highest credit scores. It is closely followed by the Dakotas, with average credit scores at around 720. Housing in these states is cheaper in comparison to home prices in other states, leading to lower foreclosure rates. Nevada has the worst bad credit statistics with an average of 670. Other states that rank poorly are Texas, Louisiana, Mississippi, and South Carolina. The average family carries a balance of between $7,000 and $10,000 on all their credit cards. Theaverage family pays over $1,000 in Interest every year. Overall, Americans spend over $1 trillion every year on their credit cards and owe more than $500 billon of it. 14% of the U.S. population uses at least 50% of their available credit card limits. These users carry an average of 6.6 credit cards each. The national average credit scores for people with 50% utilization or higher is 645, compared to the overall national average of 674. AMERIGAN EXPRESS 3757 00001 86 61 million people have subprime credit scores (500-649). 99 million people have prime credit scores (651-749). 12 million have superprime credit scores (750-800+). AMERICAN OCPRODS 48.9 million American Express cards 3757 00001 MasterCard. 171 million MasterCard credit cards 5412 7512 3412 CARDHOLBER Debit MasterCard BusinessCard 123 million MasterCard debit cards 412 7512 3412 -COMPANY, INC VISA 269 million Visa credit cards 000 00n2 3456 7e9 Visa Debit 397 million Visa debit cards 4000 0123 4567 8910 DAVID LE 12/12 VISA Those aged 30 to 39 have the highest number of late payments in any given year. Those aged 50 to 59 have the highest amount of debt, around $21,000, not including mortgages. Those aged 70 or older use credit cards the least, around 13%. Sources: http://en.wikipedia.org/wiki/Credit_score_(United_States) http://www.idcredit.org/credit-information/bad-credit/bad-credit-statistics-us-state.html http://www.solveyourproblem.com/debt-free/credit_card_statistics_and_balances.shtml http://thyblackman.com/2011/03/10/credit-card-debt% E2%80%995-mighty-grip-on-black-america/ Bad Credit ELECTRONIC CALCULATOR Fime Date The best-known and most widely used credit score model in the United States, the FICO score, is calculated statistically, with information from a consumer's credit files. Makeup of the FICO score M+ 35%-Payment history 30% Credit utilization 10%- Types of credit used 10%-Recent search for credit 15% – Length of credit history A FICO score is between 300 and 850, exhibiting a left-skewed distribution with 60% of scores near the right between 650 and 799. According to FICO the median score is 723. Minnesota traditionally has the best and highest credit scores. It is closely followed by the Dakotas, with average credit scores at around 720. Housing in these states is cheaper in comparison to home prices in other states, leading to lower foreclosure rates. Nevada has the worst bad credit statistics with an average of 670. Other states that rank poorly are Texas, Louisiana, Mississippi, and South Carolina. The average family carries a balance of between $7,000 and $10,000 on all their credit cards. Theaverage family pays over $1,000 in Interest every year. Overall, Americans spend over $1 trillion every year on their credit cards and owe more than $500 billon of it. 14% of the U.S. population uses at least 50% of their available credit card limits. These users carry an average of 6.6 credit cards each. The national average credit scores for people with 50% utilization or higher is 645, compared to the overall national average of 674. AMERIGAN EXPRESS 3757 00001 86 61 million people have subprime credit scores (500-649). 99 million people have prime credit scores (651-749). 12 million have superprime credit scores (750-800+). AMERICAN OCPRODS 48.9 million American Express cards 3757 00001 MasterCard. 171 million MasterCard credit cards 5412 7512 3412 CARDHOLBER Debit MasterCard BusinessCard 123 million MasterCard debit cards 412 7512 3412 -COMPANY, INC VISA 269 million Visa credit cards 000 00n2 3456 7e9 Visa Debit 397 million Visa debit cards 4000 0123 4567 8910 DAVID LE 12/12 VISA Those aged 30 to 39 have the highest number of late payments in any given year. Those aged 50 to 59 have the highest amount of debt, around $21,000, not including mortgages. Those aged 70 or older use credit cards the least, around 13%. Sources: http://en.wikipedia.org/wiki/Credit_score_(United_States) http://www.idcredit.org/credit-information/bad-credit/bad-credit-statistics-us-state.html http://www.solveyourproblem.com/debt-free/credit_card_statistics_and_balances.shtml http://thyblackman.com/2011/03/10/credit-card-debt% E2%80%995-mighty-grip-on-black-america/ Bad Credit ELECTRONIC CALCULATOR Fime Date The best-known and most widely used credit score model in the United States, the FICO score, is calculated statistically, with information from a consumer's credit files. Makeup of the FICO score M+ 35%-Payment history 30% Credit utilization 10%- Types of credit used 10%-Recent search for credit 15% – Length of credit history A FICO score is between 300 and 850, exhibiting a left-skewed distribution with 60% of scores near the right between 650 and 799. According to FICO the median score is 723. Minnesota traditionally has the best and highest credit scores. It is closely followed by the Dakotas, with average credit scores at around 720. Housing in these states is cheaper in comparison to home prices in other states, leading to lower foreclosure rates. Nevada has the worst bad credit statistics with an average of 670. Other states that rank poorly are Texas, Louisiana, Mississippi, and South Carolina. The average family carries a balance of between $7,000 and $10,000 on all their credit cards. Theaverage family pays over $1,000 in Interest every year. Overall, Americans spend over $1 trillion every year on their credit cards and owe more than $500 billon of it. 14% of the U.S. population uses at least 50% of their available credit card limits. These users carry an average of 6.6 credit cards each. The national average credit scores for people with 50% utilization or higher is 645, compared to the overall national average of 674. AMERIGAN EXPRESS 3757 00001 86 61 million people have subprime credit scores (500-649). 99 million people have prime credit scores (651-749). 12 million have superprime credit scores (750-800+). AMERICAN OCPRODS 48.9 million American Express cards 3757 00001 MasterCard. 171 million MasterCard credit cards 5412 7512 3412 CARDHOLBER Debit MasterCard BusinessCard 123 million MasterCard debit cards 412 7512 3412 -COMPANY, INC VISA 269 million Visa credit cards 000 00n2 3456 7e9 Visa Debit 397 million Visa debit cards 4000 0123 4567 8910 DAVID LE 12/12 VISA Those aged 30 to 39 have the highest number of late payments in any given year. Those aged 50 to 59 have the highest amount of debt, around $21,000, not including mortgages. Those aged 70 or older use credit cards the least, around 13%. Sources: http://en.wikipedia.org/wiki/Credit_score_(United_States) http://www.idcredit.org/credit-information/bad-credit/bad-credit-statistics-us-state.html http://www.solveyourproblem.com/debt-free/credit_card_statistics_and_balances.shtml http://thyblackman.com/2011/03/10/credit-card-debt% E2%80%995-mighty-grip-on-black-america/ Bad Credit ELECTRONIC CALCULATOR Fime Date The best-known and most widely used credit score model in the United States, the FICO score, is calculated statistically, with information from a consumer's credit files. Makeup of the FICO score M+ 35%-Payment history 30% Credit utilization 10%- Types of credit used 10%-Recent search for credit 15% – Length of credit history A FICO score is between 300 and 850, exhibiting a left-skewed distribution with 60% of scores near the right between 650 and 799. According to FICO the median score is 723. Minnesota traditionally has the best and highest credit scores. It is closely followed by the Dakotas, with average credit scores at around 720. Housing in these states is cheaper in comparison to home prices in other states, leading to lower foreclosure rates. Nevada has the worst bad credit statistics with an average of 670. Other states that rank poorly are Texas, Louisiana, Mississippi, and South Carolina. The average family carries a balance of between $7,000 and $10,000 on all their credit cards. Theaverage family pays over $1,000 in Interest every year. Overall, Americans spend over $1 trillion every year on their credit cards and owe more than $500 billon of it. 14% of the U.S. population uses at least 50% of their available credit card limits. These users carry an average of 6.6 credit cards each. The national average credit scores for people with 50% utilization or higher is 645, compared to the overall national average of 674. AMERIGAN EXPRESS 3757 00001 86 61 million people have subprime credit scores (500-649). 99 million people have prime credit scores (651-749). 12 million have superprime credit scores (750-800+). AMERICAN OCPRODS 48.9 million American Express cards 3757 00001 MasterCard. 171 million MasterCard credit cards 5412 7512 3412 CARDHOLBER Debit MasterCard BusinessCard 123 million MasterCard debit cards 412 7512 3412 -COMPANY, INC VISA 269 million Visa credit cards 000 00n2 3456 7e9 Visa Debit 397 million Visa debit cards 4000 0123 4567 8910 DAVID LE 12/12 VISA Those aged 30 to 39 have the highest number of late payments in any given year. Those aged 50 to 59 have the highest amount of debt, around $21,000, not including mortgages. Those aged 70 or older use credit cards the least, around 13%. Sources: http://en.wikipedia.org/wiki/Credit_score_(United_States) http://www.idcredit.org/credit-information/bad-credit/bad-credit-statistics-us-state.html http://www.solveyourproblem.com/debt-free/credit_card_statistics_and_balances.shtml http://thyblackman.com/2011/03/10/credit-card-debt% E2%80%995-mighty-grip-on-black-america/