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News@lemmy.world · 2 days ago

Credit scores drop at fastest pace since the Great Recession

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Credit scores drop at fastest pace since the Great Recession

return2ozma@lemmy.world to

News@lemmy.world · 2 days ago

Credit scores drop at fastest pace since the Great Recession | CNN Business

The national average FICO score dropped by two points this year, the most since 2009, according to a data released Tuesday by FICO.

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Horsecook@sh.itjust.works
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1 day ago

this feels like a bad time to have debt

It’s a great time to have debt. If you don’t end up imprisoned, killed, or a refugee, massive inflation will make repayment easy.
- 4am@lemmy.zip
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  9 hours ago
  That only makes sense if wages rise to meet massive inflation.
  
  So no, not a good time to have debt.

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