
According to recent data released by Experian nearly 1 in 3 consumers – or 30% of those included in the analysis – have a subprime score, but this population has shrunk by 12% since 2020. These individuals have an average of $4,592 in credit card debt, $19,106 in auto-debit, and 2.6 credit card accounts. And those with low scores between 300 and 600 are most likely to be denied access to lending. This struggle is often felt by those who are young, new, and on their own. However, due to the ups and downs felt across the globe over the […]
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