statistics

Discussion in 'Credit Talk' started by roni, Jan 14, 2001.

  1. roni

    roni Well-Known Member

    Does anyone remember or know what % of Americans have bad credit?

    roni
     
  2. A New One

    A New One Guest

    I just read somewhere where:

    1% have a Fico score of 499 or less
    5% have are from 500-549
    7% are from 550-599
    11% are from 600-649
    16% are from 650-699
    20% are from 700-749
    29% are from 750-799
    and 11% are 800+

    I really dont believe this though cuz everyone I know has something wrong with their credit. Source - Time Magazine last week, page 144. (Drugs of the Future on the cover.)
     
  3. Larry

    Larry Guest

    I would say that "Time Magazine" printed their %(ages) backward. :)
     

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