“We are now perilously close to a tipping point at which balances become unsustainable and delinquency rates skyrocket, which could lead to a considerable constriction...
Still, lenders are trying to extend their borrowing pool by attracting people with lower credit scores, rekindling not so distant memories of the easy lending...
In addition, the Consumer Federation of America finds that just 57% of people surveyed were aware that their credit score could affect what they pay...