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1110: Americans Credit Scores Are Crashing - Episode 1110

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Manage episode 453940602 series 1058770
Content provided by Investing in Real Estate with Clayton Morris | Investing for Beginners and Clayton Morris. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Investing in Real Estate with Clayton Morris | Investing for Beginners and Clayton Morris or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Americans’ credit scores have fallen for the first time in a decade. According to a March 2024 report by FICO, “the effects of high interest rates and persistent inflation may be starting to weigh on consumers, especially those already struggling to manage their finances.”
The FICO report found that the national average credit score dipped to 717 in October 2023. Today we're going to talk about what this information means for the consumer, the economy, and how building your financial education can help you if you're struggling with your credit.
  continue reading

1155 episodes

Artwork
iconShare
 
Manage episode 453940602 series 1058770
Content provided by Investing in Real Estate with Clayton Morris | Investing for Beginners and Clayton Morris. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Investing in Real Estate with Clayton Morris | Investing for Beginners and Clayton Morris or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Americans’ credit scores have fallen for the first time in a decade. According to a March 2024 report by FICO, “the effects of high interest rates and persistent inflation may be starting to weigh on consumers, especially those already struggling to manage their finances.”
The FICO report found that the national average credit score dipped to 717 in October 2023. Today we're going to talk about what this information means for the consumer, the economy, and how building your financial education can help you if you're struggling with your credit.
  continue reading

1155 episodes

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