Comment on As consumer credit scores plunged in 2008-2009, lenders raised their standards

As consumer credit scores plunged in 2008-2009, lenders raised their standards

How big a whack did your credit score take during the grim years of economic distress following the housing bust? Was it 20 points, 50 points, 100 points — or maybe no drop at all? These are key questions affecting millions of potential home buyers who hope to qualify for mortgages as well as current owners looking to refinance.

 

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