Posted inEconomy

US Consumer Credit Profiles Diverge as Both Low- and High-Risk Borrowers Rise

By Rob Sabo The number of borrowers with excellent credit scores increased to nearly 41 percent in the third quarter, but the number of high-risk subprime borrowers was also up, credit reporting agency TransUnion reported on Nov. 3. The number of super prime borrowers—low-risk consumers with great credit scores—increased by 3.8 percent, or approximately 16 […]