People With the Best & Worst Credit Get Access to More Cash

The credit reporting bureau Experian has put together a interesting infographic that mashes together a number of telling macro-economic trends, and correlates them to recent changes in the credit card market. Foreclosures are rising but home prices are still hurting. Meanwhile unemployment is still high. Nevertheless, people are spending more money — shopping, eating out and buying cars. And Experian is seeing some changes in the volume of credit being offered on credit cards (they call them bankcards), particularly at the margins — meaning people with really good credit and people with really bad credit are getting access to more money.

Source: Experian

You Might Also Like

Experian Credit Score vs. FICO® Score

Experian is a credit reporting agency. It also offers consumer cr... Read More

March 7, 2023

Credit Score

How Often Can You Check Your Credit Score, and How Do You Get It?

Do you keep a close eye on your personal finances? Or maybe youâ€... Read More

January 4, 2021

Credit Score

How Much Does One Late Payment Affect Credit Scores?

If you’re serious about your credit score, you need to pay your... Read More

September 29, 2020

Credit Score