7min chapter

Bloomberg Businessweek cover image

US Weighs Response to Deadly Drone Attack as Iran Denies Role

Bloomberg Businessweek

CHAPTER

Consumer Credit Health and Concerns

The chapter discusses the measurement of consumer credit health using the VantageScore, which currently stands at 701. It highlights concerns regarding increasing credit card balances and late loan payments, indicating a potential credit hangover after excessive spending. The chapter also addresses the impact of student loans on credit scores and the potential benefits of using VantageScores for mortgages.

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