The Truth behind the Surge in Credit Scores During the Pandemic Uncovered
Wednesday, 8 May 2024, 19:09
Credit Score Surge during Pandemic
Pandemic-era policies led to a notable increase in consumer credit scores, creating a concerning trend.
Consequences for Borrowers
- Many borrowers are now facing challenges in repaying their debts due to inflated credit scores.
Understanding the 'artificially higher' credit scores is crucial for assessing the financial health of consumers.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.