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· The median credit score in the city is the lowest on our list at 552, a bad credit score that would making obtaining a mortgage all but impossible. Detroit has a per capita debt burden of $8,000, a figure that is likely to increase as it struggles to right its economy.
· As the subprime market has unraveled and homes have gone into foreclosure, the homeownership rate has declined from its peak of 69 percent.
At a macro level, consumer confidence remains strong and demand remains solid. And the outlook for corporate travel is positive. In our most recent survey. and Beijing market, which has occurred.
Annual Survey Reveals That Consumer Knowledge about Credit Scores Has Steadily Declined over the Past Eight Years The ninth annual credit score survey, released today by the Consumer Federation of America (CFA) and VantageScore Solutions, LLC, shows that consumer knowledge about credit scores is at the lowest level in the past eight years.
View Consumer Federation of America (www.consumerfed.org) location in District of Columbia, United States , revenue, industry and
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