Annual Survey Reveals that Consumer Knowledge about Credit Scores has Steadily Declined Over the Past Eight Years

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Annual Survey Reveals that Consumer Knowledge about Credit Scores has Steadily Declined Over the Past Eight Years Consumers Can Increase Their Credit Score Knowledge by Taking the Credit Score Quiz ( CreditScoreQuiz.org ) Washington, D.C.

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Annual Survey Reveals That Consumer Knowledge about Credit Scores Has Steadily Declined over the Past Eight Years WASHINGTON–(BUSINESS WIRE)–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.

Consumers Can Increase Their Credit Score Knowledge by Taking the Credit Score Quiz (CreditScoreQuiz.org)Washington, D.C. – 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.

Washington, DC – The sixth annual credit score knowledge survey, released today by the Consumer Federation of America (CFA) and VantageScore Solutions, LLC, reveals that a large majority of consumers (over 80%) know the basic facts about credit scores: Credit scores are used by mortgage lenders (88%) and credit card issuers (87%).

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The total amount of consumer credit has been increasing steadily in recent years. The following table gives the total outstanding consumer credit? (in billions of? dollars). answer parts? (a) through? (e) below. – 2309423