VantageScore Says Top Credit Tiers See Biggest Increases in Late-Stage Delinquencies
Late-stage delinquency rates increased across all credit scores in July, compared to a year earlier, with the greatest percentage increases seen among the highest credit tiers, according to VantageScore. The credit scoring company said in a Monday (Aug. 25) press release that the rate among consumers with a credit score between 661 and 780 increased 47% year over year, while that among those with a score between 781 and 850 leapt 109%. Smaller increases were seen among consumers with credit s...| PYMNTS.com
