> The FTC press release[1] says "for many offers, almost a third of consumers who applied were in fact denied". That's quite a ways off from 90%. The statistic

> The FTC press release[1] says "for many offers, almost a third of consumers who applied were in fact denied". That's quite a ways off from 90%. The statistics don’t play out that easily - their models may be accurate in aggregate but better or worse for specific offers.