3 ms·
There is enough correlation between income and credit scores to speak in generalizations. Of course there are exceptions, but generally speaking, there is a gre
by mrinterweb 4y ago
There is enough correlation between income and credit scores to speak in generalizations. Of course there are exceptions, but generally speaking, there is a greater percentage chance lower income people have lower credit scores. It makes sense. Many people with limited financial resources are put into situations where they need to take riskier loans more frequently than those with greater financial resources.
One link of many: https://www.creditsesame.com/blog/credit-score/the-relationship-between-income-and-credit-score/ https://www.creditsesame.com/blog/credit-score/the-relations...