Amex remains the issuer with the largest
proportion of high credit score accounts, and the lowest proportion of low score accounts.
Not exact matches
He estimates that approximately 25 %
of all loans issued in Canada are to people with low
credit scores, and while he believes people with
higher credit scores will make up a growing
proportion of Canada Drives» customer base going forward, he has built a business (and brand) around an ability to get that 25 % into cars.
However, with utilization on the
higher side — say, more than 25 percent — the removal
of the closed card's limit can cause those remaining balances to make up a larger
proportion of your available
credit, increase your utilization percentage, and lower your
score.
Considering that a
high proportion of Americans have low
credit scores (below 600), it is important for people to try to increase their
credit scores when there is a simple route to doing so.
However, the
proportion of respondents with
credit scores less than 680 who were rejected was more than three times
higher at 26 percent.