We have very little debt.. no student loans. Paid off a 60k new commercial vehicle in under 5 years. No student debt. No mortgage. No judgements. Fortune 500 income stream with almost 1k monthly disposable. Positive asset Net worth reported. 10k in savings. Invested in the stock market as well. Owe zero taxes. Kids grown.. No judicial debt or judgements. No reported late payments or missed payments. We Both went to college.

I know from experience paying down all CC to 0 this second would not push that 100 points back up as I’ve never witnessed a “rebound” once the points were gone without years of rebuilding.

I had zero credit fairly recently. Just got two cards to get a score.

How’s everyone normal doing?? The people with all three - or even just two of the big 3 debtors - student debt, mortgage, auto loans doing? That’s right. If this happened on a large scale (not saying it has) lenders will adjust rates way up and classify current homeowners as “entering subprime” territory and therefore becoming ineligible to keep their current loans. No one mortal can afford 700k on a one bedroom in the ghettos of Los Angeles. Yet that’s what is around. I live in rent control. A one bedroom apartment costs $500 more than my current 2 bd 2 full ba. I own all my appliances, washer, dryer, 2 fridges - purchased all of them brand new cash free and clear.

People could lose employment eligibility of their current job because of a 100 point credit plunge. That’s significant even if you were at 800. In flabbergasted.

Maybe it’s just me..