In April more than a quarter of Americans, or 43.4 million people, had credit scores below 600 — 10 percent more people than the norm, according to FICO Inc.  

Following a $14.9 billion drop in April, this represents a decline for the fourth consecutive month.

WASHINGTON (MarketWatch) -U.S. consumers shed some of their debt for the fourth month in a row in May, the Federal Reserve reported Thursday. Total seasonally adjusted consumer debt fell $9.15 billion, or a 4.5% annualized rate, in May to $2.42 trillion. Economists expected a decline. The series is very volatile. April consumer credit was revised sharply lower to a decline of $14.86 billion ...

Consumer borrowing likely fell again in May following rare increase in April Credit - Home - Personal Finance - Money Management - Business

LONDON (MarketWatch) -- British lenders approved 49,815 mortgages for house purchases in May, little changed from 49,828 in April, the Bank of England reported Tuesday. Total net lending to individuals rose by 1.5 billion pounds ($2.3 billion), for an annual growth rate of 0.9% versus 0.8% in April. The three-month annualized growth rate was 0.8% in May, down from 1% in April. Consumer credit ...