topic Think US default levels are high? New credit defaults in Ireland hit 10% in Credit in the News

topic Think US default levels are high? New credit defaults in Ireland hit 10% in Credit in the News https://ficoforums.myfico.com/t5/Credit-in-the-News/Think-US-default-levels-are-high-New-credit-defaults-in-Ireland/m-p/5150394#M17295 <P><A href="http://www.fico.com/en/blogs/collections-recovery/fico-data-warning-signs-for-new-card-accounts-in-ireland/" target="_blank">Came across this tidbit from FICO themselves</A> that notes a 10% default rate on new (less than 12 months) Irish credit accounts. 1 in 10 people?  Yikes. </P> Tue, 30 Jan 2018 20:55:30 GMT DeeBee78 2018-01-30T20:55:30Z Think US default levels are high? New credit defaults in Ireland hit 10% https://ficoforums.myfico.com/t5/Credit-in-the-News/Think-US-default-levels-are-high-New-credit-defaults-in-Ireland/m-p/5150394#M17295 <P><A href="http://www.fico.com/en/blogs/collections-recovery/fico-data-warning-signs-for-new-card-accounts-in-ireland/" target="_blank">Came across this tidbit from FICO themselves</A> that notes a 10% default rate on new (less than 12 months) Irish credit accounts. 1 in 10 people?  Yikes. </P> Tue, 30 Jan 2018 20:55:30 GMT https://ficoforums.myfico.com/t5/Credit-in-the-News/Think-US-default-levels-are-high-New-credit-defaults-in-Ireland/m-p/5150394#M17295 DeeBee78 2018-01-30T20:55:30Z