Last month, the average homebuyer's credit score was at its lowest level in at least four years http://finance.yahoo.com/news/average-homebuyer-credit-score-dropped-110051065.html
I have heard about credit scores for years, what are they? I don't use credit cards, don't even own one, I use debit cards but they never have more than $2,000 on them for safety. If I buy rental property, I use other paid off property as collateral. At a age where I simple don't buy much, am sure other Baby Boomers are same way and why economy slowing down cause "our kids" not like us in working hard in beginning of life due to the fact that Baby Boomers not buying much. I think Baby Boomers had less children than our parents generation. So was credit score more likely an aid for creditors to monitor Baby Boomers kids?