Being in the financial sector myself, let me tell you all a truism. People with bad credit have bad credit for a reason; They don't pay their bills!! It is not rocket science to figure that out. There are many reasons why somebody can have bad credit. Be it job loss, medical issues, bad spending habits, or just not giving a crap about paying your debts. When the big bad bankers were forced to loosen their credit standards to facilitate Clinton's community Wet dream, what did people think would happen? Now, we all will have to pay for it. Actually not all of us, just those in the top 50% income bracket. That same group of people that not only pay for everything else in America, but also tend to have the best credit scores.