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Home » Renters Less Adept with Credit, MBA Study Finds
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Renters Less Adept with Credit, MBA Study Finds

June 9, 2006
Renters are less confident than homebuyers when it comes to credit issues, a new survey by the Mortgage Bankers Association reveals. The trade group poll of more than 1,200 people pointed to a surprisingly high level of credit awareness among consumers in general – with more than 81 percent of homeowners and 65 percent of renters characterizing themselves as “extremely good” financial managers. And, significantly for nonprime lenders, respondents also overwhelmingly reported benefits from debt…
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