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Canadians score better than Americans on credit

<br><br>The number of Americans with bad credit continues to rise. Is there any reason to believe Canadian credit is better? New statistics from U.S. credit agency FICO show about 25% of American consumers now have a credit score below 600 -- anyone below this is considered a high-risk borrower. Credit score determines whether a consumer gets credit and at what rate. <br><br>

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The number of Americans with bad credit continues to rise. Is there any reason to believe Canadian credit is better? New statistics from U.S. credit agency FICO show about 25% of American consumers now have a credit score below 600 -- anyone below this is considered a high-risk borrower. Credit score determines whether a consumer gets credit and at what rate.