Thanks a lot for sharing this. It's very crucial these days to educate the consumers about such matter. Since a lot of them are financially stress. Obviously our economy and the unemployment rate are large players in why this is occurring, but there isn't really much any person can do about that. Around one quarter of Americans who have active credit scores now have fallen into the lower categories.

I found this here: Lower credit scores and tighter lending standards become the norm

The reason people's scores are falling is that they had plenty of cash to pay all their debts when the economy was good; once it dropped they no longer had money, yet nevertheless had the debt. Many people found themselves quickly with more debt than they had money to pay it off. Although people try to catch up on payments by getting loans and other financial assistance, they end up just adding more debt to their problem.