Vantage Score Overview - Vantage Score is a leading national credit score established approximately 20 years ago by Experian, Equifax, and TransUnion [2] - Over 220 million people use Vantage Score to check their credit score [3] - Vantage Score utilizes alternative data like rental payment history, giving credit to consumers who pay rent on time, unlike some competitors [3] K-Shaped Economy Impact - The dominant theme is the K-shaped economy, with higher and middle-income consumers continuing to shop while lower-income consumers are not shopping as much [5] - Higher and middle-income consumers' late payments have dropped in three of the last four months, while lower-income consumers' delinquencies have increased [7] - Homeownership is a significant driver of the K-shape, as homeowners have more of a cushion and are not as exposed to rising rent [8] Consumer Sentiment and Credit Health - The average Vantage Score was 701 through the end of October, indicating overall healthy credit for the average consumer [12] - However, this average masks the divergence between high and low-income consumers, with many lower-income consumers facing challenges [13] - Lowering interest rates and a resurgent housing market could help lower-income consumers [14] Future Outlook - Vantage Score aims to expand homeownership opportunities to millions more consumers [9] - Retail and consumer spending make up two-thirds of the US economy, and home purchases tend to stimulate spending in other areas [10]

One of the most powerful things that I think Charlie got absolutely and precisely right was the plight of young people, meaning the malaise and the anxiety and what was at the root cause of it. At the root cause in the way people think and now in the way people act is economic instability. Charlie does a really good job of very precisely putting it into a box what they're going through.the lack of home ownership, the overwhelming and just crushing debt, the failure of the school system, the inability to fin ...

Mr. . Speaker, do you think that that JP Pal uh is going to be around till till May. I we're trying to figure out exactly what how to uh how to handicap that at this point.Do you think he should be around in May. Is there um I guess people that wish that he wouldn't if he would resign, that's probably would be easier or that's probably not going to happen though. What do you think.How does this play out in your view. Um I'm as anxious to see how that plays out as you are. I will tell you that the sentiment ...