Here’s a shocker — Michael Jackson had an abysmally low credit score.
TMZ reports that in 2007, Michael Jackson’s average credit score was 563.67 (Equifax 592, Transunion: 524, Experian: 575) which most experts consider very low. (According to creditreport.com, the average credit rating for people in California is 672.)
The reasons for MJ’s credit woes … We’re told he was dinged for several reasons, including:
– A derogatory public record or collection filed
– The amount owed on delinquent accounts
– Number of accounts with delinquency
– Too many inquiries in the last 12 months

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