25% Americans have FICO scores below 599

Greetings everyone, I've come by some information that I thought I'd share with everyone. 25% of Americans have FICO scores below 599. That means that there are a lot of people out there who have a hard time getting credit cards, and an almost impossible struggle getting loans for a vehicle or home.

Now, people who have stricken credit due to a foreclosure from a job loss do not fit in the same category as those who were fiscally irresponsible and were foreclosed on. Rules on credit scores are not mature enough to adequately analyze the reality of today's market. This is why we see people with great jobs and some good savings renting homes because their credit was demolished a couple years ago when they were let go from a job and couldn't afford their home when it took them a year to find similar employment. Loan underwriters need to take into account these situational factors. What do you think about this information and what are your experiences involving good people with bad credit?