The reason that ON AVERAGE, blacks seem to have bad credit is beause you’re basing your AVERAGE black person on the lower end of ecomonically able people(rather than the middle). Let’s say you sample 100 American’s income and find the avg. is $10,700. That means the avg. American income is $10,700, right? All of the 100 people have incomes under $14,000(roughly min. wage). Do you see what’s wrong with this? If you do, then you know the answer to your question. BTW, a lot of college kids get bad credit b/c credit card companies bombard them w/offers figuring most are too immature to spend responsibly and will charge big bills that take them forever to pay off. Every student I know gets no less than 2 or 3 credit offers daily in the mail.