Credit Scores Explained
Have you noticed how many advertisements there are these days that have to do with personal credit? On the radio as you drive to work, on television as you are falling asleep, in the newspaper, magazines and on the websites you like to visit - you just can’t get away from them. Personal bankruptcy attorneys, credit counseling agencies, ‘free’ credit reporting services and a host of variations on the above - we are bombarded by these ads daily, just about everywhere we look. And the reason for this is simple: there is a crisis with credit in America.
By some estimates, over 30 million Americans have ‘poor’ or ‘extremely poor’ credit ratings and as we start out 2008, this number is likely to continue to grow. There are many factors that have contributed to this in the last decade, but the bottom line is that if you have been turned down […]
Original post by admin