| Having bad credit in our society today is not good. | | | | skyrocketing before we will see a downslide in prices. |
| More and more companies are requesting credit | | | | This could take months and even years before we |
| scores on people who requests their services. | | | | see a relief. |
| You cannot buy an automobile nor a house with bad | | | | Take credit cards for instance. People should no longer |
| credit. The financial institution who is financing the | | | | be using their credit cards during this economic crisis. |
| automobile and/or the house need to know that you | | | | You need to apply careful planning to reduce your |
| pay your bills and and how prompt you are in paying | | | | household debt. |
| your bills. Your credit score gives these companies | | | | If you have bad credit, your options for getting a loan |
| that information. You cannot rent a house without a | | | | to help recover your credit is slim. Bad credit stays |
| credit check anymore. | | | | with you for years. People with bad credit need to plan |
| Recently, President George W. Bush, authorized the | | | | a budget and stick to it. Getting help with our economy |
| U.S. Treasury to release funds to these huge federal | | | | like it is, will be non-existent. |
| banks because of delinquent mortgages. Fannie Mae, | | | | Our choice of U.S. president during the coming term, is |
| Fannie Mack and A.I.G. to name a few. | | | | not good. Personally, I do not think that Mr. Barrack |
| The ability to finance something that you are buying is | | | | Obama nor Mr. John McCain has the integrity or know |
| going to be difficult. Companies are looking at absolute | | | | how to pull our economy back together. In fact, they |
| "no risk" loans. If you have bad credit, you will only be | | | | both contributed to this nightmare that we are in. |
| wasting your time and that of the company. | | | | If you have bad credit, it will be at least 5 years before |
| The time has come where we as U.S. citizens are | | | | you will see any change. Take the first step by setting |
| going to have to tighten our budgets. There will be | | | | up a budget plan, limit unnecessary spending then see |
| families using a budget plan that never had to have | | | | what happens. |
| one before. Commodities are going to keep | | | | |