Credit Repair – Is it Worth Doing With the Current State of the Economy?
The media will have you believe that lending does not exist, and that all institutions that lend money have dropped from the face of the earth but that is far from the truth. In fact I can tell you from firsthand knowledge that the credit market is still alive and well. Now don’t get me wrong, the credit market has changed but it is still around. Before the financial crisis anyone or thing that had a pulse could get approved for car and home loans. The difference now is that lenders have raised their credit standards to assist them with offsetting the amount of risk they take when borrowing money. Car and home lenders are still lending billions of dollars on an annual basis but now your credit rating has to be higher than what the old credit standards called for. This is why credit repair is not only worth doing right now but it’s more important than ever before. Many folks that could previously get approved are now finding that they don’t qualify for decent loan terms and the reason i
