Archive for the ‘Credit Facts’ Category
Monday, June 23rd, 2008
Credit scores are the most important aspect that determines your financial future. Carrying a good credit score is an asset and can pave your future towards greener pastures. On the other hand a negative marking on your credit report can be ruinous for your future dreams. However, "There Isn’t Much ...
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Thursday, April 3rd, 2008
If you’re past payment history is poor you may have difficulty obtaining a loan but a reasonable solution may still be well within your reach. Loans for people with bad credit are often available in the lending industry, but finding a suitable deal in the current economy may prove a ...
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Friday, January 11th, 2008
Consumers face an uphill battle when opening a line of credit and many times the lender who seems more than eager to issue a line of credit can turn out to be a wolf in sheep's clothing. Take for example, Household Finance, who was well known to solicit high risk ...
Posted in Credit Facts, Credit Protection | No Comments »
Thursday, June 21st, 2007
The Motley Fool's Credit Center shows some mind-blowing statistics on the current credit card debt situation in the United States:
Total consumer credit: $1.7 trillion.
Credit card debt carried by the average American: $8,562.
Total finance charges Americans paid in 2001: $50 billion.
Percent of U.S. households deemed credit worthy ...
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