There are so many things going on in the world of finance right now. I know that you are hearing about things like:
And there are a hundred more…
Driving home this afternoon I was behind a small SUV that had an advertisement for a “credit repair” firm on the back. And that was specifically what the sign said:
Get the “Good CREDIT” you DESERVE
And as I drove along, I was thinking about that… it brought up a point:
Do you DESERVE good credit?
Ken Cook, not the weatherguy, is one of the Mortgage guys that I call. He is an outspoken critic of bad practices in the Mortgage Industry… as well as being a veritable library of information for consumers.
Yesterday, Ken posted
I have been looking at the impacts from the proposed bailout… I see three possibilities: