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:
If you’ve been anywhere near a news outlet since sunday, you are probably well aware of the government seizure/take-over/bailout of Fannie Mae and Freddie Mac. Well, we pretty much knew it was coming.
And, as much as I want to write a concise post that sums everything up with a nice neat opinion, I’m afraid that