Bankruptcy And Poor Housing Market.
Monday, July 21st, 2008With the way our housing market and the US economy are right now it will be darn hard to find credit or loans for someone who has recently filed for Bankruptcy Services.
Several years ago, five or ten to be specific, it was not hard to find loans for homes or cars or even to get approved for credit cards if you had crummy credit.
However, with a new home owner defaulting on loans every 3 minutes out of the day, the lending industry is finally taking a stand on poor credit scores which is a little too late if you ask me.