Tag Archive | "Credit Risk"

What Are the Real Ramifications Of Bad Credit?

Thursday, August 12, 2010

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What Are the Real Ramifications Of Bad Credit?

The high unemployment rate and foreclosure crisis are serving to hurt the credit scores of millions of Americans. Your credit score is a guage of how lenders view you as a credit risk, and traditionally bad credit was akin to the scarlet letter as illustrated by Nathaniel Hawthorne. However, with so many Americans suffering foreclosures […]

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