Quote:
Originally posted by FreeHugeMovies
Remember this. Credit is a reflection of YOURSELF. If someone has bad credit do not do business with them.
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That's ridiculous. Good people get into difficult financial circumstances due to factors beyond their control all the time. Divorce, business failures, job displacements, illness, etc.
40% of the credit files in America have bad marks in them by the way so you're suggesting half the country should be left out of the credit markets?
You price credit by risk. Good credit gets better rates, bad credit pays higher rates for the risks assumed by the lender. But you don't just blow off people with credit problems.