rufusmcbufus

A Nation of Mortgage Slaves

Ooooooh...I'm sooooooo scared. As if "credit rating" will mean anything after this is all over. There is a HUGE overemphasis on the "you gotta have a good credit rating" mantra. Face it, it's a dying meme. When 30% of the population sits in a "bad credit" category you'd better believe an enterprising someone will figure out a way to service them. Credit fearmongers beware...rufus is on to you and will make you look stupid.
-rufusmcbufus


On Feb 03 09:29 AM User 105228 wrote:

> Credit may be damaged?!? Credit will be damage and with new stricter
> lending rules you can forget about saving towards a down payment
> on a house you could eventually afford because it is highly unlikely
> you will ever again qualify for a home equity loan with a forclosure
> on your credit history.