Wednesday, April 09, 2008

Travel can be hurt by bad credit too

"Fed weights options on crunch"..."Bush to expand help on mortgages"..."...$1 Trillion in Credit Crisis Losses". These are hitting the headlines of tabloids and newspapers almost every other day. It is so dampening to hear. My friend in the Bay Area, California, was telling me the other day that the waiting period for rental apartments back in the Bay Area can be as long as 3 months. What? More people are turning to rent and not buy because they are unable to get a mortgage with a bad credit rating. It may help those with bad credit loans or bad credit credit cards if they know a website in which they can use to compare other products options and alternatives in credit cards and home loans. Yes, there are still credit card and loan options for people with bad credit ratings. You just need to know where to access these sources. Hopefully, these consumers can apply for the right product and start re-establishing a good credit.

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