Feb
18
Credit Ratings Foreclosure
Filed Under Foreclosure
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If his approval to the rescue of the banks, can not remove the marks of foreclosures consumer credit reports?
Many Americans not only lost their homes, but also has damaged their credit ratings. Many paid all their credit cards on time, but were unable to pay their mortgages. It would be unfair that the governor allow criminals marks to be removed from our credit reports so we can buy houses again? Banks are getting a break. Why not us?
That's an interesting thought. It is not a government decision, credit scores are generated by private companies, and companies break even for the rescue.
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