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Reply #8: it's not the end of the world [View All]

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datasuspect

(1000+ posts) Send PM | Profile | Ignore

Sun Jun-03-07 11:43 AM
Response to Original message

8. it's not the end of the world

Edited on Sun Jun-03-07 11:43 AM by datasuspect

but then again it isn't 15 years ago either.

bad credit marginalizes people a lot more now than it did in the past.

i remember the days of regional credit bureaus. if you had bad credit at one time, you could just move to another state and sometimes start over.

this is no longer the case.

if it gets too bad, there's always texas. they have some of the strongest pro-consumer laws in the US.

in fact, affixing "GTT" (gone to texas) to your door was once considered a de facto form of declaring bankruptcy.

this is a bustout's paradise.

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