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Credit,does it matter now?

momabiz posted on Sep 30, 2008 | views: 131 | Tags: Debt, credit, bankruptcy, opinion, stop paying
We have learned that we can get credit, build credit and walk away from credit! Say we have 300,000 in house mortgage,cars,credit etc.People can file bankruptcy and wipe it all away! So... this will show up on your credit report. What good is a credit report now? Credit is fixing to be non-available.So tell me why are we even suppose to worry about credit?


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Comments

  • sickntired17 said on Oct 01, 2008....
    MOSTLY EVERTHING IS CREDIT BASED FROM CAR INSURANCE TO RENT A HOME OR BUYING ONE. HAVING GOOD CREDIT WILL SAVE YOU TONS OF MONEY IN ALL AREAS OF YOUR LIFE.

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