Feb
11
Why should credit reports have so much power over people’s lives?
Filed Under Law & Ethics | 6 Comments
Vivianna asked:
If your child has to have an operation and your husband gets laid off and your credit gets ruined because the only option is to file bankruptcy. If your credit is ruined that means you can’t rent or buy a house. Can’t get a job. Pay higher rates for everything from car insurance which is mandatory. Not to mention forget about ever buying car again. So once a person gets their credit ruined how are they supposed to just live their lives?
JULIO
If your child has to have an operation and your husband gets laid off and your credit gets ruined because the only option is to file bankruptcy. If your credit is ruined that means you can’t rent or buy a house. Can’t get a job. Pay higher rates for everything from car insurance which is mandatory. Not to mention forget about ever buying car again. So once a person gets their credit ruined how are they supposed to just live their lives?
JULIO