Comments on: When Having Bad Credit Isn’t Your Fault http://www.creditinfocenter.com/wordpress/2009/09/29/when-having-bad-credit-isnt-your-fault/ For the Up To Date News Tue, 07 Feb 2012 22:26:40 +0000 hourly 1 http://wordpress.org/?v= By: Nancy Tossell http://www.creditinfocenter.com/wordpress/2009/09/29/when-having-bad-credit-isnt-your-fault/comment-page-1/#comment-3428 Nancy Tossell Thu, 03 Dec 2009 21:46:43 +0000 http://www.creditinfocenter.com/wordpress/?p=4189#comment-3428 In working with people and their credit, we have seen numerous situations as to the cause of being in bad financial shape. There are those who are victims and don't take responsibility for their actions. We elect not to work with them due to the fact that they can get in financial trouble no matter how the economy is performing. However, this economy is really different from anything we've seen in decades. Some of our clients were doing the right thing but have been caught in an unprecedented real estate slide along with record unemployment. The biggest frustration is how once a person runs into credit problems; the system makes it so difficult for them to get back on their feet. It is this putative approach that will make pulling out of this financial mess that longer than perhaps it needs to. In working with people and their credit, we have seen numerous situations as to the cause of being in bad financial shape. There are those who are victims and don’t take responsibility for their actions. We elect not to work with them due to the fact that they can get in financial trouble no matter how the economy is performing. However, this economy is really different from anything we’ve seen in decades.

Some of our clients were doing the right thing but have been caught in an unprecedented real estate slide along with record unemployment. The biggest frustration is how once a person runs into credit problems; the system makes it so difficult for them to get back on their feet. It is this putative approach that will make pulling out of this financial mess that longer than perhaps it needs to.

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