Comments on: Are you in favor of lowering the standards of credit scores to help the economy? http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/ Free Credit and Debt Information Fri, 10 Feb 2012 15:32:10 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Steve qa http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/comment-page-1/#comment-765 Steve qa Mon, 11 May 2009 02:02:19 +0000 http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/#comment-765 Well, first of all a group top economist today said that the economy is due to recover in the first quarter of 2009, and the results will be seen when the numbers come out in march at 3.7% growth. People borrowing money that can't pay it is bad, and the interest debt could cause the end of the middle class the same way it did in Mexico. Well, first of all a group top economist today said that the economy is due to recover in the first quarter of 2009, and the results will be seen when the numbers come out in march at 3.7% growth.

People borrowing money that can’t pay it is bad, and the interest debt could cause the end of the middle class the same way it did in Mexico.

]]> By: Daisy♥s Wishin U Happy Holidays! http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/comment-page-1/#comment-764 Daisy♥s Wishin U Happy Holidays! Sun, 10 May 2009 16:44:59 +0000 http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/#comment-764 I'm all for that, and if for the economy to improve people need to be able to spend, I think it would work. Where I was living they checked credit for everything ... jobs, rentals, etc. in addition for loans, credit cards and the normal stuff. Surprisingly, a girl we know received her first Visa Card about 2 days after turning 18. She didn't even apply for it, and only works part time ... for the minimum wage. She had been on a co-signed checking account, and they just sent the Visa (only $1,000 ... but still). I guess they want everybody spending. I’m all for that, and if for the economy to improve people need to be able to spend, I think it would work. Where I was living they checked credit for everything … jobs, rentals, etc. in addition for loans, credit cards and the normal stuff.

Surprisingly, a girl we know received her first Visa Card about 2 days after turning 18. She didn’t even apply for it, and only works part time … for the minimum wage. She had been on a co-signed checking account, and they just sent the Visa (only $1,000 … but still). I guess they want everybody spending.

]]> By: Dianne G http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/comment-page-1/#comment-763 Dianne G Fri, 08 May 2009 16:06:36 +0000 http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/#comment-763 sounds good...but pocket protectorate has a point!!! sounds good…but pocket protectorate has a point!!!

]]> By: Pocket Protectorate http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/comment-page-1/#comment-762 Pocket Protectorate Tue, 05 May 2009 09:54:00 +0000 http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/#comment-762 Sure...(but the other side of the coin would be...) That it might worsen the economy because it would cause millions of more people getting into debt up to their eyeballs, and... ...nuf said... Sure…(but the other side of the coin would be…)

That it might worsen the economy because it would cause millions of more people getting into debt up to their eyeballs, and…

…nuf said…

]]> By: Steve R http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/comment-page-1/#comment-761 Steve R Sun, 03 May 2009 11:57:26 +0000 http://creditconnectpro.com/are-you-in-favor-of-lowering-the-standards-of-credit-scores-to-help-the-economy/331/#comment-761 That sounds like a great idea That sounds like a great idea

]]>