Product DescriptionThis digital document is an article in America's Darien Gap LLC on 15 Published in March 2001. The length of this article has 472 words. The site is presented in detail displayed is based on a typical 300 page Word. The article is delivered in HTML format and is available …
A Reader Asks…
With the country in such a state at the moment I’m sure the banks & mortgage lenders must be worried about payments not being made.
If everyone in the country stopped paying all loans, credit cards etc what would actually happen.
A Reader Asks…
With the economy down and it impossible to get credit. Do you think it is a good idea to lower the credit standards so that it is easier to get credit. For example. Those that currently have high credit scores should be able to pay no interest on any loans. And those that have fair credit scores should enjoy the low interest rates of the people that had excellent credit. And for those that have poor credit, they should have decent rates, not sky high rates. In other words if they get rid of high interest on loans, do you think the economy will improve?