I don't think it will make much of a difference if the credit score calculations are revised. If what your saying is true then the banks will just lend to AAA credit holders. We're all screwed whichever way you look at it.
theres a idea called the McLaurine plan which consist of rolling everyones credit score back up to 680 and people who have good credit gets AAA or a bonus reward of some kind... I'm not a expert just want to see what the real expert like your self think of such a plan.
Many Americans prefer to stick their finger in their ears and tightly shut their eyes, than listening to what´s coming, as if that would change a thing.
forclosures are up 112% in a years time. honestly it seems like we are heading into a depression the likes if which weve never seen. They cant tell you though because if they do the market will panic and it will definetly happen. rough situation for whoever gets elected.
I don't think it will make much of a difference if the credit score calculations are revised. If what your saying is true then the banks will just lend to AAA credit holders. We're all screwed whichever way you look at it.
celticlofts 2 years ago
theres a idea called the McLaurine plan which consist of rolling everyones credit score back up to 680 and people who have good credit gets AAA or a bonus reward of some kind... I'm not a expert just want to see what the real expert like your self think of such a plan.
mindmunk111 3 years ago
some small banks will likely faill :) " some small banks " the irony.
iodyn 3 years ago
we will have to go through another world war for it to be as bad as the first one
ctho2598 3 years ago
Many Americans prefer to stick their finger in their ears and tightly shut their eyes, than listening to what´s coming, as if that would change a thing.
bushisacoxucker 3 years ago
agreed
mountshasta2002 3 years ago
forclosures are up 112% in a years time. honestly it seems like we are heading into a depression the likes if which weve never seen. They cant tell you though because if they do the market will panic and it will definetly happen. rough situation for whoever gets elected.
mediawasteland 3 years ago 2