Frequent Contributor
Posts: 434
Registered: ‎05-16-2012
Re: Government Involvement: Good or Bad?

+3 ... All government oversight is going to do is muddle the credit worthiness, they're probably going to collect demographic info so they modify credit info for more risky people because the gov't thinks they're "unfairly disadvantaged." All this is going to do is make creditors less likely to be willing to give out credit, that is until the gov't forces them to at threat of takeover.

Lender Pull (11/3/12) FICO EX: 740 EQ: 680 TU: 702

NFCU VISA $17,500 / USAA AMEX $7,200 / USAA AMEX $4,000 / USAA VISA $4,000 / CHASE FREEDOM $3,000 / Lowes $2,500 / CarCareOne $1,800