Despite my little problem with the credit card a bad credit loan company sent me, I have no problem with bad credit loans in general. Everyday more and more people slip into debt and can’t get out. No matter how hard they try they can’t seem to catch a break with their credit cards, mortgages, even student loans. When that happens their credit slips well below average, with not many people to care about their story. That is why I don’t think bad credit loans are a bad thing, they help people who need to be helped. They care about helping you get your credit rating up, so they will give you a card that has an annual fee, but with a low interest rate so you can get on your feet again.
October 29, 2007
