Pay Your Bills

This is a prime example of one of the other chickens bringing the fox into the hen house. The very elect have been deceived by this practice or either they have just sold out for money. How do you tell that young couple with the $250,000 house, but could only afford to spend $100,000 they should be responsible and live within their means? When they got a loan they never should have qualified for in the first place and now someone has shown up and promised to clear their credit up and modify their loans to a lower interest rate. It almost sounds too good to be true, and really it is just a temporary fix. I listened to the link below and it even started lo make sense to me.http://www.blogtalkradio.com/The-Deacon-Talks/2009/03/23/The-Deacon-TAlks-Mortgages

I heard a popular local pastor preach a sermon about us being in the midst of America's wealth systematically changing hands. His premise being that the economy is so bad people just want to get property off their hands at any cost. I wouldn't hold my breath though, trouble don't last always. "What goes up must come down" and vice versa I say. Ten years will have passed and blacks will be in the same shape we are now.Anything everybody is getting for free, can't be very valuable. Not that it's not good, but it just doesn't sale for a lot. Let's not miss out on the fire sale going on all across the country. While waiting for the giveaway. For the first time in recorded history real estate can be a liability. Let's not look for and start taking shortcuts and get caught up once again. That's what got us in the shape we're in now. The only way to assure that you have good credit is to "pay your bills".

http://drboycefinance.wordpress.com/2008/12/08/avoid-credit-repair-by-lanlan-liang/