Good Credit vs. Bad Loans.
April 29, 2008 · Filed Under Real Estate · Comment
I just read an article on CNNMoney.com entitled “Good Credit Can’t Protect Borrowers From Bad Loans“. It explained in a very clear manner how a lot of lending decisions were made soley on the borrower’s credit score (FICO) and not much weight was given to whether they could actually pay back the loan. Things like [...]
