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Anybody notice they are getting denied credit?

With the economy so bad i am trying to consolidate,,i have good credit, but cant seem to get approved for any loans,,,,,,,low interset credit cards? is it me?

Answer Question

Asked by Anonymous at 12:40 PM on Jul. 17, 2008 in Money & Work

Answers (2)
  • It's not you becuase there is so much default in the finacial area the only people that are getting approved are the ones with excellent credit and a lot of income. So us middle class people feel the crunch harder.

    Answer by shanelaclaire at 10:41 PM on Jul. 17, 2008

  • The lenders have tightened their lending guidelines. What was once considered good credit is now only fair credit. The banks and lending institutions are making it very difficult for people to explore borrowing options.

    Answer by mamakirs at 2:43 PM on Jul. 18, 2008

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