Why a 500 Credit Score on the Credit Score Scale is in Trouble in Today’s Credit Environment

The current credit crisis is having a serious impact on consumer access to liquidity. Many lenders are running scared, and to minimize their exposure are cutting down accounts left and right. If like so many others you thought that having available credit on a few cards was emergency money, you may be in for a bitter surprise once you decide time has come to call on that insurance.

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