Saturday, May 21, 2011

Equifax Says Credit is Growing!


In the month of March, the report from Equifax showed that credit was growing and on the rise. This is great news, and tells us that people are being more money savvy than they have been in the past. The trend absolutely shows new growth in credit, and those who got back into the game by repairing their credit are thrilled and ready to move forward and buy a home or refinance for a better rate before the changes come. Home equity loans are growing, auto loans are growing, and consumer finance in general is growing too. 

Beating the Odds is Always Favored 

It’s always good to beat the odds, and although many were sure that they wouldn’t be able to sustain the changes, it has made Americans stronger and more determined than ever to clean up their credit and create a whole new portfolio of spending power. This time around, borrowers are wiser and smarter, and they know what it takes to earn that buying power. Hats off to those of you who have worked so hard to make changes and make things happen, you will find out very soon that it was well worth all the hard work and effort you put into it.

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