Posted on Wednesday, April 16, 2014 at 11:37 am CDT
Despite a slowly but steadily recovering economy, statistics from the financial sector indicate at least 25 percent of American families have yet to gain any ground against the effects of the recent recession, a facet clearly reflected in their credit scores. Though many of these struggling families are merely victims of circumstance, their current financial standings have a negative impact on many aspects of their lives. Medical facilities, traditional lending institutions and employers are only a few of those who frown upon a poor credit history.
Source: J.D. Byrider