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Simple Explanation Of The Credit Crisis

by Veronica on Apr.09, 2009, under Credit Repair

For those of you that are still trying to figure out the whys of the whole credit crunch, here is a video you must see. It will explain in a practical and simple way of how our nation is where it is at. Why are owners walking away from their mortgages, why the lending industry was so non-chalant with lending out money and now they tight as can be.  Credit defaults, greedy investors, why we are all affected. Despite all the distress and people’s credit and finances being plundered, we still have a choice …What will you choose to do? Will you be part of problem or part of the solution?


The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

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