- Words: 3344
- Length: 10 Pages
- Topic: Economics
- Paper #: 69895382
That is, if the foreclosure is the only black mark on a person's credit rating, that credit card holder may be able to "rehabilitate their record and garner better loans and card rates in 24 months," Ulzheimer goes on, attempting to clear the air in a very cloudy, confusing and even toxic credit card dynamic.
The third consequence of foreclosure, according to Melia's narrative, is the struggle waiting for those