Do you think it is fair that the very same banks who are being propped up by your taxpayer dollars – the banks who got big bailouts – are unwilling or unable to tell you how to get a loan by increasing your credit score?
I don’t, which is why I went into a major bank with a SpyCam to see whether the banks are training their bankers to tell you how to improve your credit score and qualify for a loan.
And guess what? After the government unilaterally decided to give the banks a loan using your money, the banks won’t tell you how to improve your credit score so you can qualify for a loan.
The government forced us to give them a loan, and now they won’t tell us how to get a loan. Does that seem fair?
They should tell us:
- How to build credit so that you can qualify for one of their loans.
- How your credit cards impact your credit score (a factor I call the “credit card score.”)
- All the facts about bankruptcy and foreclosure, and how you can bounce back from these financial crises.
Watch this video and let me know. Do you think it is fair that the banker hasn’t been trained about credit scores and how to get a loan?