If you are like most Americans, at one time or another, you have felt overwhelmed by credit card bills, mortgage payments, student loans, car payments—an endless stream of “forever due” bills. You also may have experienced a difficult time, which, for whatever personal reasons, made paying bills almost impossible. Creditors called, demanded, threatened, and you honestly tried, but there was nothing you could do. Now, back on your feet, you find yourself turned down for that credit card you applied for or the loan at the bank. It turns out your credit history is now “bad” and, you've been told, for the next 7-10 years, there is nothing you can do.
