I have to agree with you dj. I happen to work for one of the "Big 3" (credit bureaus that is). Everyday i sit down one-on-one with people who are so conserned that they will pay alot of money to speak with me about what is going on. Being on the inside of the credit crunch, i have to agree that the media hyped it up. I sat down with a couple just today who had recently gotten married and they really wanted to buy a home. They started telling me that they paid all of their credit cards on time, and had only been late on a few payments, yet they couldnt understand why their credit score was low and they were not approved by the bank. I explained to them that 2 years ago, that score would have gotten them a very good intrest rate, and their wouldnt have been anything to worry about. However when the word got out about a credit crunch, people rushed to get their money from banks, just like when the rumor about a fuel shortage had people rushing to fill up every container they had. Anyways this couple's credit score had not gone up even though everything was paid on time. I had to try to explain that lendors are concerned with payment history, in turn how much money they can make off a particular person.

So to anyone concerned about their credit, you can contact me and i will give you some basic thoughts of ways to improve yourself and improve your chances of surviving this crunch. No charge to my friends here in the lifestyle.