For those with bad credit, they tend to think there is no hope for their situation and they are doomed to a life of payday loans and prepaid debit cards
Laguna Niguel, CA (PRWEB) February 01, 2012
Renowned Credit Repair website Buildmycredit.com announced its online radio show currently broadcasting on BlogTalkRadio.com is nearing a milestone with over 1000 combined live listens and downloads of its popular consumer finance broadcast entitled “the Credit Crunch.” Dealing with financial issues that discuss credit utilization and how to deal with credit problems, the show which started broadcasting in November of 2011 is expected to eclipse the 1000 marker in early February.
The Credit Crunch, whose podcast and archive downloads are quickly finding an audience with a wide array of listeners frequently discusses and tackles a variety of financial topics that assist consumers with gaining the edge on banks, lenders, and credit card companies. By offering advice on how to fix credit, the show offers many suggestions and tips that consumers can legally use to boost their credit scores and/or otherwise get preferable terms on loans and financing.
With an estimated 25% of all Americans considered “credit risks” or labeled as “having bad credit,” the show has no shortage of interested listeners who can identify with the shows theme and subject matter of credit management. Some recent data suggesting the gap between good credit and bad credit can result in thousands of dollars in difference over the life an auto loan alone; which only emphasizes the need for this type of information for consumers with financial problems who are looking to rebuild credit.
“For consumers with good credit, dealing with banks and financial institutions can still be a nerve racking and overwhelming experience. For those with average credit, they tend to go into any loan thinking the deck is stacked against them. For those having bad credit, they tend to think there is no hope for their situation and they are doomed to a life of payday loans and prepaid debit cards,” said host Scott Cahill. “With today’s economic climate, no one is immune from feeling like somewhere, somehow they are still going to get cheated.”
Recent topics dealt with assisting 1st time home buyers navigate FHA guidelines to get the ideal terms on a new home; delving into both down payment and interest options. The information came as a surprise to some listeners, who had generally assumed they could not qualify, could not afford to finance, or generally unaware of FHA rules and regulations regarding housing. With a myriad of confusing and conflicting credit information pertaining to housing, the need for straight talk and information is at a premium.
With over 500 listens in December alone, the shows rate of downloads is increasing. With the countries economic factors showing only minimal signs of improvement it is clear that more Americans are looking for debt management information. BuildMyCredit and the Credit Crunch have a solid base of core listeners to build on.
For more information about how BuildMyCredit.com can help you log on to http://www.buildmycredit.com or call them today for a free credit repair consultation at 1-855-4BUILDMYCREDIT or 1-855-428-4536.