The media has been awash in recent weeks with headlines about the serious crisis of frozen credit markets and the fearsome problems with the TED Spread. Personally, though, I haven't yet experienced any signs of the credit crunch, nor heard any such stories from people who have.
In fact, I've still received plenty of come-ons from banks pushing their Visa
True, I haven't tried to buy a car or other big-ticket item. Word has it that consumer credit for cars from companies like General Motors
Of course, this is all anecdotal. We'd like to hear what you've experienced during the credit crunch and crisis. Have you tried to get credit, but weren't able to? Heard tons of stories about people who have been frustrated in their attempts to get financing, or had their credit limits or home equity lines of credit (HELOCs) slashed? Or do you feel like life is proceeding as usual?
Please vote for one of the tabs, and feel free to share your own stories and opinions in the comment boxes below.
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