The Truth of Credit

YouTube is a great site for the open minded. Recently, I ran into a few videos by a Certified Public Account (CPA) by the name of Stacy Johnson. Mr. Johnson’s videos are a great resource for educating people on credit issues. You can visit his page by clicking here. Here is a great video of his that I found proclaiming “The World’s Worst Credit Card”. For all of you that think your credit cards are a ripoff this is a must see video.

The TRUTH is there’s a fine line between what is usury and what is actually fair. There are plenty of cards out there like this taking advantage of people that are already in a bad situation. I definitely recommend a secured credit card but only if you really are serious about fixing your credit. Remember, if the only sales pitch that a card offers is “Reports to all 4 Credit Bureau”, I suggest ripping up the offer fast.

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