Restore the credit score of qualified citizens and businesses to pre 2007 levels
The United States is currently in the worst recession since the Great Depression. With millions of American Citizens out of work, pay decreases, under pay, many hardships have befouled the American people. These hardships have caused credit to be controlled with tighter regulation.
With no fault of their own, citizens with good credit now have been forced into bankruptcy, foreclosures, late pays and repossessions of autos, aircraft, water craft, and personal items.So far in 2010 1,572,597 million bankruptcies have been filed, 1.2 million foreclosed properties, that is 1 in every 78 homes, 1.9 million cars in 2009 and 2010 is up by 8%. Even the wealthy are feeling the down turn, with high end aircraft everything from a Piper Cub airplane to 747 jumbo jets are being recovered by creditors.
Our mission is to restore the health of credit score to individual citizens and business. To promote the responsible use of credit, to facilitate economic growth within the United States of America. To use all lawful means to carry out these objectives.
We the undersigned call on Congress to draft legislation that will restore the credit score of qualified citizens and businesses to pre 2007 levels.
The Restore the credit score of qualified citizens and businesses to pre 2007 levels petition to U.S.Congress was written by David Cunningham and is in the category Consumer Affairs at GoPetition.