It is natural for people to ask for help when they are in trouble, and it is within our nature to offer a hand when we can.  What throws this natural human relationship off its kilter is our ego that impacts our decision as to when we ask for help and when to extend a hand.

People often wait until we are in serious trouble before we ask for help, and by that time, the kind of help we receive is very expensive and sometimes too late.  On the other hand, when we offer a hand too soon, we come across as interfering busy bodies who do not know the first thing about free will.  Parents know what this is like when they talk to their children, but we leave the eagerness to help alone for now and concentrate on asking for help too late.

Look at the term “bad credit loan” for instance. According to a segment of Yahoo that keeps track of what people search for, in December 2006 over 100,000 people searched for bad credit loan.  On the other hand a little shy of 5,000 people looked for the term “bad credit repair.”

When all the people who were looking for various loan related to bad credit was added, the number was over 500,000.   But the number of individuals who looked for bad credit repair still remained under 5,000.  This seems to mean only 1 out of every 100 person look to cure the problem, and the rest look to cure the symptom.

Wouldn’t you think that the “bad credit” problem arises much before the need to get a “bad credit loan?”  If this was the case, more people should have been searching for ways to repair their credit than those who seek to remedy the bad credit problem with a loan.

Society seems to seek remedy more than prevention.  Living the dream of buy now and pay later is costly.  Two other terms to look at are “bad credit mortgage” and “bad credit home loan.”  Over 79,000 individuals looked for these services in December of 2006.

According to Fair Isaac Corporation as of January 11, 2006 and on a national basis, a person with a poor credit score of 500 – 579 was expected to pay $819 for a $100,000 thirty year fixed bad credit mortgage loan.  For the same loan amount a person with an excellent credit score of 760 – 850 was expected to pay $589 per month.  That was a $230 per month difference! This difference was a $82,000.00 penalty tag for a bad credit mortgage loan.

The amazing part was there was help in form of books, tapes, ebooks, credit repair firms, and so on. They cost much less, and would have saved money.  People flock to get solutions that cost them hundreds of dollars per month for a very long time.

These are examples of the smart way to get around bad credit.  Repairing your credit first will save you a lot of money over the years.  Consider placing some of your attention on bad credit repair and do not let obtaining a bad credit mortgage loan consume you.  Barnes Credit Rehab will help repair, restore, and educate consumers on how to save and become financially successful.

William F. Halsey once said, “All problems become smaller if you don’t dodge them, but confront them.”