Credit cards are now becoming a big part of the financial lives of millions of people.They're used to make the payments you might make on a credit card.They're also a convenient way to get your mortgage, especially if you've got a family member with the same income level as you.But they can also be risky if they're used incorrectly, as was the case in this recent story.The story starts in 2007 whe...
The mortgage market is not a bubble.
But some people are being too cocky and taking risks.
The key, said the head of the global credit ratings agency Moody’s, is to take more time to understand the risks.
This article was originally published on Bankrate.com and can be republished for free.