Your Worst Credit Problems Are Not As Bad As You Think!

There's a cruel irony to navigating your finances amid the ongoing credit crunch.

On the one hand, maintaining a great credit rating is more important than ever – especially if you're looking for a job or need a loan of any kind. On the other hand, if you mess up royally in the credit department, rest assured that even the worst credit mistakes you can make probably aren't as bad as you fear.

Here's a look at a couple of the most severe credit catastrophes you can face – and why none of them is fatal to your financial life.

Click to read: Your worst credit problems are not as bad as you think...