Today's recession victims may become the subprime borrowers of tomorrow, if data from a company providing services to consumers with credit problems is any indication. According to BadCrditOffers.com, the number of Americans with tarnished credit has risen sharply since 2007, with more than 110 million now affected by a negative credit history.

The surge in bad credit reflects a gwoing number of delinquent mortgages, credit cards, and auto loans among middle-class Americans, the study concludes. Since 2000 median income has remained flat while most living expenses have skyrocketed leaving Americans with less money to pay dets. Falling behind on debt payments, their credit ratings are beginning to suffer.

It is predicted that the trend toward bad credit will continue in the near term, in fact we expect a spike in credi card defaults similar to what we saw in the mortgage market in the past 2 years.