Now that the government has seized control of the troubled mortgage giants, the move could cost taxpayers $200 billion dollars. But analysts say the alternative could be Fannie and Freddie being allowed to fail.

The economy has made it a scary time for families trying to make ends meet. Many are turning to loans and credit cards to fill the gaps in their budgets, and experts warn some people are going to see a personal "credit crunch" in the coming months.

Missing a loan payment or paying late can quickly make you a high credit risk borrower. So, it's imperative to pay on time. They also say it's important to cut your discretionary spending.

American consumers' trust in businesses has fallen in 13 of 15 industries, according to a Better Business Bureau survey. Auto dealers, real estate brokers, department stores and gas stations and gas stations saw the biggest drop in trust.