Know What Is Going On!

September, 2014

Breaking Down Debt: How 4 Different Loans Affect Your Mortgage-Worthiness

Want to get a new mortgage? Then, your credit score is a really big deal — it can make or break your mortgage payments, and ultimately determine whether or not you get the house you want. But before we talk about credit scores, let’s talk about the debt that affects them. There are two types […]

Net Access Expands Secured Credit Facility by $9m with U.S. Bank

>PRWEB.COM Newswire

Who’s responsible for passing along bad credit info?

Will dealerships catch fallout from the Consumer Financial Protection Bureaus consent order last month with First Investors Financial Services Group? Experts disagree, with some saying no and others suggesting at least indirect implications for dealerships. The CFPB last month fined the subprime auto lender $2.75 million for allowing its vendor to furnish customer data to […]

Introducing the World’s First National Digital Currency

Ecuadorian newspaper El Comercioreported(link in Spanish) thatthe currency will be circulated via the countrys mobile network. Analysts suspect the move is aimed at weaning the country offits dependency(link in Spanish) on the US dollar,which it has used asits official currency since 2000, following the 1998-99banking crisis that destroyed the value of its physical currency, thesucre.The […]

Can You Get a Mortgage With a Low Credit Score?

Fear of a loan denial has led some consumers with low credit scores to simply not bother applying for a mortgage. But, while youll still have to provide proof of your income and assets and an explanation of your low credit score, it is possible to get a mortgage with a low credit score from […]

Bad Credit Auto Lender Shares 5 Best Road Trips in the US for 2014 in New Article

Complete Auto Loans offers insight on the best road trips to take this year in new article. Seattle, WA (PRWEB) September 16, 2014 “Full of hidden gems and amazing views, the best way to explore the island of Oahu is by car,” says Complete Auto Loans in their newly released article. Breaking down the five […]

If your credit score’s great, don’t toil to add a few points

One woman wrote: My husband and I have been married for 52 years and have lived in our house for over 40. We paid off the mortgage decades ago. All of our credit is in his name. A banker advised that I should do something to create a favorable credit history in my name. Should […]

Good news for those with bad credit

The disappearance of subprime mortgages in 2008 all but precluded those with marginal credit from getting a home loan. After being bailed out with taxpayer dollars from TARP, banks unabashedly snubbed their noses at John and Jane Doe with the slightest negativity on their credit reports. But according to new selling guidelines released Friday by […]

Credit Cards For People With Bad Credit

Consumers with poor credit scores were once locked out of the credit card game. But lenders are beginning to court those whose low scores once typed them as too risky to be offered a credit card. In the first quarter of 2014, 3.7 million subprime borrowers¬†– those with a FICO credit score below 660¬†– were […]

How to get a mortgage right now, even with bad credit

In his interview with HousingWire, Mel Watt, the director of Federal Housing Finance Agency urges the opening of the mortgage credit box to less-than-optimal borrowers. We are getting lenders to reduce some of the credit overlays, he said in the exclusive interview. Furthermore, FICO scores will ignore debts that have been paid off or settled, […]

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