Mortgages are secured loans that are given to first time buyers, homeowners and people who have bad credit.Once you are accepted for the loan, you must repay the debt, which will include interest rates. Some refinancing loans have additional fees attached. The secured loans have collateral attached, means that if you fail to make payments, you are subject to foreclosure or repossession. The bank will come and take your home and sell it for the amount you owe.
Debt Relief Promises May Really Be Offering Bankruptcy
Can I really repair my credit? You can, if you have patience and persistence and watch out for the scam artists.
Discover What to do When Your Credit Worth is Damaged
The good thing about bad credit is that you can fix it. If you start now, over time, your bad credit can turn into good credit, and you could qualify for the loans you want at the rates you want. Find out how.
Basic Financial Information Tips (Part II)
Here are some additional financial tips, definitions, and information that will hopefully help you save money or get out of debt.
3 Ways To Get Your Free Annual Credit Report
Yes, you can now get your credit report without paying a dime. And unlike before, now it is truly free. No longer do you have to sign up for a “free” credit report by signing up for “credit monitoring protection service” for a low annual fee of $79 a year! The days of dodging the annoying charges and service fees for a free credit report are over.
5 Easy Steps to Rebuild Your Credit after Bankruptcy
Bankruptcy does not need to chain you to bad credit for the next seven to ten years. This article outline 5 easy steps to rebuilt your credit after bankruptcy.
Quality Debt Settlement Businesses
Are you in debt? Are you finding it hard to tackle this problem alone? A debt settlement company may be the solution. Take care to learn what the impact will be on your credit standing if you choose to go with such a plan.
What are 3 Worst Debt Consolidation Moves?
You have unbearable debts and the debt consolidation might be your option for you debt problem. There are so many debt consolidation agencies around in the marketing with their “The Best” debt management program which will help you to resolve your debt problem. But there are at least 3 worse debt consolidation moves which you should avoid, find out from this article.
What Happens When Your Credit is Damaged?
The good thing about bad credit is that you can fix it. If you start now, over time, your bad credit can turn into good credit, and you could qualify for the loans you want at the rates you want. Find out what you need to do next.
What Have You Done To Protect Your Identity?
Identity theft is on the rise throughout the United States, but that doesn’t mean it has to happen to you. Take a few diligent precautions and your chances of never becoming a victim increase dramatically.
What Is Credit And How Is It Established?
A credit rating is simply someones assessment of how well you would be able to pay back money lent to you. Usually, that someone is a credit reporting agency; however, creditors themselves will also make their own assessment, which is usually based on the score you receive from the credit reporting agencies and is determined by requirements that vary a great deal from one creditor to the next. The largest scoring agency determines your “FICO” score. {http://www.fico.com}
…
What Is Credit Denial And What Can You Do About It?
If you apply for a credit card or a loan and the company turns you down, they must send you a written notice within 30 days.