Everyone dreams of owning their own home but that dream can turn into a nightmare often through no fault of your own. Redundancy, divorce, illness and credit problems can create a situation where youre not able to make your monthly mortgage payments.
Mortgages And The Buy To Let Lending Boom
Property investors looking to take out buy to let finance can expect to find mortgage products being offered as cheaply as mainstream residential loans.
Ivas Set To Soar
House prices, the cost of borrowing, inflation and the cost of living are all predicted to rise over the next three years. However, some are finding that their wages do not reflect these changes and are entering a spiral of debt that eventually leads to an Individual Voluntary Agreement (IVA).
How To Find The Best Repossession Companies For The Best Eviction Advice.
There are around 100,000 mortgage possession actions instigated by banks and other lenders every year, many of which could have been stopped by prompt action, such as arranging a new mortgage with a repossession company.
How To Avoid Repossession Today
Using a loan or a credit card to make a huge purchase is good for you because you are going to be able to have something, like a house or a car that you arent able to afford to pay for just out of your pocket. Using loans means that you can have anything you want, and you can pay for it very easily, each month. This is very great because you can have all of the things that you want to have and you can have them very easily. However, there is a problem that goes along with th…
Get Upfront About Mortgage Arrears
A UK resident with a mortgage arrears problem can get a lot of helpful advice from sites and organizations. If you cannot meet your mortgage payments, if you are in arrears or about to become so, dont play the ostrich head in the sand game.
Foreclosure – Make Sure You Keep Up With Your Mortgage Repayments
Foreclosure is not something most people want to deal with. When a person faces foreclosure, they are facing losing their home. Foreclosure is the last step a lender takes when a person has stopped paying their mortgage payments. Once a person reaches foreclosure there is little they can do to stop it.
Dealing With Repossession
Dealing with repossession can be embarrassing and challenging to get through emotionally, let alone what it does to your credit report. Legally speaking, if you are unable to make your car payments, the lender who ensured that you would be able to drive off the car lot in the first place does have the right to demand the car. The misconception among consumers is the notion that once the car is handed over to the repossession agent, commonly known as the repo man, your liabili…
Average Spending Leaves No Cash For Pension Saving
Despite a slight fall in High Street spending, consumers are battling against increasing interest rates, inflation, house prices, utility bills which means that little or no funds are available to set aside for the future.
A Guide To House Repossession & Mortgage Arrears
People in todays society will have differing attitudes to debt and debt repayment. There will always be those individuals who take a very relaxed attitude to debt and debt repayment, however the vast majority will take the matter very seriously and in the case of property ownership, they will take any realistic action to make their mortgage repayments on time. Unfortunately there will always be situations out of the control of even the most conscientious borrower.
What is Interest?
Unless you have a degree in finance, you probably don’t know all that you need to know in order to be an informed, responsible credit card user. Now you don’t need to be a finance expert to comprehend the basics covered in this article, but after reading it, you might feel like one the next time the subject comes up with your co-workers, friends, or family.
Young Adult Credit
Don’t let common mistakes like adding your child as an authorized user or a co-applicant harm his or her future credit. Imagine what a shock it would be if she attempted to buy a car or pass a credit check for an apartment, and she found out that the credit card she’d been making payments to for years isn’t on her credit report.