In the wake of the mortgage meltdown, many consumers are looking to refinance their home loans to get a better rate. However, consumer credit is at an all time low and lenders are scared to make new loans. Trying to refinance with bad credit is even harder than trying to refinance with average credit because of the added risk involved. Below are the most common questions regarding bad credit refinancing. Continue Article...
Archive for the ‘Credit’ category
Refinance with Bad Credit FAQ
January 5th, 2010Finding Bad Credit Loans For Tenants
December 24th, 2009Regardless of what you might have been told, you should know that it is not impossible to get bad credit tenant loans. When being considered for bad credit loans, there are many other factors besides your credit rating to be considered. For a tenant, things such as whether you pay your rent and bills on time are also considered, as well as any outstanding debt. Continue Article...
How I Worked to Repair My Credit
December 9th, 2009This is a guest post from Shelly T. over at FinancialPlanningTips.net.
Are you stuck with bad credit? You do not have to despair if you have a bad credit score because it is possible to fix your credit and get a better credit rating. I am going to show you how I went about the steps to repair my credit, and if you follow that same advice you can be well on your way to having a better credit score and rating too! Continue Article...
Is a Bad Credit Home Mortgage Loan Right for You?
December 3rd, 2009If your credit is less than perfect, and you want to learn more about getting a bad credit home mortgage loan, then you will want to read this article. Specifically, we will discuss what bad credit mortgages are based on, how they can help you and the risks you need to be aware of. After reading this article, you should be able to determine if a bad credit mortgage is right for you. Continue Article...
Quick Guide to Balance Transfer Credit Cards
November 8th, 2008It’s really easy to shift your existing debt onto a balance transfer credit card. Once you have applied and been approved for the account, the finance company will send you blank checks that you can fill out and send to your current creditors to pay off the outstanding amounts. The checks will be drawn on your new account, and you will begin making your payments to this company just like you did to your current finance companies. But here’s the beauty of it: instead of paying finance charges of 18% or more, these companies may offer rates as low as 12% or less on balance transfer credit cards. And many will even give you a special 0% introductory rate for up to 12 months on the amounts brought over from other accounts! Continue Article...