Having a bad credit score is obviously a major stumbling block for most loan applicants. Banks and other lending institutions such as credit unions view you as a high-risk client. Although every lender has their own loan qualification standards, the primary factor for calculating the terms of your loan often depends on your credit history.… Keep Reading
Lenders make mistakes, too. Foreclosures put your most valuable investment at risk, and there are times when a foreclosure is warranted. If a borrower fails to make payment, the lender has a right to recuperate their investment in you by foreclosing on your property. Examples of foreclosure errors can be seen with Bank of America.… Keep Reading
Finding a loan in Singapore can be extremely important if you have not taken out a loan before. Not all lenders are created equal as some will try to charge more interest than others. There are a plethora of factors that will come into consideration when trying to find a loan. If you have defaulted… Keep Reading
It’s widely understood that transforming a poor credit score is a process requiring a great deal of time and patience. There are many good reasons for requiring such an extended period of time to restore one’s credit score, and yet consumers saddled with a poor credit score are right to feel frustrated by the perceived… Keep Reading
Having a car is not a luxury any longer, but a necessity. Some of us use cars because we have kids and families that need to be ferried around, and others need a car because of work, either to get to work and back or to use for work. While using public transport is definitely… Keep Reading
Asking if credit cards are good or bad is like asking if watching television is good or bad. Before we answer the question, we need to look at the uses of credit cards. This will help us determine whether it is good or bad for us. The plastic is convenient for not carrying cash, secure… Keep Reading
There is a huge distinction between installment credit and revolving credit. Installment credit is repaid with periodic payments. Installment loan means a gradual decrease and full repayment later on. Payments for revolving credit are open-ended, and one can borrow the funds once again. Those both types of loans can be secured and unsecured. But secure… Keep Reading
The short answer is Yes! If you are looking to expand your business, it makes sense to take a small personal loan and give wings to your ideas. Personal loan falls into the category of unsecured debt and the amount you can get entirely depends on your credit score. Personal loans are different from credit… Keep Reading
Are You Disputing Credit Issues Correctly? When is the last time you checked your credit score? Did you click on the box on your credit card page and accept whatever it said? While those can give you a sense of where your finances stand, your credit score is too important to ignore – which is… Keep Reading
As a small business owner, you know that it’s tough enough to compete with the large enterprises in your marketplace that have large footprints and deep pockets. But if you need business financing, then what you’ll soon discover — if you haven’t already — is that without outstanding personal and business credit, banks aren’t on… Keep Reading