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Credit Reports and Credit Scores
November 24, 2004 What Is a Credit Report? A credit report is a report from a credit bureau containing detailed information bearing on credit-worthiness, including the individual's credit history. A typical credit report includes the following: Personal information. ... more... What Is Predatory Lending? November 8, 1999 "What is 'predatory lending'"? Predatory lendinghas been much in the news lately, and legislation has been introduced in a number of states to regulate it away. Most of this proposed legislation is ill-advised -- a knee-jerk response to horror stories. ... more... |
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information insurance home equity sex condo credit related definitions |
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Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... Home Equity Loan Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more... |
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