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No-Cost Mortgages
July 19, 2004 "Why wouldn?t anyone in his right mind take a no-cost mortgage if he could find one?" Because no-cost mortgages don?t eliminate costs, they convert them from costs paid upfront to costs paid over time. No-cost mortgages carry higher interest rates, ... more...

Avoiding Mortgage Predators
August 20, 2001 ?I read a lot about predatory lending.  How do I avoid becoming a victim??    To educate myself on what makes a victim, I recently studied 51 case histories of households ... more...

loans loan bad credit lawsuit interest cards related definitions

Negative Amortization
Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more...

Credit Report
Credit Report A report documenting the credit history and current status of a borrower's credit standing, detailing a borrowers credit history including payment history on revolving accounts (eg. credit cards) and installment ... more...

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Student Loan Consolidation Can Help
Todays career minded students can get help with the burden of having several student loans. One can focus on their chosen career, instead of losing sleep over paying several monthly student loan payments. Student loan consolidation can be the solution with several advantages.How Student Loan ... more...

Is Getting A Personal Loan With Bad Credit Impossible? Think Again
A bad credit history is like having contracted an infectious disease. At least this is what most lenders perceive. Any requests for personal loans by people with a bad credit history are generally declined. They are charged an extravagantly high rate of interest, if advanced personal loans.What ... more...

How Your Personal Credit Affects Your Chances of Getting a Business Loan
Your business idea first begins with a dream, and then extends to a passion. The passion to do what you love leads you to need financial assistance. Having the means to expand on your passion will bring hope to your livelihood. Does your personal credit affect your chances of getting a loan to ... more...

10 Pointers on College Loan Consolidation
Should I consolidate my college loans or not?1. Still in school, yes! Rates are low, but they're scheduled to go up. Your college loan payments will then remain as manageable as possible when you leave school. If you have graduated, or will be graduating this May or June, yes! Graduates can lock in ... more...

Quick Cash Loan: The Instant Source For Urgent Extra Cash
A cricket ball from the park smashed the windscreen of Richards car. His bank balance was nearly empty and the paycheck was still a fortnight away. Richard was in a fix because the thing needed immediate repairs and the funds were nowhere in sight. Unforeseen circumstances and pressing state of ... more...

"No Win...No Pay...No Risk" Lawsuit Loan Bridges Financial Gap
"No one pays much attention to how a person who has been injured is going to live while waiting for a case to go to trial. The legal system tends to put people who cannot afford to wait for their money at a disadvantage." - Boston Bar Association Ethics Committee Chairman, Gerry CohenWith these ... more...

Applying for a Loan
In making loan requests, entrepreneurs tend to be confident that they will meet or exceed what they consider conservative financial projections. They then have trouble understanding when they receive a less than enthusiastic response. To complete the picture, however, we need to look at the process ... more...

Student Loan Consolidation: The Good, Bad, and the Ugly
With tuition costs rising across the country, it has become increasingly necessary for college students to take on debt in an effort to get their degree. But student loan repayments are often difficult for students to make, especially considering that early on graduates incomes are typically quite ... more...

Benefits of a Personal Secured Loan
A Personal secured loan can offer many benefits, some of which are listed below:Personal secured loans are loans that are offered to individuals rather than businesses.Rates for a personal secured loan will be way lower than for other loan products so it makes good financial sense for many of us ... more...

Finding the Right Time to Refinance a Loan
If you've been thinking about refinancing a loan, you might wonder whether or not right now is the best time to do so.There are a variety of factors which can influence whether or not the timing is right for refinancing national and local interest rates, your credit history, and even the amount of ... more...

Alternative Ways to Avoid Payday Loan
If you spend more than you earn on a regular basis, it is a bad practice. To overcome this situation, if you opt for a payday loan, it will be a risky solution. Payday loan companies often take the advantages of your need and lead you in debt trap.The most obvious disadvantage of payday loan is ... more...

Is A Debt Consolidation Loan Your Best Option?
For many people the lure of easy credit has taken them into the forbidden zone of debt. Between debt on regular credit cards, shopping store credit cards, home equity lines of credit, mortgages and car payments it's no wonder consumers are finding themselves financially and emotionally drained as ... more...


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