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Why Is the Loan Rejection Rate Rising?
March 20, 2000 "I have read that in recent years loan rejection rates have increased, especially among lower-income people and minorities?Why do they continue to get the short end of the stick?" You are ... more...

Stated Income Loans: Lie to Get a Better Rate?
June 20, 2005 Stated income loans are also called ?liars loans?, because in some cases, the rules virtually invite the borrower to lie. The case below is a great illustration. ?My husband makes $7,000 a month but has a credit score of 503. I make $1250 and have a score ... more...

mortgage loans home loan assets credit score remortgage related definitions

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

Credit Score
Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more...

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Be Prepared With Your Home Equity Loan Checklist
A home equity loan can be an excellent way to obtain money in order to pay off high interest bills or consolidate your current debt into one monthly payment. A home equity line of credit is a form of revolving credit in which your home serves as collateral. Because the home is likely to be a ... more...

Planning Starts with the Basics
When developing a plan for your finances, the toughest question often is: Where do I begin? Before investing in stocks and bonds or buying life insurance, before implementing any change or making any decisions, you first need to analyze and understand your entire financial picture. Two documents ... more...

Homes With Acreage-Ann Arbor Real Estate
Some want to leave the big city and find a home with a lot of acreage. Others want to stay in the city, but would like some land to garden, or for privacy. Whatever the reason, there are many homes with acreage for sale. There are many ways to find and pay for such homes.How much land is an acre, ... more...

Fico Scoring Basics
FICO scoring originated from the Fair Isaac Company. The Fair Isaac Company invented the current credit scoring system that turns all of your credit information into a personal credit score. Today lenders still use this credit scoring system to determine credit risk.The term FICO scoring means, a ... more...

Remodel Your Home - Take A Home Improvement Loan
Home, a place where you live together with your close and loved ones, may mean the whole world to you. You always wanted to make your home a better place to live, giving all comforts to your family. You can do this just by making improvements in your home, but where to get the funds for it. Home ... more...

How To Eliminate Credit Card Debt
There is almost nothing more troublesome than having too much debt to pay each month. Consumers incur debt for many different reasons. Sometimes illness, accidents, or just bad luck can make it seem impossible to get finances under control. Other times it is simply because we spend more money than ... more...

A Guide to the Best Remortgage Deals
Finding the best remortgage deals isn't always easy, especially with the large variety of lenders available today. It can sometimes take a lot of research and time to locate the best remortgage deals for your home, though the end result is often worth it.What you're looking for in the best ... more...

Identity Theft : They Got Him
His hard earned money? Gone. Creditors on his back everyday. Police knocking on his door. His family strained to the breaking point. He didn't do anything wrong but my business partner's life got turned upside down a few years back. He became a victim of what is now the fastest growing crime in the ... more...

No Win No Pay No Risk Attorney Lawsuit Loans Provide Law Firms Innovative Financial Solutions
Law firms work long and hard to achieve financial success. Today however a team of professional financial consultants have developed innovative tools to assist law firms achieve even greater financial success via a unique program called No WinNo PayNo Risk Attorney Lawsuit Loans.With No WinNo PayNo ... more...

How To Get Out Of Credit Card Debt
If youre like the average person, let me warn you ahead of time about what Im going to reveal in the next few paragraphs. You may be angry after you finish reading this article about how youve been misled in the use of credit card debt.The American economy is designed to make you work yourself to ... more...

Credit Cards and Home Equity Loans Read the Fine Print
These days, everyones lives are burdened with paperwork. With newspapers, magazines, bills, junk mail, and who-knows-what taking up space in their day, few people have time to look at every piece of paper that comes their way. Unfortunately, its becoming more and more necessary to carefully ... more...

Eliminate Your Credit Card Debt, But How?
Can a debt consolidation loan eliminate your credit card debt? A consolidation loan might (or might not) be the key. There are several things you must consider when making the choice to consolidate debt using a debt consolidation loan.First, is a debt consolidation loan your best choice to ... more...

Margin Benefits are Marginal at Best
Margin is one of those things that novices find puzzling about the stock market, but the concept is really quite simple. Still, with understanding the basics of using margin accounts, determining the wisdom of using margin can be quite a conundrum.A margin account is a traditional investment ... more...

Realities of Real Estate Investing
If you are anything like me, you are always looking for a good way to work for yourself and make tons of money. Is this not the dream of millions of Americans? Of course it is, and I am willing to bet that you have considered getting into the real estate market at some point. You probably figure, ... more...

Military Payday Loans
What is a payday loan? This is a small short-term loan for employees who are categorically perceived as those belonging to the lower socio-demographic class because they have no other financial options except to apply for a cash advance payday loan. The borrowers apply payday loans to bridge the ... more...


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