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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...

Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more...

mortgage repay loans bad credit loan bankruptcy fico score related definitions

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...

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...

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Information About Adverse Credit Homeowner Loans
While looking for adverse credit homeowner loans it can seem like you're fighting a losing battle. You might think that no lender will want to give you a loan because of your credit but you'd be mistaken.The truth is that there are a lot of lenders who are more than willing to grant adverse credit ... more...

Bad Credit Debt Consolidation when Debt Joins Hands with Bad Credit
How does your month starts paying interest rate on your car, credit cards, grocery bills, medical bills and what not. It is a taxing process and chances are you cant even make the complete payments. Debt consolidation offers the best solution available for this predicament. Debt consolidation is ... more...

What is a Personal Secured Loan?
A personal secured loan is the generic term for a loan. In simple terms a personal secured loan gives security to the lender on the loan other than a simple promise to repay the loan.This type of loan is essentially an amount that is secured against property put up by you as collateral. Since this ... more...

Chapter 13 Bankruptcy - What Does that Entail?
Chapter 13 Bankruptcy is a reorganization bankruptcy. It means that the people who decide to file for this type of bankruptcy want to clear their debts over a period of three to five year.Chapter 13 Bankruptcy appeals to those who have non-exempt property that they want to keep hold of and those ... more...

Understanding The Different Types Of FICO Credit Scores
Before credit scores were developed, lenders use to physically look over each applicants credit report and credit history to determine whether or not to extend credit. This process was highly time consuming and sometimes resulted in large human errors.As a result, Fair Isaac created the credit ... more...

Refinance Car Loans - Refinancing Your Car Loan Online is Convenient
Refinancing your car loan online is now more convenient. Your online application can be approved within an hour with most online car loan lenders. In as little as a day, you can have a check in hand to pay off your old lender and start saving money.When To RefinanceA decline in interest rates is ... more...

A Guide to Finding Fast Homeowner Loans
Sometimes finding fast homeowner loans can seem impossible no matter what you do, it seems like traditional lenders such as banks and finance companies take way too long to process loan applications.Fast homeowner loans can be had, however the hardest part is finding out where to look.Of course, ... more...

What Is A Good Credit Score How Can I Raise Mine?
What is a good credit score? When you request a free copy of your credit report, you will find a score assigned to your credit history. This score will determine whether or not creditors will grant you the loan or credit that you want because it gives them an idea of your risk to repay. Generally, ... more...

What are Secured Loans?
A secured loan is simply a loan that uses your home as security against the loan. Secured loans are suitable for when you are trying to raise a large amount; are having difficulty getting an unsecured loan; or, have a poor credit history. Lenders can be more flexible when it comes to secured loans, ... more...

How to Find Debt Consolidation Solutions
Taking loans has become a way of life because of the convenience it offers. Within manageable limits loan repayment does not create any problems. However there is no harm in looking for better options.A debt consolidation solution is any method of taking all debts incurred by an individual from ... more...

What is a Homeowner Loan?
A Homeowner Loan is a way of using the equity tied up in your property to raise money. Equity is the difference between the value of your home and your outstanding mortgage. Many lenders are willing to convert this equity into cash in the form a secured homeowner loan, which means that the loan is ... more...

A Guide to Finding Cheap Homeowner Loans
If you're actively looking for cheap homeowner loans, there are several things that you should take into consideration to make sure that you get the best loan for your money.Before taking one of the loans offered to you, you should take the time to understand how cheap homeowner loans work, make ... more...


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