Adverse Credit Remortgage: Refinance at Better Terms
Getting a remortgage with adverse credit is a daunting task and it is increasingly becoming a widespread problem in UK. An adverse credit remortgage is a type of mortgage, which is particularly used by people who have adverse remarks in their credit history.Adverse credit ratings are rising as ... more...

How to Buy a House After a Foreclosure? 3 Tips on Getting Approved
Purchasing a new home after a foreclosure is tricky, but not impossible. Foreclosures arise when a homeowner is unable or unwilling to repay their mortgage loan. After several unsuccessful attempts to collect payments, mortgage lenders reclaim the property. A foreclosure reduces your credit rating ... more...

Guide to Interest Only Mortgages
Here is a useful guide to interest only mortgages. An interest only mortgage is one where your regular payments only go to pay off the interest on the money you borrow. You will invest to pay off the capital sum at the end of the mortgage term.An interest only mortgage means your monthly payments ... more...

Bankruptcy and Buying a Home Can You Still Get Approved?
Can you still get approved for a mortgage loan after a bankruptcy? The answer is yes. While a bankruptcy is a negative reflection of your credit worthiness, the key to re-establishing or improving credit history is obtaining new lines of credit after a bankruptcy. Thus, several lenders are willing ... more...

Subprime Lenders: Find Financing With A Bad Credit History
Subprime lenders finance high risk groups to enable them to buy a home. While you need to be aware of predatory lending practice, by researching lenders you can find a mortgage loan at a reasonable rate.Bad Credit FactorsBefore you sign up with a subprime lender, be sure that you truly have bad ... more...

Vultures and Victims
Has anyone noticed how many loan companies now fill up the commercial breaks? Sofa, after of sofa of happy couples are shown, with carefully manipulated stereotypes discussing the consolidation of their finances, recommending a particular provider. Couples, who have had loan requests knocked back ... more...

Buying A Home After Bankruptcy - When Is It Smart To Buy?
If you have recently or previously filed bankruptcy. You know how difficult it can be to get a home loan afterward. You may be wondering how long it takes until getting approved for a home loan becomes easier. Also, more importantly, when should you buy a home?Most subprime mortgage lenders want ... more...

Home Equity Loans A Big Benefit Or A Big Mistake?
When the bills are piling up and there doesnt seem to be any way out, a home equity loan can seem like the answer to your prayers. Home equity loans can also be a great way to jumpstart a business or investment portfolio. However its important to realise that in some circumstances, a home equity ... more...

Get The Finance You Need With UK Secured Homeowner Loan
Not every-one of us is born with a silver spoon in his mouth. Most of us live life as it comes. Our hard earned money provides us with the basic necessities and indulgences. Generally, we manage things with our finances but sometimes an emergency or once-in-a-lifetime opportunity sticks out its ... more...

Reducing Debt Before It's Too Late - How to Avoid the Pitfalls of Creeping Debt
Reducing debt usually isn't a high priority for people until they have already gotten into trouble with overspending. Using a few basic guidelines, and debt calculations, can help you see when your debt load is getting into the danger zone.Budgeting GuidelinesCreditors use budgeting guidelines when ... more...

4 Debt Reduction Tips
If you are overwhelmed by debt, there are options you can take that will help you pay off what you owe without the stigma of filing for bankruptcy. Well examine four ways you can get your debt under control and start working back on the road to financial recovery.1. Contact your credit card ... more...

What is a Predatory Lender?
Several months ago, the 3,000-member California Association of Mortgage Brokers (CAMB) created the first real definition to describe the abusive lending practices of predatory lenders. According to the CAMB, predatory lending was described as "placing consumers in loan products with significantly ... more...

Do You REALLY Need a Home Equity Loan?
Your equity is the amount your home is worth, on the market, minus the amount you owe to your mortgage broker. For example, if your property is worth $200,000 and the balance you owe your mortgage broker is $100,000, then your home equity - the part of your property that you own free and clear - is ... more...