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Mortgage Professor about credit problems: | |||||||||||||||||||||||
Mortgage Payment Problems: What If You Can't Pay?
April 21, 2003 "I lost my job and have been making my mortgage payment from savings. At some point, I will run out of savings. What should I do? Some variant of this letter is appearing in my mailbox with ... more... Are Credit Problems Cured by the Passage of Time? 20 December 2004, revised June 24, 2005 "My credit record is terrible. I have been advised that if I just wait long enough and don't run up any more debts in the meantime, my terrible record will cure itself. Is this true? " It is only partly true. You have to ... more... |
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credit problems related definitions |
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Debt To Income Ratio
Debt To Income Ratio The ratio, expressed as a percentage, which results when a borrower's monthly payment obligation on long-term debts is divided by his or her gross monthly income. Equal Credit Act Debt ... more... Lease With Option To Purchase Lease With Option To Purchase A lease under which the lessee has the right to purchase the property. A Lease Purchase Agreement is usually two separate agreements between the parties: a Lease Agreement and a Purchase Agreement. The Lease Purchase shows a definite tenant's ... more... |
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More about credit problems Debt Problems? You Can Negotiate With Your Creditors Home Mortgage Quote Problems? The Likely Culprit is Your Credit One Cure For Your Problems - Debt Consolidation Loans Tips to Repair Your Credit and Prevent Credit Problems Don't Add A Scam To Your Credit Problems Get Out of Debt - Ways to Solve Debt Problems How Do You Spell Debt Relief? Secured Debt Consolidation Loans Single Solution to Your Multiple Problems How to Improve Your Credit Rating Thinking Beyond Debt Consolidation Loans
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