Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about creditors: 
Do Credit Inquiries Hurt Your Credit Score?
September 18, 2000, Revised January 29, 2004, Revised November 18, 2004 Why Credit Inquiries Reduce Credit Scores Credit inquiries reduce credit scores because statistical studies show that multiple inquiries are associated with high risk of default. ... 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...

creditors related definitions

Regulation Z
Regulation Z, Reg Z A federal regulation requiring creditors to provide full disclosure of the terms of a loan including the terms of the loan and the annual percentage rate (APR). APR is a interest rate reflecting the cost of a mortgage as a yearly rate. This rate ... more...

Homestead
Homestead Status provided to a homeowner's principal residence - the dwelling (house and contiguous land) of the head of a family -in some states that protects the home against judgements up to specified amounts. Some states grant statutory exemptions, protecting homestead ... more...

More about creditors

Get Free creditors Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Warning: Today's "Non Profit Credit Counselors" Are Yesterday's Bill Collectors!
Here's a dirty secret, today's "non profit credit counselors" are often just front organizations paid lucrative commissions by creditors to keep consumers from declaring bankruptcy!In the "debt collection biz", creditors will sell your outstanding debt along with the debt of hundreds of others to a ... more...

Online Debt Consolidation Services - Lower Your Monthly Payments Now
Consumers looking for a way out of debt may want to consider the services of a debt consolidation firm. If you are spending more money than you can reasonably afford each month on paying credit card bills, medical bills, or other types of unsecured debt, a debt consolidation firm may be able to ... more...

What Is A Debt Consolidation Program?
Debt consolidation programs are devised to get you out of debt in the quickest and most inexpensive manner possible. When you sign up with a debt consolidation manager they will work with your creditors to combine all your debt and lower your monthly payments. It is a debt settlement arrangement ... more...

Bad Credit? No Credit? Yeah, It's a Problem.
Many companies use the slogan "Bad Credit? No Credit? No Problem!" The truth is that it is in fact a problem and there is no easy way to correct it. It takes a lot of time and effort to obtain credit when you do not have any and even longer to fix bad credit. The first step to solving these ... more...

The Flip Side of the New Bankruptcy Law
Congress passed and the president signed legislation earlier this year that made filing for personal bankruptcy a much more difficult proposition. At the urging of the financial industry particularly credit card providers and banks the new legislation was drafted and approved setting the stage ... more...

Pay Off Debt - Get Out Of Debt And Lower Your Monthly Payments
Debt consolidation can be confusing, especially if you have never considered contacting a debt consolidation company before. A debt consolidation company can give you free advice on reducing your monthly payments and show you the path to becoming debt free. High interest rates and the various fees ... more...

Debt Consolidation vs. Debt Negotiation
As the national consumer debt amount increases, many people are looking for an easy and quick way to eliminate their debt. Unfortunately, there is no quick solution to becoming debt free. In spite of this, many people fall victim to debt elimination scams.Debt elimination scams insist that ... more...

Debt Management - Is It the Right Choice For You?
Debt Management plans offer credit counseling clients a different and new approach to tackle their finances. Finding out if a debt management plan is right for you can take some time. However looking into the pros and cons now will help you know if entering into a debt management plan is right for ... more...

Building Credit Ideas
There are several ways that we can build credit. If you are tired of collectors hounding you, or if you are frustrated that no one will loan you money because you never had credit, it is time to learn how to build your credit. First, and foremost never purchase items you do not need. If you want, ... more...

Help with Debt Problems: 3 Ways Debt Services Can Help You Get Out Of Debt
Most people struggle with debt at some point in their lives. Perhaps a sudden change in your family or work situation has left you struggling to meet the minimum monthly payments on your credit accounts. Or maybe youve been struggling with debt for a while now; your creditors are threatening legal ... more...

Return to previous page   More articles on creditors
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009