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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...

credit problems related definitions

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...

More about credit problems

Searching for the Perfect Car Loan
Credit Unions have long been known as the place to go when you are in the market for a new or used car. Todays credit union pairs its long history of car financing with technological and bargaining tools that help consumers every step of the way.Of course, programs vary among credit union, but ... more...

Loan Sharks
In the world today, it is not at all unusual to find yourself short of the cash you need to pay your bills, feed your family and maintain a reasonable lifestyle. For every working stiff who runs out of money before they run out of week, there are unfortunately a number of shady characters willing ... more...

Student Loan Debt Consolidation Students Cannot Afford to Lose Sleep over Debts
Studies take a back seat when debts begin to hold a prominent place in students finances. Guardians would find this strange, since most guardians feel that they send their wards more than enough money to meet the needs of their wards. The needs have a very narrow definition that includes not more ... more...

Benefits of a Personal Secured Loan
A Personal secured loan can offer many benefits, some of which are listed below:Personal secured loans are loans that are offered to individuals rather than businesses.Rates for a personal secured loan will be way lower than for other loan products so it makes good financial sense for many of us ... more...

When and How To Shop For a Loan
If you're thinking of getting a loan but aren't exactly sure whether the current loan market is likely to produce a good interest rate, you might want to do a little bit of basic research into the interest rates that are offered both locally and nationally, as well as the various loan rates that ... more...

What is a Loan?
A loan is money that you borrow and agree to pay back over a set period of time with interest. The amount of money you borrow is called principal, and interest is the cost for borrowing the money. The length of time set to pay back the loan is known as the term.It is best to get a loan only for ... more...

Tips for Finding an Automotive Loan
There's a good chance that at some point you're going to have to apply for an automotive loan auto financing has grown into one of the largest loan industries in the world today.With the cost of new cars and trucks on the market today, it's perfectly understandable why a person would likely need to ... more...

User Guide to Payday Loan Terminologies
Are you approaching towards a payday loan cash advance? Is this your first loan borrowing? Are you acquainted with all the terminologies or facts that you will be facing when you approach for the loan? Need not to worry. We have assembled a brief payday loan glossaries and definitions to make you ... more...

How to Find a Bad Credit Loan UK
Finding a bad credit loan UK that meets your financial needs can be difficult sometimes it might seem as though there isn't a lender anywhere who's willing to take a chance on an individual that's had credit problems in the past.Of course, it is possible to get a bad credit loan UK ; sometimes all ... more...

Getting a Debt Consolidation Loan with Bad Credit
If you've ever tried to get a debt consolidation loan with bad credit, then you know that it isn't always easy. It may seem odd that you can have such trouble being approved for a loan designed to help people who are in debt, but many lenders can be hesitant to give money to a person who has a ... more...

Tips for Finding a Low Interest Loan
If you find yourself in need of some additional money to cover expenses, consolidate debts, or make large purchases, you might begin thinking about trying to find a low interest loan.Getting a low interest loan isn't always easy, however interest rates can fluctuate depending upon local and ... more...

Finding the UK Loan that You Need
Because it can sometimes be difficult to find a UK loan with a low interest rate and acceptable loan terms, many people get frustrated with the entire borrowing and lending process.Some individuals feel as though they cannot get a good UK loan because they've been turned down for a loan, and they ... more...

A Look at the Advantages of Secured Loan
If you're in the market for a loan, you might want to stop and consider the advantages of secured loan.If you're not exactly what a secured loan is, it is a type of loan that requires collateral to secure the loan and guarantee that the loan amount is repaid meaning that some piece of property such ... more...

How to Find the Best Online Loan for Your Needs
When trying to find the best online loan to fit your needs, it's important to keep in mind that finding the best loan might take a little time and effort and that several pertinent questions might be raised.Instead of rushing right in to your quest of getting the best online loan, you should think ... more...

How to Find a Quick Loan
If you're looking for a quick loan and don't know where you should start, you're in luck. There are several different types of lenders available today from which you might be able to get a quick loan ranging from traditional banks to finance companies, and even online lenders.Getting a quick loan ... more...

How to Find a Cheap Loan Online
If you feel lost while looking for a cheap loan online, take heart it's easier than you might think.Unlike traditional lenders such as banks and finance companies, online lenders operate in such a way as to allow them to offer lower interest rates and can thus make it much more likely to find a ... more...

An Overview of a Personal Loan UK
If you find yourself in need of additional money to cover expenses, make purchases, consolidate debts, or for other purposes, you might be in the market for a personal loan UK .Of course, you might not know exactly what a personal loan UK is if this is the case, don't worry. A personal loan UK is ... more...

Ways to Find a Cheap Loan
If you're in the process of trying to find a cheap loan, you might find it frustrating and wonder if you're ever going to find the loan that you want.If you haven't already, you might want to consider applying for a cheap loan online instead of using a traditional lender online lenders can usually ... more...

Military Loan and Military Loans
Military loans are made available to active servicemen and retirees and are one of the great benefits to those who have served their country. A military loan can be a wonderful way for military personnel to make much-needed home improvements, get the car repaired, pay for higher education or even ... more...

What is a Home Improvement Loan?
A UK Home Improvement Loan Can Give You The Home You Want.Looking to increase the value of your property? A Home improvement Loan could be the easiest and cheapest way to make improvements to your home.Are you planning an extension to your home, would you like to have double glazing, a new ... more...


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