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Mortgage Professor about Challenged Credit: 
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...

How Do You Avoid 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...

Challenged Credit 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...

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

More about Challenged Credit

Get Free Challenged Credit 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...

Locating a Home Mortgage
When it comes time for you to acquire a home mortgage for your first home or for a second home, or perhaps you are just looking to refinance. Whatever the case may be, it is important to shop around for a home mortgage.When it comes to a home mortgage, mortgage companies are very competitive, they ... more...

Motivated by Oprah's Debt Diet?
Friday, February 17, 2006 marked the first of a multi-part series for The Oprah Winfrey Show, where Oprah challenged Americans to get out of debt. Oprah teamed up with three of the nations top financial experts to create a step-by-step action plan to show her viewers how to get out of debt. Oprah ... more...

Payday Loans--Helpful or Harmful for Borrowers
Offered to borrowers under many names such as paycheck loans, 'til payday loans, and cash advance loans, payday loans have grown rapidly both on and offline across America. They seem to offer a solution for many credit-challenged borrowers that is hard to resist: The ability to get instant ... more...

Credit Problems: What You Can Do
Having a blemish on your credit report can lead people to believe that it will be impossible for them to obtain a mortgage or refinance their current one.Although having less than perfect credit can be a challenge, all hope is not lost.There are lenders out there, and many of them, who specialize ... more...

Would An Elected Official's Credit Score Affect Your Vote?
Bad credit can happen to good people. Often all it takes is a financial misstep here or medical emergency there and the average American could easily make a late payment, miss a payment, or fall behind all together on their bills. While there is usually a unique personal story, and often a very ... more...

Why Should I Consolidate My Bills?
So, why should I consolidate my bills? For starters, there are many different ways to proceed with bill consolidation and debt consolidation. In the grand scheme of things, all of us would be happy with a debt consolidation loan with excellent terms, but there are other ways.Debt consolidation ... more...

Budgeting Made Easy
Well, dang! From what Ive heard and read, it looks like weve reached an all-time world-class new record in the amount of personal debt on the books. Now its probably not quite as bad as weve been led to believe, however many of us have managed to tromp further than we should have into the ... more...

Mortgage Financing: Beware of Predatory Lenders
In November 2005, Montgomery County, Maryland's county council enacted legislation to expand the categories of discriminatory lending activities associated with discriminatory housing practices and increased the maximum fine for such activities from $5,000 to $500,000. The council sited practices ... more...

Finding a Mortgage Refinance Advisor
If you are looking to refinance your home for a lower rate, or you are interested in a refinance with cash out to do some home repairs, buy a new car, etc., you may want to consider finding a mortgage refinance advisor.There are actually two ways you can go about refinancing your home. The first ... more...

What Does Your Credit Say About You?
A credit report is more than just a snapshot of your financial picture; it can assist credit grantors in determining your overall risk factor. Additionally, lenders, credit grantors, and even human resource departments often use it as a tool to determine a persons character.When applying for a ... more...

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