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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...

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Get Free credit problems 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...

Different Types of Bad Credit
If you have a bad credit history it can still be possible for you to get a loan as long as you can meet the specific guidelines for loan approval by a multitude of lenders specialized bad credit loans. The lending industry uses categories to asess the credit risk of any particular borrower. A-minus ... more...

Benefits of a Bad Credit Personal Loan
Outlined here are some of the many benefits of a Bad Credit Personal Loan. Bad credit personal loans are increasingly popular these days. A poor credit history can happen to anybody at any time. Perhaps you need a bad credit loan because you missed some payments on a previous loan, got into ... more...

Debt Consolidation Can It Really Help Those In Debts?
Debt consolidation is the act and process of taking out one loan to pay off many other loans and bills like credit card bills or student loans.The main aim of debt consolidation is to basically reduce the total amount of loan repayment through interest rate reduction.Many debt consolidation ... more...

Credit Reports Errors Can Be Costly
In todays society, we cant function without credit. We need it to pay bills, borrow money, and to buy our homes and cars. A luxury of the current age is that credit is often granted easily and quickly, a result of years of automation and refining of record keeping. The glue that holds it all ... more...

Debt Consolidation For Tenants A Priceless Opportunity
These days it has almost become a fashion to take loans. With loans so readily and easily. Loans have now almost become a cure for all our financial problems. With terms of loans so easy it is hard to resist going for these loans when we have a financial need or if we have multiple needs we have to ... more...

Bad Credit? Qualify Yourself For A Zero Down Mortgage Loan
I decided to write this article today after closing a home purchase loan for a couple that had some major credit issues. They got into the house with ZERO down payment, and only had to bring $600 for the closing costs. Their situation was pretty bad, Im talking about a bankruptcy 2 years ago, ... more...

Is There A Way Out Of Your Debt Problems?
Do you have multiple debts? Do you have just one large debt which you could afford, but your circumstances have since changed? Are you finding it harder each month to meet the payments on your debts?You know debt is a problem, but maybe do not have any idea what the best way out is. Financial ... more...

10 Things You Must Do If You Want To Repair Your Credit Report
Credit problems bedevil a large number of people. If you have a credit problem I'm sure you know what I mean. Suddenly everything financial becomes much more difficult and it seems that everyone is out to get you. But a poor credit report is not a permanent situation. There are some things that you ... more...

Debt Problems? Bad Credit? Seek Help
Do you have debt problems causing bad credit? Then seek help of services offered by debt management companies. Whether you need advice or supervision over your accounts, people can help.Help For A Hundred QuestionsEven if you only have a few questions, credit counseling can steer you in the right ... more...

The Next Person With Credit Problems Got Their First Credit Card Today!
One of the focus areas of my information is the absolute necessity of changing the way a person thinks about money and debt while in the process of repairing their credit. I have seen cases where a couple will work really hard for months, and finally get their credit report to the place they can ... more...

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