Repairing Credit Is Hard, Not Impossible

On average, if you are an American your credit score probably reads at about 692 A good score is considered to be 700, ... to find information on credit repair feeling lost as they read of lawyers and bankruptcy... ... so really even the average American needs to improve their credit some However, with many people [more...]

Date: 2008-12-25 16:00:00

Blog posts (14) | Videos (12)
 

Repairing Bad Credit - Things You Need To Know

If you plan on buying a house, a car or foresee needing a loan for something, then it’s important to improve credit, ... and a score in the 700s can end up costing you thousands of dollars in interest. Bad credit repair isn’t something you can pay a nefarious character to just “erase.” Your credit score is designed to let [more...]

Date: 2008-12-09 10:57:47

White House Throws GMAC $6 Billion Rescue Line

Remember when the Bush administration was opposed to tapping the $700 billion Wall Street bailout to help Detroit’s Big Three? Fugetaboutit ... percent fewer loans worldwide than it did a year before, Dow Jones reports.) The $6 billion — ... from a minimum credit bureau score of 700 two months ago down to a score of 621. From a statement from GMAC [more...]

Date: 2008-12-30 16:29:15

GMAC Restricts Financing To Credit Scores Over 700

Gmac_logo170 The credit crunch has already been affecting the automotive market for months, ... Related Credit Crunch Hitting Car Dealers (KickingTires) How Wall Street's Woes Affect Car Shoppers ... but now there is concrete evidence of exactly how bad it is. GMAC, the financing arm partly owned [more...]

Date: 2008-10-14 14:23:25

What to do if you’ve been turned down for a loan

Turned Down For a Loan?  Improve Your Loan-Ability! This article was written by Becky House, Education Manager for American Financial Solutions. For more information about credit scores, budgeting or managing your debt, visit MyFinancialGoals.org or contact Becky at 1.800.894.3946. Two years ago, someone with a 600 (poor) credit score could qualify for a mortgage or car loan. Now, reputable lenders will not even consider lending to someone with a score below 700. [more...]

Date: 2009-09-26 14:37:00

GMAC Now Officially Requires 700-Plus FICO Score For New Car Loan [Financiapocalypse]

The Financiapocalypse continues. We just received a copy of an e-mail that went out at GMAC, the lending arm jointly owned by GM and Cerberus, ... : you'll now need a minimum 700 credit bureau score to get a car loan at dealer invoice or below from GMAC ... such as dealer wholesale financing, until the credit markets are stabilized. To assist dealers, GM [more...]

Date: 2008-10-13 22:20:00

Car Incentives Are Back

It is no secret that American auto manufacturers are facing declining sales ... financing for new cars especially for those who have a credit score of 700 or better. Those with bad ... over. Recent additions: No Credit Auto Loans Is Now the Best Time To Buy A New Car? Examining [more...]

Date: 2008-07-30 20:07:10

Collector Threatens Jailtime Over Dead Debt [Debt Collectors]

Reader R. kinda messed up his credit years ago. He's a good boy now and his credit score is 700+, ... for the last 10 years. I have maintained a checking and savings account in addition to many bills ... there ridiculous yearly service fees, and monthly account fees in full each month helped boost my credit enough [more...]

Date: 2008-10-24 21:04:06

Re: [khabor.com] Root cause of all terror Is Indian occupation of Kashmir: Mi...

What view does the Secretary holds on Muslims' demands for creation of a state of their own out of the Philippines? ... his comments on the Kashmir dispute, insisting the resolution of the conflict was essential to root out terrorism from the region. A Good Credit Score is 700 or Above. See yours in just 2 easy [more...]

Date: 2009-01-17 03:34:00

Chrysler to Offer 0% Financing After New Bailout

The government loaned Chrysler Financial $1 ... to a wider range of credit scores, which means it will be that much easier for people without sterling scores of 700 to buy cars. A score of 620 will be sufficient to get you into a vehicle. Chrysler [more...]

Date: 2009-01-16 21:38:39

GMAC rescue = easy credit. Not so fast

GM’s auto finance affiliate is open to more customers but the deals may not be so sweet ... auto financing affiliate, is easing up its terms for writing new auto loans. That means you could ... , GMAC stopped offering auto loans to consumers with credit scores lower than 700. That meant only [more...]

Date: 2009-01-03 10:04:04

Volt Still Kicking as Feds Take $5B GMAC Stake

With a new $6 billion bailout from the Treasury approved late yesterday, General Motors has lowered its requirements for auto loans ... of GM’s retail customers last year, Bloomberg reports). This morning GMAC announced it will provide loans to customers with a credit rating of 621 or above, down from yesterday’s minimum score of 700 [more...]

Date: 2008-12-30 21:00:12

GMAC limits loans to buyers with 700+ FICO rating

Filed under: Car Buying, GMIf you're in the market for a new car, you'd better get your credit score in order first ... some sales, but according to credit information services company Experian, 74.3% of all auto loans went ... . Auto lending units are looking for top tier customers right now, and GM's captive credit arm [more...]

Date: 2008-10-14 12:52:03

Weekend CurbedWire: Market Crisis Round-Up

These are bizarre times, people. The latest national and local headlines, and how the news could affect/is affecting Los Angeles ... ." 4.) What You Can Control: Your Credit Score, NY Times: “If you can’t come up with a big down payment ... ." 2.) Bailout Won’t Fix Housing Crisis, Real Estate Pros Say, San Diego Business Journal: "While the $700 [more...]

Date: 2008-10-11 19:55:23

14 Results