Getting More for Less with Bad Credit Cards

By now everyone knows that the economy is close to collapse.  Banks and lending institutions are the most responsible for the mess ... even to those who don’t.  Credit card, personal loans, payday advances, and mortgages were readily available to people with bad credit. The downside of this easy credit is that common sense evaporated [more...]

Date: 2008-10-29 16:22:57

Blog posts (15) | Videos (12)
 

Mission and Recession

by Skye Jethani The financial talking heads are attributing the current economic crisis to a number of things: lack of regulatory oversight, ... rate and over $8000 in credit card debt. As Dave Ramsey says, we are not “acting our wage.” ... bad mortgage lending practices, and globalized market structures. But some of the more plainspoken [more...]

Date: 2008-12-10 17:00:51

Residential Mortgages (part 1)

Donna Elizabeth Lewczuk asked: a residential mortgage in today’s market can seem like a daunting task ... lending institutions, even for those with bad or less than perfect credit. There is also often ... or not you are self-employed and have verifiable income or if you have a bad credit history will also determine [more...]

Date: 2008-11-18 15:54:42

Will A Big Three Bailout Work?

General Motors has more bad news: GM said that the troubled mortgage industry and frozen credit markets have raised doubts that the mortgage ... meet capital requirements, frees up lending and the banks can make a profit. Auto companies are not similar. Unless the auto companies can build and sell a car or truck at a gross profit (a profit [more...]

Date: 2008-11-10 22:27:53

Concerns Of Home Buyers

by James Weekson There are many who want to purchase a home, but are scared after hearing all of the talk about how nobody is lending money and for people with a bad credit rating that of course means there is no way of obtaining a mortgage. First of all, there will always be a company around that will lend money and even though high end banks often restrict the amount lent out and to whom they lend money to, there are always other options available. [more...]

Date: 2009-09-27 17:36:13

Concerns Of Many Home Buyers

by James Weekson There are many who want to purchase a home, but are scared after hearing all of the talk about how nobody is lending money and for people with a bad credit rating that of course means there is no way of obtaining a mortgage. First of all, there will always be a company around that will lend money and even though high end banks often restrict the amount lent out and to whom they lend money to, there are always other options available. [more...]

Date: 2009-09-28 07:45:51

Meet a self-described “bank terrorist”

Revolting (h/t: Moonbattery): Bruce Marks, founder of the leftist Neighborhood Assistance Corp ... “easy lending.” Listen to NACA’s pitch: “Come to NACA, and regardless of how bad your credit ... , while increasing the number of mortgages it restructures by lowering interest rates and extending loan [more...]

Date: 2008-11-20 23:53:27

Bad News, Good News

With a load of economic data out this morning the pound is off 1% against the euro, the Purchasing Managers Index is down sharply, mortgage lending is down 70% year on year, credit card borrowing is up, PWC have research ... more. It is not all bad news though, Guido is short the FTSE.... Advertise on this site [more...]

Date: 2008-12-01 09:51:59

How to Up Your Odds of Getting a Mortgage

by Troy Cruz William Engle Dawn Khoury James Nissen Robert Hill Chris Laning Janet Taylor Jack Enders Bruce Gross Rick Bean Keith Wood Ray Johnson ... is. When you are doing your homework, make sure you get your credit score. This is going to tell you how good or how bad ... that is going to lend to you. If your credit score is good, you are going to find [more...]

Date: 2009-01-04 09:20:10

Andrew W. Smith: How kinder, gentler lending caused the Panic of ‘08

Blogger Andrew W. Smith lives around Tulsa, Oklahoma, but has deep roots in Nova Scotia ... ." Sloganeering has been a handy stand-in for understanding of this credit crisis. "Crony capitalism," "neocons ... which had approved that bad mortgage was not much bothered by the borrower being a bad risk, so long [more...]

Date: 2008-10-23 07:01:01

Tom Gregory: Rearranging The Deckchairs

It's been nearly one hundred years since the greatest symbol of maritime achievement -- the "unsinkable" ... iceberg is bad mortgage debt. Initially viewed as insignificant on the surface, it stretches its heft ... compartments of credit availability, asset liquidity, bank's willingness to lend, and confidence [more...]

Date: 2008-10-06 06:54:54

Can We Stop Falling House Values? An Op Ed by the NAHB

This is excerpts from an op ed piece written by Steve Hodgkins ... mortgage lending boom send housing prices way too high because credit was too easy?   Or did housing prices fall because those loans went bad?   Or both? Falling values have decimated the single-family [more...]

Date: 2008-12-09 15:19:51

Can We Stop Falling House Values? An Op Ed piece by the NAHB

This is excerpts from an op ed piece written by Steve Hodgkins ... mortgage lending boom send housing prices way too high because credit was too easy?   Or did housing prices fall because those loans went bad?   Or both? Falling values have decimated the single-family [more...]

Date: 2008-12-09 15:32:05

What To Look Out For When Shopping For Lenders On-Line

The lending industry will often resort to offering great benefits on some of their products ... conditions. They do exist. Quick Online Bad Credit Mortgage Approvals Now, do not rush. They are giving ... . Now, with bad credit, can they just approve your mortgage without digging into your financial records, job [more...]

Date: 2008-12-28 14:55:57

Improve Your Credit Score - Determine Your Creditworthiness

Sure, the economy may be flailing, but learning to preserve and maintain your creditworthiness and improve your credit score is still extremely important. If you’ve spent any time watching or reading the news, you’re aware that bad mortgages obtained with faulty credit lending practices and other flawed methods have sent the economy into a ... [more...]

Date: 2008-11-22 19:00:48

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