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

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Poor Credit Scores And House Loan Possibilities

When applying for a mortgage as part of your overall preparation for home ownership, your credit score is vital ... (FHA) home loan. In this article, we’ll cover both options. 1. Sub-prime lenders who offer “bad ... that loan is going to cost you in interest over the life of the loan. If your credit score is below [more...]

Date: 2009-01-11 17:39:12

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