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

Blog posts (16) | Videos (12)
 

how to improve your credit score

Having a bad credit can be detrimental to your financing and places a number of hurdles in front of you when it comes to availing loa ... score. Having a Visa, MasterCard, Sears and/or gas card will show that you can manage short-term ... . Having a poor credit score can ha en to anyone for a number of reaso ranging from not paying [more...]

Date: 2008-11-27 01:52:52

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

5 Ways Poor Credit Scores Costs You Extra Money

Most of us wish a great credit inform to acquire vehicle financing, credit cards, and to squeeze a home. But, over these consumer loans, your credit inform can price we in bland vital expenses. What we do not know about your credit could be costing we money.Having a credit label equates to which we can sequence tickets, lease a car, and haven road residence rooms. [more...]

Date: 2009-08-13 23:35:42

The FHA and Impact on Real Estate Values

Today the FHA, the Federal Housing Administration, is a gigantic player in the residential mortgage business. The FHA guarantees mortgages against default, and allows purchases of homes with only a 3.5% down payment, and provides a rock bottom interest rate of near 5%. These lenient terms apply to virtually everyone, even those with poor credit scores and little equity in the home, which are highly correlated with default. [more...]

Date: 2009-09-19 16:13:23

Private Moneylenders The Real Estate Investors Secret Weapon

Real estate investments are very lucrative and offer a variety of other benefits such as tax deductibles and asset appreciation ... to poor credit score. Another advantage of obtaining loans from private moneylenders ... , they are willing to overlook their credit records. This form of financing can prove to be extremely [more...]

Date: 2009-01-17 23:30:35

Do It Yourself Credit Repair

by Landon McGehee With each day that passes, a poor credit rating will become more of an expense. Improving your credit score really does pay off ... in return, pose some questions for you to consider. Advertisements for various credit repair services ... of immediate credit repair that is “100% guaranteed”. Some wise advice from the Federal Trade [more...]

Date: 2008-10-13 15:48:10

Your Guide to Do It Yourself Bad Credit Repair

by Landon McGehee With each day that passes, a poor credit rating will become more of an expense. Improving your credit score really does pay off ... in return, pose some questions for you to consider. Advertisements for various credit repair services ... of immediate credit repair that is “100% guaranteed”. Some wise advice from the Federal Trade [more...]

Date: 2008-11-04 08:35:48

Did You See What God Just Did To Us, Man?

Evangelical Christianity’s prosperity gospel is indicted for ints contribution to our current economic troubles: ... who got dicey mortgages to believe “God caused the bank to ignore my credit score and blessed ... to Wachovia and get a loan,’ but I have heard, ‘Even if you have a poor credit rating, God can still [more...]

Date: 2008-10-13 12:22:42

My Year End Financial Performance Review

Mr. ToughMoneyLove has spent a good part of the past five months being critical of others who use poor judgment in matters of personal finance ... of the almighty credit score.  Depending on your own attitude about these subjects, I may come across ... now looking at the yearly performance of our entire portfolio.  Frankly, I knew it was bad [more...]

Date: 2009-01-05 13:33:20

Forgotten Gems: Clash of the Titans

Thanks for checking out my review in a new feature I like to call Forgotten Gems ... this. The stop-motion model animation and poor green-screening almost give credit to the charm of this film ... musical score until there is a true moment of plot that requires its punctuation. The casting [more...]

Date: 2008-07-13 00:16:20

Did God Really Grant Houses to the Poor? You Betcha!

Time magazine just put out an article about how a certain type of Pentecostal Evangelism likely put a large number of consumers more ... correlation. That’s what a scholar of the fast-growing brand of Pentecostal Christianity believes ... who got dicey mortgages to believe “God caused the bank to ignore my credit score and blessed [more...]

Date: 2008-10-06 06:39:32

Obama: Educate from birth through college

Speaking at Stebbins High School (mostly white, average scores) ... credit to any middle-class student who’s willing to serve their community or their country.” (What about poor and rich students who serve?) Now, part of the plan also calls for fixing the broken [more...]

Date: 2008-09-10 01:35:32

Emily’s List: 'Poor' musician edition

Happy Friday! Today is the birthday of several music greats; Joan Baez, Jimmy Page, Dave Matthews, and even AJ McLean of the Backstreet Boys ( ... and debt. 1. Everyday Finance explains what your FICO score is and why it matters. Don't feel bad ... of the composer Johann Strauss. This week's credit card roundup of posts from around the personal [more...]

Date: 2009-01-09 15:30:21

Free Credit Score Online!

Credit Score is an important factor considered by creditors, money lenders and other financial institutions ... a good credit score: The Potential lenders, banks, credit card companies and employers measure ... not be under this misconception that a bad or poor credit score will always remain poor. You can improve [more...]

Date: 2009-01-14 10:33:46

Is A Poor Credit Mastercard Getting You Down?

by Kurt Russel There are now thousands of credit cards swamping the marketplace and even when you have a poor credit score, you can still apply for a small number. Nonetheless, people who are in a bad credit predicament ... to supplying a credit card. Obviously your main concern will be, what ensures a poor credit Mastercard a better [more...]

Date: 2008-12-16 19:38:03

16 Results