9 Reasons for a good credit rating or FICO score

Does my credit rating really matter? That question goes through a lot of people’s heads as they max out their credit card or don’t pay their ... . They check your credit score when you fill out a rental application because they like to know what kind ... kind. Having good credit can mean the difference between homely and homeless! 3. Employment [more...]

Date: 2008-12-22 12:22:27

Blog posts (35) | Videos (17)
 

Consumers advised over action to take if rejected for finance

In the current financial climate an increasing number of consumers are finding themselves being turned down for finance, such as loans, credit cards, ... to check their credit report, as this will show them what their credit rating is like and will give ... they should take once rejected for credit. Many tend to make another application to a different [more...]

Date: 2009-01-02 11:45:58

The European Privacy Partnership warns that consumers may lose more that their credit rating if they default on loans; jobs are at stake

This month's UK bankruptcy figures show that UK business and individuals are still choosing bankruptcy as a seemingly easy way out of debt problems ... and employers often check credit history to ascertain an applicant's reliability or risk rating. In many ... may be refused employment due to a bad credit rating."In the current climate perfectly honest [more...]

Date: 2008-11-19 18:32:00

Maintaining Excellent Credit Rating

Being approved for credit is a sign that someone is willing to take a risk on you with their money ... of all, get your free annual credit report from the credit bureau. Check for mistakes or false ... bills - food, utilities, rent, or mortgage. Before you go out shopping for credit lines, make sure [more...]

Date: 2009-01-15 03:41:35

What Are Benefits Of Good Credit?

By Darren Cason Most people know that if you have a good credit score, you get good interest rates and better offers on new loans and credit ... requirements. Many apartment managers, landlords, and those who offer leases will check your credit ... the credit report is only to verify past employment, but often the credit score is considered as part [more...]

Date: 2009-01-10 12:00:16

2007 J.D. Power Satisfaction Ratings in Finance

J.D. Power & Associates puts out annual customer satisfaction surveys in all types of industries from automobiles to finance to insurance to travel ( ... I used more - retail banking and credit cards. While I don’t discuss the mortgage ratings, go check ... banking, mortgage related, and credit card groups. At the time I first wrote this, I didn’t think [more...]

Date: 2008-08-10 19:27:39

Monday links: fundamental design flaws

Earnings revisions are at a two-year high.  ( Bespoke ) Emerging market bond spreads have been halved YTD.  ( EconomPic Data ) Everyone thinks interest rates are going higher .  ( Clusterstock ) Checking in on some credit market indicators .  ( Calculated Risk ) Taking a look at the longer term cycles for the VIX .  ( VIX and More ) Research into the relationship between the dispersion in equity returns, the VIX and forward alphas.  ( SSRN ) Research shows hedge [more...]

Date: 2009-09-28 16:20:34

Find Out Here Useful Knowledge - Finding Secure Auto Loans Website

You can find online car loans everywhere. But before you punch in important personal information, make sure that you’re on a good secure site ... . You can take it with no penalty if the dealer offers a better loan rate. Check out credit unions, banks ... -related expenses. Don’t forget to verify your credit record. Order a copy of your credit report [more...]

Date: 2008-11-16 19:08:43

Things I Learned When I Refinanced My Home

Some days I feel like a home refinancing expert. I’ve refinanced my home twice in the last three years to take advantage of attractive interest ... , I called my local banks, credit unions, and savings and loan companies. I also checked interest rates on the Internet. One year later, while checking on the Internet I found a rate of 4.375 percent [more...]

Date: 2009-01-15 01:31:07

Is your bank safe and sound?

There have been five north GA banks that have failed last quarter or are on the problem list with cease and desist ordersFreedom Bank, Commerce, ... : *** "Performing"The Bankrate system also rates credit unions. I didn't check banks in Athens ... Specialists.In our neck of the woods, the employment outlook is dim. Unemployment rate increases to 25-year [more...]

Date: 2009-01-02 17:04:00

Borrowing future growth

By Fester: Today's employment and unemployment numbers were ugly. The unemployment rate went to 6 ... . Some credit the short term rebate check stimulus. but there is another reason that sounds very plausible for this good number despite all of the labor, income, and credit market problems. Dave Altig [more...]

Date: 2008-09-05 19:20:39

Five Ways To Make Any Financial Resolution A Success (Guest Post From J.D. Roth)

This guest post is from one of Wesabe’s new Advisory Board members, J.D. Roth, who writes about smart personal finance at Get Rich Slowly ... or credit union. Check out this huge list of rewards checking accounts by state for rates as high [more...]

Date: 2009-01-08 17:07:44

Conducting Pre-employment Background Checks

With the infinite amounts of information being passed on the Internet today, ... records, credit records and many more. Under the Fair Credit Reporting Act (FCRA), some background check ... credit card frauds are happening in the information superhighway at an alarming rate. Though a lot [more...]

Date: 2009-01-16 18:24:08

Home loans

by Tom Martens For the vast majority of us, homeownership means a monthly mortgage installment ... this rate, your credit history and credit score are major factors in whether your bank considers ... the best option for you. Administration fees payable every month differs with each loan, so check [more...]

Date: 2009-01-16 14:53:39

Payday Loan Harassment

Make a good chance from no fax payday loans. The need for another 15 days. Technology has changed the way of people’s thinking ... to avoid further charges as well as your employment with a poor credit histories while approving ... harassment post-dated check from that company. The rate of interest debt! This can be really helpful [more...]

Date: 2009-01-08 05:56:13

Who’s At Fault for Economic Crisis - Everyone: Tom Friedman

I would encourage everyone to read Thomas Friedman’s column in the New York Times today.  Along those same lines check out PBS’ Now and their report on the credit rating agencies and their role in the financial crisis.  The first three grafs: I spent Sunday afternoon brooding over [more...]

Date: 2008-11-26 14:57:32

Mortgage Rates Dip to Low 5’s

criteria that I use for pricing Friday’s rates.  Do check with your local Mortgage Professional to see what rate you qualify for.  What’s caused this big dip?  You can thank the Fed for stepping in to buy $600 billion ... the company was in violation of financial debt covenants of its note-purchase agreement and credit agreement [more...]

Date: 2008-11-25 16:14:43

Easy No Credit Check Loans

September 20, 2009 | By Preston West In Blogging | For those people with low credit scores or low wages, “No Credit Loans”, are an excellent alternative. Although this loan is linked with much higher interest rates it is an option for those with few choices. Because the loans are usually paid back over a shorter amount of time the huge interest rate may not be a deterrent to borrowing funds. For people that need quick cash for a short term, this could be ideal. [more...]

Date: 2009-09-20 22:50:50

Why Can't You Ever Make On-Time Payments?

By Tisha Tolar How frustrating is it to pay all of your bills each month when you finally get a minute to sit down and take care of things, ... -free life, with a much-improved rating of credit. Since no one method works for every single person or financial circumstance, here is a check list of questions to get you thinking about your money [more...]

Date: 2009-01-12 22:28:05

Fed to Lend to Fannie & Freddie

All of our weekend guests finally clear out, we clean up the barbecue remnants. I get a few seconds to sit down to the computer to check email, and THIS is what greets me: &gt ... be at the primary credit rate and collateralized by U.S. government and federal agency securities [more...]

Date: 2008-07-14 02:16:25

A Bailout For The Big 3

Another currency rally….  Bank of Canada cuts 75 BPS!…  A Santa rally?… What Asia thinks… And Now… Today’s Pfennig! ... the dollar in check, folks… The Bank of Canada (BOC) did cut rates yesterday 75 BPS… You may recall ... t understand the mentality here with these Central Bank rate cuts… It’s not the cost of the credit that’ [more...]

Date: 2008-12-10 13:55:26

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 ... loans to customers with a credit rating of 621 or above, down from yesterday’s minimum score of 700 ... use progress on the Volt as leverage in negotiations for federal aid. So, bailout? Check. Cash [more...]

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

How Low Apr Credit Cards Work

How Low Apr Credit Cards Work December 8th, 2008 Subscribe To Our Feed Used properly, ... interest rate there may be other charges like an annual fee and check to see if that low interest ... a credit card will be one of the most useful financial aids you can ever own but finding [more...]

Date: 2008-12-08 14:55:05

The Monetary Base Finally Moves

The Federal Reserve has for a long time eschewed increasing the money supply directly, and instead has manipulated credit to affect the economy and control inflation. This has led ... grown at a very slow, or non existent rate. From David Merkel: Check out the very far left side [more...]

Date: 2008-09-30 21:05:16

Barriers and Problems Refinancing a Home Mortgage in 2009

My quest to refinance my home mortgage continues. Rates are around 5.00% with no points for a 30 year fixed, last I checked ... based on LVT ratio, credit score, and loan type. For instance, take someone with a 95% LVT, good ... Fannie Mae and Freddie Mac underwriting guidelines must have an LTV ratio of 80% or less. Higher LTV [more...]

Date: 2009-01-14 11:00:51

News and Blogs: Friday, November 14, 2008

America’s 20 Best Health Plans. Unsurprisingly, my plan is not on this list from MSN and US News & World Report ... higher interest rates on consumer credit cards. For the “News and Blogs” features, which I plan ... . I should take advantage of my Aetna plan more by visiting a doctor for a check-up once in a while [more...]

Date: 2008-11-14 18:30:08

User-generated Content Impacts Health Determinations

User-generated Content Impacts Health Determinations WOMMA member GolinHarris’ latest blog post cites a Manhattan Research report that nearly half of ePharma consumers, 47% to be exact, credit user-generated descriptions, opinions and reactions ... in an uproar. Their huge response: trash the Amazon rating of “Spore.” At last check, 92 [more...]

Date: 2008-09-10 08:29:36

Does The Most Common Refinance Problem Have A Solution?

What is the problem? It’s the shrinking value of your little bungalow ... . They have a 6.25% mortgage rate. They still have good credit, the same employment, and want to lower ... on your mortgage payment is a good thing. Check with us or a trusted loan officer to determine [more...]

Date: 2009-01-06 15:57:19

Checking Out Current Mortgage Refinance Rates

Inspired by Jim’s recent efforts to research a possible refinance, I decided to drop by LendingTree to see what they have to offer ... offers that don’t take into account your credit score, etc. He further stated that he could do much [more...]

Date: 2008-12-23 20:55:28

Ripples from Chase. Banks in the news, and not in a good way

Here is a job listing just in time for all those great folks at Chase Chase’s exit from wholesale left brokers searching the rate sheets in their ... up-front fees for application, credit report and appraisal with the thinking being “once a customer writes a check, even for a nominal amount, they are motivated to stay put”. And successful [more...]

Date: 2009-01-15 14:34:13

It's the Economy, Stupid

The Labor Department today reported that business productivity surged to a revised 4.3 percent annual rate in the second quarter of the year ... measure quality of output.)Higher productivity keeps inflation in check. When companies can produce ... of their lines of credit because the housing bubble has burst. The result? Employers can't sell [more...]

Date: 2008-09-04 12:27:00

No economic news, but Lots of investor updates

The rates are great – jump on in!  Remember that next-to-0% short term Treasury rates are helping many ARM loans reset to lower rates ... , verifying income and/or employment.” Fannie Mae has issued Announcement 08-35: Credit Score Requirements ... . How are we looking in terms of ARM re-sets for 2009? Well, not too bad! Check out the websites [more...]

Date: 2008-12-22 17:23:40

Mortgage Rates for Friday Afternoon

Compared to the past few weeks, this week seemed a little more calm with regards to mortgage interests rates.  30 year fixed hung around 5.875 - 6 ... is based on owner occupied with a mid-low credit score of 720-739, “full doc” purchase with a sales ... of the year, check in with your mortgage professional.  Some lenders are beginning to either pull [more...]

Date: 2008-11-14 22:14:30

Rain City Mortgage Rates

Just a reminder that next Thursday is Thanksgiving and banks will be closed.  Our office will be closed until Monday, December 1, 2008 ... with a mid-low credit score of 720-739, “full doc” purchase with a sales price of $500,000 and a loan ... a mortgage with loan amounts of $417,001-$567,500 by the end of the year, please check [more...]

Date: 2008-11-21 22:37:18

Interesting Reads 26 Sep 2009

Here is a video of Buffet praising a Chinese suit company I found this week. I thought this was pretty interesting because it looks like Buffet doesn’t wear any other suits these days, so their suits must be really good or at least really good value for money. On to some other great posts this week: Savings Account Rates: The Latest on High Returns @ The Digerati Life Credit Monitoring Services check your credit report @ The Smarter Wallet Understanding Marginal Tax Rates @ M is [more...]

Date: 2009-09-26 14:05:47

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