Real Estate: Buying your first home.
Wondering about buying your first home? Are you ready to move up or down-size??? Have you heard they aren’t making loans any more? ... ???.. In simple terms Lenders want: Stable work history; Two years Employment in the same field is considered ... . Good credit; your credit score needs to be 620 or higher, in most but not all cases. FHA [more...]
Date: 2008-09-23 16:00:42
Blog posts
(38)
|
Videos
(47)
Fundamentals to Repairing Credit
Fundamentals to Repairing Credit by Rob Kosberg If you have learned that you are referred to in the financial world as a “credit risk” you will ... on your “credit report” and “credit score.” Therefore, you need to know what those ... bureaus: Experian, TransUnion, and Equifax. One can get a free credit report from each every year [more...]
Date: 2009-01-09 00:28:48
Understanding Credit Score Ratings
By William Blake The credit score rating scale is a confusing numeric system to understand ... on your credit report. Also having a lot of outstanding debt with large balances and/or high rates ... That You Need Credit counseling is readily available free of charge to any who desire to better [more...]
Date: 2009-01-05 14:21:43
The Credits Secrets Bible Can Help Your Credit Score
Credit is a necessity that we all need. But if it is abused or overextended, you could end up in a bad situation. Credit cards and loan debt is at an all time high and people are looking for ways to repair a damaged credit rating. A product called Credit Secrets Bible (CSB) is now available from the Consumer [more...]
Date: 2009-01-11 14:35:09
Free Credit Report and Scores
Free Credit Report and Scores January 14th, 2009 Subscribe To Our Feed Are you kind of person that is regularly updated about the state of your credit report? such thing has become very important nowadays, considering the current ... moves need to be taken with care, a credit report checking could save you problems in the near future [more...]
Date: 2009-01-14 14:47:36
CREDIT REPAIR ESSENTIALS
by Rob Kosberg If you have learned that you are referred to in the financial world as a “credit risk” you will want to alter this and once again be ... . On a yearly basis, you are able to receive a free report (fee for the credit score) from each ... (with a copy of the credit report) to any or all, if needed, credit bureaus. Definitely retain COPIES [more...]
Date: 2009-01-03 00:53:28
8 ways to improve your credit score
8 ways to improve your credit score By Katie McCaskey, Geezeo.com Why? Because it’s harder than ever to get a loan. And the higher your credit score, the better your chances of securing a loan at a good interest rate when you need one. Read More » Cheat Sheet Biggest Loser Club on trimming [more...]
Date: 2008-12-13 00:46:40
Refinancing Your Mortgage
Refinancing Your Mortgage Posted by Internet Guru at December 7, ... credit record, but you need a credit score of 720 to access the lowest interest rates. You must fully ... will buy up to $600 billion of mortgage debt. BusinessWeek’s personal finance editor Lauren Young spoke [more...]
Date: 2008-12-07 14:19:44
Refi Problems
While mortgage rates may be a historic lows the screening that lenders are doing are stricter than ever ... rates, you'll need a FICO credit score of 720 or higher, says Cameron Findlay, chief economist ... it's not worth the trouble. ...If you have a home equity loan or line of credit, you'll probably need [more...]
Date: 2009-01-16 13:13:00
The truth about home down payments...right now
Filed under: Real EstateWith all the talk about the credit crunch and tough housing market, ... to get a mortgage. While it's true that credit score requirements are higher than ever -- somewhere north ... to get an FHA loan with a weaker credit score than you would need for traditional Fannie and Freddie [more...]
Date: 2009-01-02 23:30:00
Buying the Auto Industry when Everyone’s Selling
Now is not the time to be in the car business. As the stock market plunged in October, car sales followed suit ... the heat. Credit is tight, meaning prospective car buyers will need a better credit score if they want ... this business to return to an annual growth rate that’s well in the double digits. So are we crazy [more...]
Date: 2009-01-15 19:57:40
Credit Repair Secrets
Millions of Americans who lost their homes in the foreclosure crisis are now in dire need of credit repair ... to do so. Your first port of call is to check your free credit score with Experian, TransUnion and Equifax ... . Bankruptcy can cause a low credit score by shedding 300 or more points off; not to mention [more...]
Date: 2008-12-28 18:57:05
Types of Credit Repair Services
Types of Credit Repair Services December 31st, 2008 Subscribe To Our Feed Unfortunately, the world is set up to encourage borrowing ... loan, you’ll need an unsecured credit card and a lender to get by. Americans with credit scores from 300 to 700 are all wondering how they can boost their credit scores to that much-coveted 850 [more...]
Date: 2008-12-31 20:38:00
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 ... consumers who have a minimum 700 credit bureau score, with an advance rate equal to or less than [more...]
Date: 2008-10-13 22:20:00
Why Buyers Should Adopt the Scout Motto
Be Prepared! Buyers, especially first time home buyers, need to adopt the scout’s motto ... a full credit report and did not send your file to their underwriter for approval. If you are really ... . Follow their advice. Many of today’s buyers need to clean up their credit scores in order to obtain [more...]
Date: 2008-07-02 17:47:16
Understanding The Home Mortgage Calculator
Contrary to popular belief, home mortgage calculators do not wear suits and ties and sit behind an abacus all day trying to determine how much a ... gives them a lower credit score, they will need to know how much they will be charged to make ... potential homeowner’s mortgage payment is going to be. Although in the early days of banking [more...]
Date: 2009-01-16 09:38:50
Credit Repair Help - It’s Not As Hard As You Think!
by Mark Alison It’s hard to live with bad credit. You need credit to lease a house or car ... to get your credit back in good standing, some sacrifice should be made. Equifax, Experian, and Trans Union are the three credit reporting agencies that report to FICO. FICO is who keeps your credit score [more...]
Date: 2008-12-28 22:13:40
GMAC to lend money to those with credit scores higher than 700
We already saw how the economy has affected the markets, from real estate and auto industries, to financial institutions ... lending money to people that have a credit score of more than 700, I did not even blink ... . Long gone are the times when 0% down and “no credit needed” loans were widely offered by lenders [more...]
Date: 2008-10-24 21:26:58
Good, Better, Best...Never Let it Rest
Hey y’all! Happy New Year and all that jazz! I hope everyone had a safe and great New Year’s Eve and Day ... life Cs in English on my report card. Now if you don’t know, a 4 is what you usually need to receive college credit. Best score is a 5.Needless to say my confidence was shook. I pressed on. I worked [more...]
Date: 2009-01-02 16:55:00
5 Credit Questions with Fair Isaac’s Barry Paperno
Following my guest post on my good friend JD’s Get Rich Slowly about How to Prepare for Buying a Home, ... it needs to be — particularly if errors on the credit report ... , otherwise known as your credit score, which is probably one of the the most important numbers you need [more...]
Date: 2008-09-23 16:11:34
Visa Black Card for When Gold Just Won’t Do
There is a new elite credit card out on the market. This time it isn’t American Express that is offering it ... explain what credit score or annual household income you need to qualify, but I am assuming ... Card. These elite types of credit cards go the extra mile for those that are willing to pay [more...]
Date: 2009-01-07 12:28:53
Buying the Business No One Else Wants
p {margin-bottom: 1em;} The Penny SleuthFeatures:Penny Stocks| Options | High-growth Opportunities | Archives| Contact UsEditor's Note: ... the heat. Credit is tight, meaning prospective car buyers will need a better credit score if they want [more...]
Date: 2009-01-15 20:35:00
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
FHA Streamlined Refinance - Lower your Rate and Payments Without Credit Qualifying or a New Appraisal
With rates near an all time low, refinancing has become a big thing again ... refinance: No credit qualifying. This is not credit score based and it is not even necessary to pull a full credit report. Your mortgage does need to be up to date, and current and we will look [more...]
Date: 2008-12-30 16:30:24
Banks, Loans & How To Save Big Bucks
When shopping around for a loan, whether it be auto, home or consolidation, most individuals turn toward banks for the money that they need ... . Are you familiar with your credit report and FICO score? If not, you should be. Visit annualcreditreport.com to receive a free copy of your credit report, from each of the three credit reporting [more...]
Date: 2008-11-24 07:47:36
Do I need another credit report?
The following post in our Reader Question series is an actual user submitted question ... about him. A: We recommend checking your credit report and score at least once per quarter ... of the information in your credit report can literally save you hundreds or even thousands of dollars on a loan [more...]
Date: 2009-01-12 19:10:54
Racing the Clock on DPA Programs: Will The Dems Save the Day?
I had some fun, yesterday, with a report about the down payment assistance ban and the First-Time Homebuyer Tax Credit ... credit score of 620. Compliance to the underwriting guidelines then, could make DPA programs, or 100 ... that the Tax Credit might be collateral for a “tax refund loan”, thereby, facilitating the need [more...]
Date: 2008-08-28 04:26:04
Dr. Jekyll And Mrs. Hyde
Me: “Thank you for calling, this is ***. How may I help you today?” Customer: *cheerful* “I need you to check my account ... my credit score, you little punk!” Me: “Ma’am, you called me. This is your insurance company [more...]
Date: 2008-08-14 08:03:21
The United Socialist States Of America
I can't imagine any politician arguing against this on principle, can you? ... , and immediately lowered its lending standards. No longer would buyers need a credit rating of 700 or higher. Now, people qualify with scores as low as 621, which is 2 points above “poor” and 102 [more...]
Date: 2009-01-14 03:19:28
THE FINTAG NEWSLETTER @ 25 August 2009
FINTAG COMMENT Plastic Ono Bank. Bank of America is having trouble packaging up its credit card receivables and flogging them on. You see, to get a decent FICO score you need debts that are likely to be paid back but BoA seems unable to throw any into the mix. I made the error yesterday of stating Mastercard and Visa were in trouble and rightly so I was shot down for they are payment processors not debt holders. I was using a metaphorical term but it didn't work. [more...]
Date: 2009-08-25 23:35:00
PMQs: No Score Draw
This was a much quieter PMQs than last week - that much was inevitable. David Cameron started by asking about credit for small businesses and saying that the government needs to do more to get credit moving. He said the establishment of new institutions to underwrite [more...]
Date: 2008-11-19 12:22:00
Good News On Mortgages
Good news on getting financed! Well, it seems that things might not be as grim after all for those of you trying to obtain financing! If you have a credit score in the upper 600’s, and a minimum of 3% (going up to 3.5% in January) down, you should still be able to obtain a mortgage! Contact us if you need assistance in obtaining [more...]
Date: 2008-10-23 15:22:50
Demystifying Boat Loans
If you have decided to take a boat loan you need to keep a few points in consideration ... for three years. If your credit score is less than 600 then the situation may be difficult. Lenders [more...]
Date: 2009-01-16 05:31:21
Needed, CA & AZ Retail and Office Investments
I have an all cash client looking for distressed / REO retail and office properties, $15 MM plus, CA & AZ. Dan MackeThe Macke Company895 Embarcadero Drive, Suite 201El Dorado Hills, CA 95762916 939-1498 ( Direct)916 939-1499 (Fax)dmacke1@aol.comA Good Credit Score is 700 or Above. See yours [more...]
Date: 2009-01-14 00:24:00
Auto Bubble Breakdown
Cheap financing led to soaring loans.The same chart with the financing rate axis reversed shows the strong correlation between the financing rate and ... they didn't need a new car every 30,000 miles, but they also found it difficult accessing cheap credit as lenders reigned in lending (i.e. GMAC refused to lend to any borrower with a FICO score under [more...]
Date: 2009-01-12 13:53:00
Houses, Credit Reports, Lenders….ACK!
Wondering about buying your first home? Are you ready to move up or down-size? Have you heard they aren’t making loans any more? ... terms Lenders want: *Stable work history; Two years Employment in the same field is considered ... your needs. *Good credit; your credit score needs to be 620 or higher, in most but not all cases. FHA [more...]
Date: 2008-11-08 12:00:06
Credit Scores & Car Loans
Q: What credit score is needed to get a car loan? What are the best options in your opinion? Any help would be appreciated. Thank you so much. Sincerely, Julie A: Even though the economy is seeing a mild recovery, credit is still tight which means it may be difficult to find a low interest rate car loan unless your credit score is above average. [more...]
Date: 2009-10-01 05:00:30
Credit Scores & Car Loans
Q: What credit score is needed to get a car loan? What are the best options in your opinion? Any help would be appreciated. Thank you so much. Sincerely, Julie A: Even though the economy is seeing a mild recovery, credit is still tight which means it may be difficult to find a low interest rate car loan unless your credit score is above average. [more...]
Date: 2009-10-01 05:00:30
38
Results
