Credit Crisis: Do You Understand It?
The CREDIT CRUNCH started in America with mortgages sold to those who could not afford them. These were low start mortgages which are virtually banned in United Kingdom. They were mis-sold in large numbers to people with both good and bad credit rating. People were persuaded to go well beyond their means to cope with the payment schedules. Mortgage costs went up after the initial period. As a consequence, most of the buyers could not afford the increased rate & defaulted in large numbers
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: 28/11/08 22:53
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Finance & Investment Tips : What Is Annual Percentage Rate?
An annual percentage rate is the rate of interest credit card companies and financial lenders charge on loans to make money. Understand how annual percentage rates or APR's work, like the higher an APR the longer it can take to pay off a loan or credit card, with advice from a registered financial consultant in this free video on finance and investment.
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: 1 min
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: 16/11/08 22:07
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How to Effectively Improve your Credit Score Step 1
Federal funds, federal funds rate, discount rate, fed, feds, prime, prime rate, Mortgage rates, Daily market watch. If buying a home or auto need to know what market is doing, stock, treasuries, mortgage bonds. No credit, bad credit or need credit repair call John Franco 661.310.1514 visit my blog at www.johnfranco.com
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45
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: 31/10/08 22:14
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How to Effectively Improve your Credit Score...Step #2 of 8.
Federal funds, federal funds rate, discount rate, fed, feds, prime, prime rate, Mortgage rates, Daily market watch. If buying a home or auto need to know what market is doing, stock, treasuries, mortgage bonds. No credit, bad credit or need credit repair call John Franco 661.310.1514 visit my blog at www.johnfranco.com
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: 2 min
15
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: 07/11/08 20:25
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7. High Credit Card Interest Rates
There are reasons which make credit card interest rates so high. High credit card interest rates make having this kind of debt a bad idea especially if it compounds very quickly after we bought things that quickly lose their value.
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: 3 min
48
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: 12/01/07 18:36
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