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  • All Roads Lead to Refinance Now While Low Mortgage Rates Last
    Individuals who are looking to refinance a home loan have perhaps become accustomed to negative news headlines. The happiness of low mortgage rates has been severely hampered by news of underwater home values, foreclosure sales driving down home prices, and widespread unemployment. But of late, and especially this week, refinance news headlines have turned somewhat positive. Three [...]
    [March 30th, 2010]
  • Should Personal Loan Companies Be Required to Evaluate Borrowers’ Financial Health?
    The U.S. House of Representatives recently passed a significant piece of legislation that would reshape the lending industry in many ways, including the market for unsecured personal loans. The bill, sponsored by Senator Christoper Dodd of Connecticut, still must pass the Senate in order to become an actual law. Still, the reforms that Dodd wants from [...]
    [March 29th, 2010]
  • Cheap Auto Loans Are Back But Will New Government Regulation Hurt or Help Borrowers?
    Many Americans have good reason to celebrate the return of cheap auto loans. But there are still plenty of abuses in the industry. Will more government regulation make things better or worse?
    [March 29th, 2010]
  • New Efforts For Modifications May Mean Write Downs On Home Equity Loans
    The government is increasing its efforts to make The Home Affordable Modification Program (HAMP) a success. Home equity loans might be written down.
    [March 26th, 2010]
  • Can a Personal Loan Help Rebuild Credit?
    Personal loans can help consolidate debt and repair credit if handled properly.
    [March 26th, 2010]
  • Buying Distressed Properties
    When does it make sense to buy a distressed property? Some media reports glamorize the idea of buying foreclosures for “pennies on the dollar.” Can you really find a home at bargain-basement prices or is there more to it? Use the following tips to decide if buying a distressed property — and getting a mortgage [...]
    [March 26th, 2010]
  • Bank Hassles and Paperwork Make Online Personal Loans Appealing
    Critics who go crazy over the fact that personal loans, especially bad credit unsecured personal loans, may carry high annualized interest rates are often missing the point of why consumers choose these types of personal loans to begin with, and that reason belongs in capital letters because it’s so obvious: CONVENIENCE. The tremendous hassle and paperwork required for [...]
    [March 25th, 2010]
  • Mortgage Rates Not the Only Reason for Refinancing
    Demand for home loans may slow when rates increase, but current mortgage rates near 5% are providing homeowners a great opportunity for refinancing. Consider your reasons for refinancing and potential savings as part of your decision.
    [March 24th, 2010]
  • Secondary Mortgage Market Reform Remains Key for Home Loan Refinances
    This week, the Chairman of the Mortgage Bankers Association Michael D. Berman testified before Congress about what to do with the flaming disasters known as Freddie Mac and Fannie Mae. Meet Freddie and Fannie, They Help You Refinance Freddie Mac and Fannie Mae, of course, are government-owned “companies” that buy mortgages that banks originate. Freddie Mac and Fannie [...]
    [March 23rd, 2010]
  • Eliminate Credit Card Debt with Help from the Fed’s New Regulations
    The Federal Reserve's new credit card regulations went into effect less than three weeks ago, and they've already reduced credit card fees. Learn how the new regulations can help you get out of debt.
    [March 23rd, 2010]
  • Is Refinance Frustration Hampering American Recovery?
    Statistics and stories continue to emerge showing that inability to refinance a home loan can be a severely dehabilitating financial scenario in modern America. For example, a new study shows that Americans are repaying their credit card debts with more urgency than their mortgages in many cases. From CBS Marketwatch: “The number of consumers delinquent on their [...]
    [March 22nd, 2010]
  • Is It Smart to Use a Personal Loan to Pay a Mortgage or Property Taxes?
    Unfortunately, many people find themselves in the situation today of having too many bills and not enough income. According to statistics from credit reporting bureau TransUnion, the new trend is for people to pay off their credit cards or other personal loans before paying their mortgage. If this trend continues, it would represent a massive shift in [...]
    [March 21st, 2010]
  • Home Equity Loans: Prime Rate News
    Most home equity loans are linked to the prime rate. Keep your eye on it so you know how much interest you'll be paying.
    [March 19th, 2010]
  • U.S. Consumers Are Not Alone When It Comes to High Debt Levels
    Consumers around the world are dealing with large levels of debt and may need help to manage it.
    [March 19th, 2010]
  • Impress Your Friends, Predict Interest Rates On Home Equity Loans
    OK, if you are a complete interest rate geek, here is a fun cocktail party game. Beware, it may not prove to be quite as entertaining as the “pick a card, any card” type of trick. But, it is one of the only tricks you can play that may actually help save your friends some [...]
    [March 19th, 2010]
  • More Help To Reduce Debt From The Federal Reserve
    Less that 3 weeks after the Federal Reserve's new credit card regulations went into effect, they starting to further reduce the fees you pay on your credit cards.
    [March 19th, 2010]
  • Auto Loans Lead Consumer Credit Recovery?
    Cheap auto loans may be driving a recovery in consumer borrowing, according to data released earlier this month by the Federal Reserve. Meanwhile, other research suggests that rises in the rate of auto loan delinquencies are slowing, which could be making it easier to borrow.
    [March 15th, 2010]
  • Auto Loans Lead Consumer Credit Recovery?
    Cheap auto loans may be driving a recovery in consumer borrowing, according to data released earlier this month by the Federal Reserve. Meanwhile, other research suggests that rises in the rate of auto loan delinquencies are slowing, which could be making it easier to borrow.
    [March 15th, 2010]
  • I’m Unemployed and Need a Loan
    Being unemployed cuts your options for getting a personal loan.
    [March 13th, 2010]
  • Three Refinance News Stories That Haven’t Happened Yet, But Will Soon
    For borrowers and lenders, these winter months have been a time of measuring commitment to the process. For example, lenders attempting to decide which borrowers should be given loan modifications, and then borrowers wondering when, if a refinance isn’t possible, their homes will be taken from them. Many times, though, the cliches don’t work for this [...]
    [March 13th, 2010]
  • Home Equity Loans: Prime Rate News
    Most home equity loans are linked to the Prime Rate. Keep your eye on Prime Rate so you know how much interest you'll be paying.
    [March 12th, 2010]
  • Comparing Mortgage Brokers
    Make sure you choose the right mortgage broker to help you buy a home.
    [March 12th, 2010]
  • The Unsung Heroes of Unsecured Personal Loans: Bill Collectors
    Consumers who make use of unsecured personal loans may not have the best perception of bill collectors. Especially for people who have taken out high interest bad credit personal loans, it’s easy to view bill collectors as a pack of worthless parasites who have no redeeming value whatsoever. However, the reality is, without bill collectors, there [...]
    [March 11th, 2010]
  • Refinancing your mortgage loan: 5 things to know
    Refinancing your mortgage can lower mortgage rates and monthly payments, but there are some important considerations. Here are five things you should know when shopping for a refinance mortgage.
    [March 10th, 2010]
  • Debt Solutions Made Easier By New Credit Card Laws
    Enforcement of new credit card laws to protect consumers make debt solutions a little easier now. Explore legitimate ways to get out of debt.
    [March 5th, 2010]
  • Are Home Equity Loans Cheap Loans?
    If you are looking for a cheap loan, and you own your home, consider a home equity loan. Yes, home equity loans are cheap loans! Home equity loans are normally based on Prime Rate which is currently 3.25%. The home loan lender will add a margin for profit, bringing the interest rate to about 4% on [...]
    [March 5th, 2010]
  • Pros and Cons of Payday Loans
    While payday loans generally have a bad reputation among financial experts, there are times when a payday loan can be the best option for the consumer.
    [March 5th, 2010]
  • March Due to Be Another Big Month for Refinance News
    Many homeowners looking to refinance have grown accustomed to watching the news and trying to discern what the news means to their chance of refinancing. From fluctuating home prices to the Fed’s discussions of interest rate hikes, a wide variety of news is impacting mortgage rates right now. March, it seems, will be another massively important news [...]
    [March 4th, 2010]
  • Three Simple Steps to Building Good Credit With a Bad Credit Personal Loan
    People who have credit problems often find themselves involved in a vicious cycle. Credit mistakes in the past make it difficult, if not impossible, to get loans in the present, which makes it difficult, if not impossible, to prove that one is now a creditworthy borrower. Thus, bad credit borrowers end up having to access payday loans or [...]
    [March 3rd, 2010]
  • Some Banks Are in the Payday Loan Business
    Payday lenders are often criticized because of the exorbitant interest rates they charge customers. Now some banks are getting into the payday loan business.
    [March 3rd, 2010]
  • Cheap Auto Loans to Boost Car Sales?
    Car sales are predicted to begin to recover during 2010. And much of the growth will be fueled by a greater availability of cheap auto loans.
    [March 1st, 2010]
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