Category Archives: Bad credit

Debt relief with Bank of America

April 19, 2011   admin   No comments

Q: I have 716 and 732 credit scores, pulled from myFICO. I have 4 small credit card balances and one very large one with Bank of America for $23,300. I am really hoping to get some debt relief from BoA and must try to settle. If I can settle, I would be able to quickly pay off the remaining credit cards. Can I request a debt relief if I have never been late with credit card payments? I do not want to stop paying to preserve my scores. Right now, I am only able to pay the minimum monthly payments, but at this rate I will never get it paid off. At the start of 2010, my salary dropped by $18,000 and I have lived from paycheck to paycheck.

Read the full post

  Tags: America, Debt Relief

Difference between prequalification and preapproval

April 13, 2011   admin   No comments

A mortgage prequalification is the very first step of home loan application process. Typical prequalification is issued by a loan officer and more than often based on ball park numbers which you provide, including salary and recurring expenses to estimate approximate maximum loan amount you may eventually be approved for. Your credit report is normally not pulled at this stage and no cost or obligation on behalf of either party is involved. So while a mortgage prequalification helps determine the dollar value of a potential loan, it is not by any stretch, a commitment to lend you money. A loan officer can’t make an approval in any shape or form, but give you a prequalification letter which you can use when making an offer on a property.

Read the full post

How to cancel payday loan

April 09, 2011   admin   No comments

You thought you needed a payday loan, and you got one. Now you realized that this is not such a good idea and want to cancel it, but how? In many states, you can cancel payday loans without paying a penalty. Exactly how to cancel a payday loan, depends on your particular state. In Illinois, you can cancel all your future obligations on a payday loan at no cost whatsoever – without paying fees, interest and other charges – if you cancel the loan by the end of the second business day immediately following the day your payday loan was executed.

To cancel future obligations on a payday loan fill out the following form and submit it to the lender.

Read the full post

  Tags: Cancel Payday, Cancel Payday Loan, Loan, Payday Loan

Ways to save money

April 04, 2011   admin   No comments

Times are tough and going to get tougher. You must save money and I know 7 ways that can certainly help to achieve just that. First, stop spending too much. Analyze you monthly spending, find ways to cut back and then save whatever money left at the end of the month. Keep yourself from slipping back into wasting money and don’t get too frustrated if it happens. This is just a first step, you must start saving in earnest. Understand that spending is often disappointing and follows by buyer remorse, be it new shoes, wardrobe, car or house. Worse still, once that initial delight passes and remorse kicks in, you will be looking to buy something else in a hurry.

If you can’t control your spending, you must find other ways to save money.

Read the full post

  Tags: Money

Bad Credit Car Loans: Fulfill your financial needs despite of poor credit

April 01, 2011   admin   No comments

Without a car, you have to face numerous problems especially when your office is too far from home. Most of the people are scolded by employer everyday because they do not reach office on time. Obtaining a car can be dream of any individual. However, monthly salary and bad credit score can create various troubles. In order to resolve the issue of bad credit borrowers, lenders introduced bad credit car loans. With this money, people with bad credit history can buy their dream car and repay the money in easy monthly installments. Yes, you can buy old or new car with this money.

Bad credit car loans are provided to loan seekers in two formats, like

Secured loan – If you are planning to purchase an expensive car then go with this option. B

Read the full post

  Tags: Car, Car Loans

Why silver price is going up – supply, demand and global events

March 23, 2011   admin   No comments

By now, the US mint has sold approximately 11,750,000 2011 1-ounce Silver Eagles. However, its production of Silver Eagles has dropped over the past several weeks and the Royal Canadian Mint is now about 4 weeks behind on its production of silver Maple Leafs. The demand for the Maple Leaf Dollar is still not as robust compare to that of American Eagle but it is picking up. Meanwhile on supply side of the equation, scrap silver pours into refineries from everywhere in astonishing amounts with everyone trying to make a quick profit.

Read the full post

  Tags: Silver, Silver Price
Page 4 of 14« First...23456...10...Last »