This page may include affiliate links. Please see the disclosure page for more information. If you have a lot of debt or different types of debt, then a debt consolidation loan might sound like a good idea. However, if you have low credit, you may not have many options. The good news is, you can still get…
The post A Debt Consolidation Loan Will Not Fix Your Bad Money Habits appeared first on Debt Discipline.
If you need to borrow money but your credit is less than stellar, itâs possible youâll wind up with a bad credit loan. These loans are geared toward individuals with imperfect credit histories who can prove their income and ability to repay the loan. As a result of their bad credit, however, consumers who use […]
The post What Are the Best Loans If You Have Bad Credit? appeared first on Good Financial Cents®.
Are Credit Card to Credit Card Payments Possible and a Good Idea? Paying the balance on one of your credit cards with another credit card is possible. But when you make a credit card to credit card payment, you’re not reducing debtâ you’re simply moving it from one account to another. Whether or not this is a good idea… Read More
The post Are Credit Card to Credit Card Payments Possible? appeared first on Credit.com.
In a recession itâs common for many people to rely on credit cards and loans to balance their finances. Itâs the ultimate catch-22 since, during a recession, these financial products can be even harder to qualify for. This holds true, according to historical data from the Federal Reserve Bank of St. Louis. It found that […]
The post How to Get Approved for Credit in a Financial Downturn appeared first on Good Financial Cents®.
2020 is nearly over, so we’ve recapped what happened in mortgage forbearance with a month-by-month look at all the numbers.
The post Here’s what mortgage forbearance looked like in 2020 appeared first on HousingWire.
Question: What do home mortgage loans (including second mortgage loans), retail installment loans, automobile loans, home improvement loans, and mobile home loans, have in common — aside from being loans to consumers?
Answer: The interest charge sometimes is calculated monthly and sometimes daily. With a monthly interest rate the borrower is charged for each month, whereas with a daily interest rate the borrower is charged for each day.
Why is this distinction important? Because daily rates are a potential trap for unwary borrowers, countless numbers of whom have found themselves permanently, usually with no understanding of how it happened. The problem has been entirely overlooked by regulators, including the Consumer Financial Protection Bureau.
Today weâll profile another Southern California-based mortgage lender, Ladera Lending, which recently landed in LendingTreeâs top-10 list for customer satisfaction. Despite being around for slightly longer than a decade, they managed to fund nearly a billion in home loans last year. And they accomplished this feat while only working in about a dozen states, which [&hellip
The post Ladera Lending Review: A Top-Rated SoCal Mortgage Lender first appeared on The Truth About Mortgage.