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Posts Tagged ‘bad credit’
8
Feb
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What About Applying For A Secured Credit Card
Posted by GuestPoster in Personal Finances
If you are in the process of applying for a home loan bad credit can be something that prevents you from getting a good interest rate on your home loan, but it can also prevent you from obtaining a home loan. To help improve your chances you will want to do what you can to improve your bad credit.
tagged: apply for secured credit cards, bad credit, home loan, Home loan bad credit
26
Sep
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Buying vs. Renting
Posted by GuestPoster in Personal Finances
Up until recently, it has been a widely held myth that homes always appreciate. Of course there have always been a few isolated pockets of depreciation throughout the US but absolutely nothing like the recent economic havoc that is currently sweeping the housing markets. As many people have recently found
tagged: bad credit, Bad Credit Mortgage, buying a house with bad credit, FICO score, get a loan with bad credit
26
Sep
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Back End Debt Ratio
Posted by GuestPoster in Personal Finances
Along with your front end debt ratio, this is a major determining factor in whether you get a mortgage loan or not. The front end debt ratio is how much of your monthly gross income is going to cover your overall housing expenses. The back end debt ratio is how
tagged: bad credit, Bad Credit Mortgage, buying a house with bad credit, FICO score, get a loan with bad credit
26
Sep
Front End Debt Ratio
Posted by GuestPoster in Personal Finances
Most lenders adhere to what is called the debt to income ratio when determining how much money to loan you for a house. This is basically how much of your gross income (the amount before taxes are taken out) will go to pay for your housing expenses. These expenses include
tagged: bad credit, Bad Credit Mortgage, buying a house with bad credit, FICO score, get a loan with bad credit
24
Aug
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The Trouble with Getting Loans with Bad Credit
Posted by GuestPoster in Personal Finances
One of the biggest challenges of trying to get personal loans for people with bad credit is that lenders can simply charge them outrageous interest rates because they have a lot of leverage. When you have bad credit, it basically tells the lender that you are a big risk. Lenders
tagged: bad credit, personal loan for people with bad credit, personal loans, Personal Loans For People With Bad Credit, unsecured personal loans for people with bad credit
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