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Archive for September, 2011


You May Never Own A Home Again With Bad Credit

As a Loan Officer, I have helped many individuals obtain homes as part of my profession duties. From my experience, I can foresee difficult times ahead for those who have bad credit. Recent news stories are misguided in their condemnation of people with poor and bad credit as the cause of the current housing crisis. [...]

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Your Credit Score Is Lower Because Of Small Errors

Most Americans with credit cards really have no basic idea how credit or credit scoring is constituted. Many get rejected for house loans or car loans because they have bad credit or insufficient credit while they really have no idea what information is contained in their credit report.

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Simple Credit Score Explanation

Do you remember your schooldays when the evaluation of your work was received as a letter grade? Now that you are a grownup, there is another very important grade that should concern you.

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Credit Card Debt – What Happens If You Do Not Pay?

You didn’t really expect this to happen. It just didn’t seem like a lot of money at time, but a couple months have passed and when you look at your credit card statement it dawns on you that you’re in serious trouble and there seems to be no way out.

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Start Up Business Line of Credit

The key to any startup business is to have a source of funding to maintain cash flow. However, getting startup funding for your company can be quite difficult because you are starting a new venture and have no financial track record. It puts you in a kind of catch 22 situation.

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