Most people know how great an excellent credit score can be. (Not to mention how good and proud you feel) Unfortunately some people don't realize that having poor credit can make it difficult, if not impossible, for them to secure a major loan such as an auto loan or home mortgage, and many don't realize poor credit can cause problems in other important areas as well....
BBC Newsnight feature by Alex Ritson on Credit Default Swaps - until recently a little-known financial product that Lehmans Brothers, AIG and the Icelandic banks were up to their necks in. Could this be the black hole at the centre of the financial...
An excellent video explaining the crisis of credit. This is something that Businesses Coaches, Business Consultants and Financial Planners will find useful to educate their...
Before applying for a bad credit auto loan you might first want to check each of your credit reports....
Nathan Froehlich had never checked his credit report before. He didn’t know what his credit score was. On Monday, the North Dakota State University senior went over his report and score with Joshua Hahn, a personal banker at Starion Financial. Froehlich was pleasantly surprised. “It’s higher than I would have thought it would be,†he said. ...
When we meet up with Margaret Mikitka at the home she and her family now rent, she walks us to a pair of french doors that lead out to a small patio and describes, "In my old house, this would have been a fireplace, but now I don't have one."...
Sometimes people get in over their heads. They rack up so much debt that they're unable to make consistent interest and principal payments. When you're late or unable to make payments, your credit rating suffers. This reduces creditworthiness, and ultimately, it inhibits your ability to access financing....
