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10th September 2009
If you have a poor credit history it is going to be difficult to get a mortgage but it might be possible. Before the credit crunch sub-prime mortgage lenders were riding high in the UK mortgage market. There were simply dozens of them, from standalone len... Read >
Author: michael challiner29th August 2009
Can you believe the term credit crunch has entered dictionaries already?
Often defined as "a severe shortage of money or credit" who are they kidding, Kenyans, no Africans have suffered this so called crunch for years, even decades. So the West is taking... Read >
Author: Aaron Dixon23rd August 2009
Are there good profits in foreclosures?
With the sub prime market having crashed in recent times and many bank owned homes on the market for foreclosure, you might to be tempted to add a distressed home to your real estate portfolio. If you have a bit ... Read >
Author: Ravisankar09th July 2009
Many of you have probably heard on the news recently that the state of the “Sub-Prime” lending industry is currently in flux. Or you may have heard of the complete meltdown on the industry as a hole. The Sub-Prime market consists of non-traditional mo... Read >
Author: Robert Bell12th May 2009
More and more people are feeling the pressure as bills mount up and they fall behind with their mortgage repayments. Often they do not face up to the situation until they are taken to court. And sadly, in about 20 per cent of cases the Consumer Credit Cou... Read >
Author: michael challiner09th April 2009
America has been shaken by the sub-prime market collapse, in turn creating a major financial crisis. Lenders were giving out too much money to those with poor credit and now they cant repay their loans, creating a huge problem for the home buyers today.L... Read >
Author: dmoskel10th March 2009
2008 was a rollercoaster of a year for the UK's property market. SecureASale Director Tim Jackson looks back on the ups and downs of London's housing sector over the past year…
2008 started slowly with the hangover for the manic record market of ‘07.... Read >
Author: moviesplanet20th February 2009
A good credit rating is essential if you want to borrow money. If you have been bankrupt or have County Court judgments against you, or have defaulted on payments in the past, you will find it more difficult to obtain credit.
If you are in that situa... Read >
Author: michael challiner05th January 2009
There are strong indicators for both of the scenarios: inflation and deflation. The Fed and other issue banks have lowered the official rates and they have increased the money supply dramatically in order to fight the financial crisis. The extraordinary v... Read >
Author: Lil Waldner02nd December 2008
The Continental Finance MasterCard is an unsecured sub prime credit card. This means that this card is designed specifically for individuals with a low credit score.
Your card will be issued with an initial credit limit of $300. However you will be abl... Read >
Author: CardSuggest10th November 2008
The recent months and weeks have been crazy at the financial markets. The crisis has started at the sub prime market in the United States and it has affected the global financial markets. It has almost caused a collapse of the financial markets. Only vigo... Read >
Author: Lil Waldner16th September 2008
As property prices in the UK start to stabilise, an increasing number of buyers are looking abroad to invest. One of the places many investors have turned to is France which is regarded as one of the most visited destinations in the world. Last year alone... Read >
Author: Parmdeep Vadesha09th September 2008
Commercial loans refinancing is a term that these days is getting extremely popular among the business parties existing in Britain. Business scene of every developing or developed country changes very frequently. Hence, to survive in this cut-throat compe... Read >
Author: Aisha Cristal08th September 2008
Homeowners have been hit by three pieces of bad news this week. The latest figures show mortgage lending is down 65 per cent on last year, first-time buyers will need on average £40,000 deposit and a quarter of those who fall into owners of ‘sub-prime... Read >
Author: cborthwick908th September 2008
Many of those who have tried to compare mortgages from company to company describe the selection process in terms of a lottery; the material offered by mortgage companies is often riddled with jargon and perplexing percentages and the Internet will only s... Read >
Author: Robert Palmer05th September 2008
The credit crunch has meant that we are all feeling the pinch. Mortgages are especially under fire and lending criteria has been stepped up and many mortgages offering large amounts of credit have been taken off the market.
Self cert mortgages have be... Read >
Author: LolitaBrown03rd September 2008
Hometrack forecasts aggressive competition within the mortgage market that will offer cheap mortgages for borrowers. These cheap mortgages are likely to be targeted at borrowers in the �low-risk� category.
However, since the formation of the Financ... Read >
Author: Robert Palmer28th August 2008
The reasons for mortgage and other credit default can be many. Even the most fiscally responsible,when faced with unexpected hardship, can experience bruised credit.
A good mortgage broker will have a track record for helping their customer manage the... Read >
Author: Donna Lewczuk28th August 2008
People who are suffering from a bad credit report are considered ineligible for any kind of loan. The traditional lenders are not ready to take risk with their money by lending to the people with a bad credit report. The situation has become worst after t... Read >
Author: Achala Afreen24th August 2008
You can take a tension free breadth with the unsecured loans with no credit check.
People who are suffering from a bad credit report are considered ineligible for any kind of loan. The traditional lenders are not ready to take risk with their money by le... Read >
Author: Achala Afreen06th July 2008
Summary: Though there is disparity in the payable rate of interest and other terms and conditions, personal loan is the most cost-effective way to meet short term needs. These loans are gaining popularity in India
Indian banks after the introduction of... Read >
Author: addi27th June 2008
American bank Citigroup has announced that it will be removing itself from the British mortgage market, closing down its mortgage division, Future Mortgages and CitiFinancial, its unsecured loans department.
The bank currently has 92,000 customers, the... Read >
Author: Carys Robshaw16th June 2008
In these days of the credit crunch a number of markets have been singled out as not being badly affected by the crisis. While some markets are still enjoying their emerging status and France has benefited from its banks' low exposure to the US sub-prime m... Read >
Author: Assetz UK23rd May 2008
One of the biggest questions being asked in America at the moment relates the fall out of the sub-prime lending market. Mortgage providers in the States have sold products to people who were in receipt of lower incomes.
This was no problem while the ec... Read >
Author: Danielle Fletcher08th May 2008
Availability of mortgage products
According to March 2008 statistics from Moneyfacts the number of Buy to Let mortgages available has fallen 60% since the outset of the credit crunch. Much of the 60% can be directly attributed to the sub-prime market a... Read >
Author: MarkeD01st May 2008
8 EFFECTIVE STEPS TO AVOIDING FORECLOSURE
Written By Stephen Anderson – The Foreclosure Doctor
I’m sure many of you have been reading the newspapers, or listening to the news about the ‘mortgage meltdown’ of the sub-prime market which is causi... Read >
Author: Foreclosure Doctor16th April 2008
With the continued rise in house prices and interest rates, it's little wonder that first-time buyers have been finding it difficult to make those first, tentative steps onto the property ladder - especially when you consider that in the current UK proper... Read >
Author: Adam Singleton09th April 2008
If reports are to be believed, loans and credit card borrowings came down by a sizeable margin in the month of January.
BBA has released information to indicate that, during the first month of 2008, the accumulative total borrowed by consumers is only ... Read >
Author: Jim Brown09th April 2008
If reports are to be believed, loans and credit card borrowings came down by a sizeable margin in the month of January.
BBA has released information to indicate that, during the first month of 2008, the accumulative total borrowed by consumers is only ... Read >
Author: Jim Brown07th April 2008
Summary: The UK loan market absorbs all kinds of borrowers even if they fall in the category of low credit rating. The terms and conditions that a borrower gets depend on many things including the credit rating.
It is generally seen that the borrowers... Read >
Author: Amenda06th April 2008
Borrowing money is not a problem these days as there are a number of opportunities available in the market. When you need a small amount of money, there are high chances that you may not be asked to pledge any property. Lenders in the UK provide upto £20... Read >
Author: Anaya Erika02nd April 2008
My day is incomplete without going through the commentaries section of my favorite paper. It is like a ritual that I have to perform to make my morning complete. Well, we all have our own rituals. Right?
Politicians skim through the front page, spo... Read >
Author: Kaitlyn Miller10th March 2008
As you may know, the foreclosure market is hot right now. More and more home owners are failing to meet their loan obligations and, consequently, more properties are going into foreclosure. The sub-prime market has melted, ARM loans are adjusting and prop... Read >
Author: Robert Lam07th March 2008
Want to sell your $30 million dollar home in a day? Call up your local auction house and hang onto your hat. American auctioneers are doing a ripping real estate business right now with no sign of slowing down. In fact, the National Auctioneers Associatio... Read >
Author: Rob Muller15th February 2008
Summary: Commercial projects require that you use all your entrepreneurial skills as well as human intelligence to plug the gaps that may otherwise open floodgates for your failures.
People looking for business finance have various options available t... Read >
Author: Amenda01st February 2008
Summary: The perceptions are changing fast in the UK loan market and the lenders have also started taking bad credit loans positively. Borrowers having bad credit incidents are no longer refused straightaway.
Many people think that bad credit may for... Read >
Author: Amenda30th January 2008
Summary: Bad credit personal loans are any-purpose loan options for the bad credit borrowers. The competition in the UK loan market has made these loan plans available to a large section of society.
Loans have become the most cost effective financial... Read >
Author: Amenda23rd January 2008
The Toronto real estate market is on of the most popular in all of North America. Whether investing in a new downtown condo, commercial real estate or a family home, the Toronto real estate market has opportunities at all levels. If you decide to purchase... Read >
Author: earnest21st January 2008
The charity Citizens Advice has issued a report that criticises sub-prime mortgage lenders in the UK and suggests that their activities could prompt a sub-prime crisis in the UK that matches that of the US.
The report, called ‘Set up to fail’, tell... Read >
Author: nickr720th January 2008
Dealing with repossession can be embarrassing and challenging to get through emotionally, let alone what it does to your credit report. Legally speaking, if you are unable to make your car payments, the lender who ensured that you would be able to drive o... Read >
Author: Christopher19th January 2008
As anyone who has a passing interest in financial matters will be well aware of by now, the world economy is entering uncertain times. The so-called 'credit crunch', where banks are finding it harder and harder to finance their operations by taking out ch... Read >
Author: Nicholas Hunt14th November 2007
The recent credit crunch has had a major effect on the secured loan market. Several Lenders have pulled out and many have tightened their criteria, which means that it is now more difficult to get a secured loan, especially If you are looking to Self cert... Read >
Author: Alan Reed09th November 2007
The number of hotels bought in San Diego County has slumped almost 50% in the first six months of 2007, compared to the same time period in 2006, according to Irvine brokerage Atlas Hospitality Group.The Group’s mid-year survey of hotel sales has highli... Read >
Author: Andrew Regan09th November 2007
The value of the UK secured loans market looks set to pass the £10 billion mark in the next five years as more Britons look to consolidate their unsecured debt, according to a recent report issued by Datamonitor. The current estimated value of the UK sec... Read >
Author: Elisha Burberry08th November 2007
A mortgage lead these days has a good deal to do with a bail out feat as it does with a real estate transaction, as mortgage default lead mortgage applications by a broad margin. All across the US hundreds of thousands of houses are defaulting to foreclos... Read >
Author: Strato08th November 2007
Every loan that you take out has a definite repayment period. Generally, loans that are secured against your home afford you longer repayment periods. You can easily pay smaller instalments over a longer period of time. However, you should remember that t... Read >
Author: gracy22nd October 2007
Unless you’ve been abroad or sleeping for the past couple of weeks, you’ll be aware of the mire in which major mortgage lender Northern Rock are in. The panic started after news of their approach to the Bank of England to secure loan funding surfaced,... Read >
Author: Andrew Regan21st October 2007
The Council of Mortgage Lenders (CML) has reported that UK gross mortgage lending has fallen six per cent during August - sinking to £32.2 billion from a record £34.25 billion in July - prompting fresh fears that the housing boom is over. Only a month a... Read >
Author: Andrew Regan21st October 2007
These days’ car loans are a big ticket item. With divorce, and many other set problems causing consumer set back’s, more people are suffering from bad credit and bankruptcy each year. Thankfully specialized lenders have formed to assist people in all ... Read >
Author: Brad W25th September 2007
The pace of modern life has increased tremendously. Now, you cannot afford to wait for the things to happen, you have to make them happen. People are ambitious and want to achieve maximum in the minimum period. If you have certain aims, you better stick t... Read >
Author: Amenda25th September 2007
The sub prime market for home mortgages is a hot bed of predatory practices. These types of lenders prey on the elderly, borrowers with poor credit who have few options, and less educated and non English speaking customers. They give the entire industry i... Read >
Author: Jack Krohn30th August 2007
The more informed buyers have known for a good while, yet many have been refusing to read what it says. Many home owners are finding themselves getting deeper into debt. Part of this debt likely comes from the expense of owning a home. For a rising segmen... Read >
Author: Eric Rogers28th August 2007
Description: It’s been said time and again that the home mortgage refinance market has reached saturation point. The refinance bubble seems to be near bursting. Rising delinquencies, bankruptcies and foreclosures are making home mortgage refinance a l... Read >
Author: Alan26th August 2007
The recent turmoil in the world stock markets has been driven by concerns over problems in the US sub-prime market, which specialises in lending to people with poor or no credit history.
Defaults on sub-prime loans have increased significantly, causin... Read >
Author: Francis Ghiloni02nd August 2007
As shivers go through the sub-prime mortgage industry, you may think that, because you have bad credit, your ability to refinance your mortgage is in jeopardy. To an extent, you may be right. Mortgage lenders are re-evaluating their loan portfolios and ta... Read >
Author: Debt Free24th July 2007
There are many Brits who are taking out loans and eventually failing to repay the whole or part of it. This adversely affects their credit rating. The number of people with bad credit history is increasing by the day. There is a separate market for these ... Read >
Author: Angelo Drew20th July 2007
There is a Lot at Stake
Are you a sub-prime borrower? Chances are that you have had credit issues in the past. There are many reasons for you to make credit repair an immediate priority in your life. There are also many reasons that you might hesitate.... Read >
Author: Jim Kemish15th June 2007
FSA Sub Prime Warning
The FSA have warned again that the UK sub-prime market is showing signs of a downturn, mirroring similar recent market trends experienced in the USA.
Clive Briault, the FSA’s managing director of retail markets, speaking at t... Read >
Author: Tom S04th May 2007
Bad credit ratings always have some sort of bad impression on lenders when applying for a loan. Naturally, your best interest is to obtain Prime rates, but due to bad credit ratings your mission is almost impossible. You may still find lenders in the sub ... Read >
Author: Joel Cohen09th April 2007
This news flash just in: NOT EVERYONE HAS A GOOD CREDIT RATING. Fair Isaac and Company otherwise known as FICO puts together a credit rating on just about anyone old enough to spend money. While the exact formula for the rating remains secret, the things ... Read >
Author: Jack Krohn09th April 2007
Recently the most blogged about issue in the real estate industry, the sudden death of the sub-prime mortgage industry. Ok, that is a tad exaggerated. The sub prime market isn't dead, just much more strict than it has been in the past 5 years. Prior to... Read >
Author: R Chandler Smith04th April 2007
The housing market in LA appears to be bucking the trend in the rest of the state and average prices are on the up. So although many experts thought that the downturn would affect the whole state, the high priced market in LA is holding steady and the mid... Read >
Author: LindsayK28th March 2007
Usually, a person with sound credit record can get loan from any lender. But, the problem may arise when you have a bad credit history. The lenders perceive your bad credit history as a risky proposition and charge high interest rate from you. The common ... Read >
Author: Angelo Drew28th March 2007
Amongst the most common reasons homeowners consider refinancing their current mortgage is to lower monthly payments or to reduce current interest rates. Bad credit ratings have a negative impact on lenders, therefore, when refinancing banks or financial i... Read >
Author: Joel Cohen05th March 2007
Typical financial situations along with ups and downs of life create problem in maintaining a good credit history. You have tried a lot to pay your debts timely to maintain your credit history but due to some reason or the other you have failed to maintai... Read >
Author: Paton Jackson09th February 2006
Vexed by the large number of defaults and arrears that continue creating roadblocks in the form of refusals of loans, many borrowers take up debt consolidation loans at whatever terms offered. What these borrowers are unaware of is that loan providers hav... Read >
Author: James Taylor
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