By: Lee Car They have been large drops in the shares of the banking, property and major companies, which have reflected the pressure of the credit crunch and unstable economic future.
As lenders look to be stricter with under writing policies a person could be labelled a high credit risk and adverse because of a [...]
admin on July 26th 2008 in Investing
By: Micle Steav Boom built on the flimsy financial foundation is the root cause of bad credit. The statistic mask suggests that millions of Brits are under the intense poor credit problem. After considering the matter, lenders of all persuasions have advocated an attempt to hammer way out from crippling effect of credit crunch with [...]
admin on July 25th 2008 in Loans
By: Nagraj Gummala Credit Rating Agencies (CRAs) – Need for Reform
1. Crisis – Spotlight on CRAs
“Credit-rating agencies use their control of information to fool investors into believing that a pig is a cow and a rotten egg is a roasted chicken. Collusion and misrepresentation are not elements of a genuinely free market ” - US [...]
admin on July 19th 2008 in Business
By: Ruth Jacob With a new credit card, coming out almost every week, there can certainly be something for everyone, according to recent reports. Amidst the credit crunch, card users are using credit card more and more. This includes interest free credit cards, balance transfer, cash back cards, prestige credit cards, and rewards based credit [...]
admin on July 19th 2008 in Credit
By: Debt
A student debt consolidator provides a debt relief by suitably merging together the undergraduate’s exceptional loans. The meaning of this is that the debt consolidator will get in touch with all your lenders, “pay off” the balances on your behalf and subsequent to this instead of two or more credits, you only be [...]
admin on July 18th 2008 in Debt Consolidation
By: cynthiastewart Having a bad credit and getting good credit card offers simply doesn’t happen. Credit card companies secure their interests and rip a bad credit person with quite unreasonable charges. When a person with bad credit goes out to get a credit card he finds the situation very uncomfortable. The credit card companies greet [...]
admin on July 17th 2008 in Credit
By: Ed Pearson, Debt Dr You’re sitting there one day, off from work due to the stress of your unsecured debts weighing heavily upon your shoulders. Suddenly, in the background noise from the TV you hear a fantastic deal - consolidate your existing debts into ‘one easy affordable loan’. You think wow, just what I [...]
admin on July 16th 2008 in Debt Consolidation
By: JHON CALLY When you are looking to get relief from your debt problems, a lot of people tend to feel that the only good solution is to go about getting credit counseling or to even file for bankruptcy. What a lot of these people do not realize is that there is a little known [...]
admin on July 16th 2008 in Debt Consolidation
By: Thomas Champeval The history of your credit is a record which reflects all your previous financial obligations and the total load of your debt. Agencies of credit reference utilize this record in order for them to assess if you are worthy of being offered a loan. You will also be assigned with a credit [...]
admin on July 14th 2008 in Finance
By: Jennifer Morva People suffering from bad credit history generally find it difficult to avail any kind of loan. But with growing competition in markets, lenders are now ready to take risk by advancing loans to bad credit borrowers. Bad credit personal loans are also one such loan. It can be availed in two forms, [...]
admin on July 13th 2008 in Loans