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Entries from October 2007

Borrowers clueless on impact of rising interest rates

October 23rd, 2007 · No Comments

The financial impact of rising interest rates on mortgage payments is miscalculated and misunderstood by 70% of British mortgage holders, according to the latest Personal Credit Index survey from CreditExpert.co.uk, the online credit report monitoring service from Experian.

  

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Got a poor credit record? How to ensure you don’t get squeezed out of the mortgage market

October 22nd, 2007 · No Comments

The global credit crisis has prompted lenders to tighten their lending criteria and withdraw their riskier products, making it hard for all but those with the cleanest credit record to get a home loan. But borrowers with a less than squeaky clean credit history need not despair, as there are options available.

  



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The dos and don’ts of debt consolidation

October 17th, 2007 · No Comments

What can you do to take control of a severe debt problem? A combination of budgetary skills and the right consolidation loan could be the answer. But proceed with caution. Many borrowers generate more debt by going down this route, which can lead to a dangerous cycle. So how can you make the right choice?

  



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Student Loan News

October 17th, 2007 · No Comments

Panel aims to better student loan communications
The Missoulian, MT - 9 hours ago
… million in non-Montana student loans from Sallie Mae and have the Montana Higher Education Student Assistance…



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How to refresh your credit report

October 15th, 2007 · No Comments

Now that we are in the midst of a credit crunch , getting credit can be harder and lenders are getting fussier about whom they lend to. If you are looking to take out a loan or a credit card, before you start applying it’s best check your credit record with the credit reference agencies to make certain that you get the deal you deserve.

  



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Student Loan News

October 8th, 2007 · No Comments

Views on Online Student Loan Consolidation
American Chronicle, CA - 4 hours ago
Ever wonder what you are going to do with all of the student loans after you are finished with college? You have to pay…



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Australian reverse mortgage market, ready to grow

October 1st, 2007 · No Comments

The Australian reverse mortgage market has yet to fulfill its potential.
The potential market size for reverse mortgages in Australia is enormous, but recent data shows that industry growth has stagnated in 2007. At present, the market is thought to be worth A$1.8 billion. However, with life expectancy ever increasing and a rising number of financially […]

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Student Loan Financial Group Private Student Loans

October 1st, 2007 · No Comments

The Associated PressHigh-Priced Student Loans Spell Trouble
The Associated Press - 17 hours ago
Meanwhile, complaints about marketing of private loans — like ads promising to approve loans worth…



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