Archive for May, 2010

Tier 5 Unemployment Benefits Extension Proposal–Will Congress Extend Benefits For Unemployed?

05/27/2010
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Legislation working its way through Congress is reported to offer an extension for unemployed homeowners to file for unemployment benefits. However, the bill still must go through the Senate in order to be approved and put into effect. The problem that many unemployed men and women have with this legislation and Congress in general,...
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Forgiveness Of Student Loans With New Obama Student Loan Laws

05/27/2010
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Student loan forgiveness options may be more easily available for college graduates who have accrued a large amount of student loan debt. The Obama Administration has made new laws to help students with college debt and these new laws were set to go into effect in a few years. However, there are current student...
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Underwater Mortgage Solutions For Homeowners Seeking Principal Reductions

05/27/2010
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Homeowners with an underwater mortgage have been looking for various solutions that can help them through a difficult situation. Everything from principal reductions to short sales have been suggested and requested by homeowners and legislators, but not all lenders are working with homeowners in these areas. Reportedly, many lenders are willing to help underwater...
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People With Bad Credit Score Turn To Consolidation Loans For Help–Is Consolidating The Answer?

05/27/2010
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Many individuals with a bad credit score turn to a consolidation loan in order to make dealing with their debt more manageable. Some have allowed their debts to get so out of control that they feel they are never going to be able to pay off what they owe if these debt sources remain...
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Secured Credit Cards For Increasing Bad Credit Score–How Are These Cards Helpful?

05/27/2010
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Many credit cardholders with a bad credit score often turn to secured credit cards in order to increase their bad credit score and get their personal financial health back in line. A secured credit cards is a valuable tool to help anyone increase their credit score and this credit card often requires that new...
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College Debt Management–Are Low Interest Student Loan Consolidations A Good Option?

05/27/2010
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College debt is often something that is unavoidable as the necessity for student loans increases with the rising college tuition year after year. Many people who graduate college often have various student loans which they feel are better managed if put into a student loan consolidation. Low interest student loan consolidations are available with...
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Short Sale And Principal Reductions On An Underwater Home With A Second Mortgage

05/26/2010
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Underwater mortgages have caused many homeowners a great amount of trouble in a variety of ways. Some homeowners see their house as an investment, while others simply see it as a roof over their head, however, an underwater mortgage makes paying on a home difficult for both of these types of homeowners. Homeowners that...
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Bank Of America Mortgage Assistance–How Are Homeowners Getting Affordable Home Loan Payments?

05/26/2010
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Homeowners that have a Bank of America home loan are looking for ways to make their mortgage more affordable. Due to economic and personal financial strains, many homeowners are in need of assistance to make their mortgage payment more manageable while the economy and homeowners get back on their feet. There have been a...
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Citigroup Mortgage Modification And Foreclosure Prevention Efforts–Are Home Loans More Affordable?

05/26/2010
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Citigroup’s mortgage modification and foreclosure prevention efforts have been helping homeowners get more affordable home loan payments. Many homeowners have been struggling to make their monthly payments on their mortgage and as a result lenders have been asked to do more to help homeowners avoid foreclosure. Citigroup has been working with homeowners and the...
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Wells Fargo Home Loan Modification Program And Refinancing For Lower Mortgage Payment

05/26/2010
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Homeowners with Wells Fargo are seeking assistance through the home loan modification program and through refinancing options in order to help them lower their monthly mortgage payment. Homeowners are still struggling to make ends meet financially due to a variety of factors that are still causing many people financial hardships. Wells Fargo has been...
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