Archive for September, 2010

Bad Credit Student Loan Options For College Student With A Low Credit Score And Poor Credit History

09/28/2010
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Many college students have been reliant upon student loans as a way to meet the cost of rising tuition and fees associated with many universities. Yet, numerous college students are now entering the university later in life and, as a result, many worry that a poor credit score or a bad credit history may...
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Consumers With Credit Card Debt Find Debt Relief Through Consolidations And Credit Card Balance Transfers

09/27/2010
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Credit card debt often has caused trouble for consumers as many have become reliant upon their credit cards to stay afloat during these difficult economic times or bad financial practices have simply resulted in many consumers’s debt to get out of control. However, many cardholders are turning to credit card consolidation loans or using...
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National Debt Relief Programs And Non-Profit Credit Counseling–Can Consumers Find Debt Repayment Assistance?

09/27/2010
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Many consumers have been seeking assistance from various forms of debt and have searched for national debt relief programs that can help with their current debt situation. There are many individuals who have debt associated with credit cards, mortgages, car loans, or personal loans and, as a result, many men and women have seen...
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Tier 5 Unemployment Benefits Extension Requested By Long-Term Unemployed But Will They Prevent Foreclosure?

09/27/2010
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Unemployment benefits have helped keep many of the long-term unemployed men and women afloat over the past months. However, those who have been out of work for 99 weeks or more have asked for a tier 5 unemployment benefits extension to be passed, but this measure has gained little support as the issue is...
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Chase Home Loan Modification Programs Bring Foreclosure Prevention For Some–Are Defaults Still A Problem?

09/27/2010
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J.P. Morgan Chase has seen an increase in the number of permanent home loan modifications they have made over the past months. Currently, as of the August 2010 Making Home Affordable servicer report, Chase has 60,932 permanent home loan modifications. Also, according to the same report, Chase has 22,799 active trial modifications in place....
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Homebuyers May Find Discounted Homes Due To Foreclosures–Are Low Interest Rates Prompting More Home Sales?

09/27/2010
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There are homebuyers who have been able to take advantage of discounted homes that have faced foreclosure and, as a result, gain an affordable monthly mortgage payment on a low-cost home. Many feel that the current housing market can provide excellent homeownership opportunities for individuals due to the fact that foreclosures have been a...
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Citigroup Home Loan Mortgage Modification Plans And Foreclosure Prevention Assistance

09/27/2010
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Homeowners with Citigroup may take hope in the fact that permanent modifications have been made increased according to the August 2010 Making Home Affordable report and continued trial modifications are offering some the opportunity to lower their home loan payment. Citigroup’s permanent modifications number at 47,236, as of August 2010, while their active trial...
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GMAC Mortgage Home Loan Modifications–Are Foreclosure Prevention Plans Helping Homeowners?

09/27/2010
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GMAC Mortgage saw an increase in the number of home loan modifications they made from July to August according to the August 2010 Making Home Affordable Report. It was reported that GMAC has made 31,070 permanent modifications, as of August 2010, and have 4,536 active trial modifications in place. Yet, there are troubled homeowners...
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Small Business Loans And Tax Credits May Bring Job Opportunities And Small Business Growth

09/27/2010
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A new small business bill may help with job growth and expansion of companies thanks to various tax credits and small business loan opportunities which many business owners have been seeking over the past months. Previously, small business loan opportunities from community banks, which had loans guaranteed by the SBA, were heavily used by...
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Wells Fargo Home Loan Modification Foreclosure Prevention Plans–What Assistance Programs Prevent Foreclosure?

09/27/2010
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Wells Fargo has continued with their modification programs both with in-house mortgage assistance plans and modifications made from the Making Home Affordable Program. As of the August 2010 Making Home Affordable servicer report, Wells Fargo has made 48,830 permanent home loan modifications and 13,230 active trial modifications. While many see these continued increases in...
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