Archive for December, 2010

Short Sale Program For Homeowners–Benefits And Problems With Underwater Foreclosure Alternatives

12/31/2010
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Short sale programs for homeowners with an underwater mortgage are available through some federal home loan assistance initiatives and even some state assistance plans, but homeowners who are seeking foreclosure alternatives from short sales have had both benefits and difficulties which have been faced. Yet, understanding short sale programs may be helpful when it...
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Debt Settlement Companies For Consumer Credit Card Debt Repayment Assistance

12/31/2010
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Many consumers have been struggling with credit card debt over the past months and, in the hopes of gaining some control over their financial situation, turn to debt settlement companies who work with consumers to offer credit card debt repayment assistance through various debt relief programs. However, cardholders who have multiple credit card debts...
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Hardest Hit Fund Mortgage Assistance Programs–Will State Assistance Plans Be Helpful In 2011?

12/31/2010
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Mortgage assistance programs from the Hardest Hit Fund have been made available as a way to offer home loan assistance to homeowners in specific states that have been particularly troubled due to unemployment and underwater home loans. There have been some states who have already implemented these assistance programs which can offer more affordability...
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Debt Consolidation Loans For Bad Credit Borrowers And Debt Repayment Plans–Which Is More Helpful To Consumers?

12/31/2010
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There have been some reports which have indicated that consumers are becoming more responsible with their debt and looking for ways to repay bad credit debt obligations which may be causing difficulty in their financial life. While there are still problems with some consumers who allow debt obligations to get out of hand, there...
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Bad Credit Student Tuition Assistance–Students With Bad Credit Have Financial Aid And Student Loan Options

12/31/2010
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Bad credit student tuition assistance has been sought out by numerous individuals who may be returning to school or starting for the first time and have a low credit score due to various financial difficulties within their personal financial life. There are many who worry about finding the financing to attend a college or...
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Citigroup Underwater Home Loan Assistance Options For Homeowners With Negative Equity

12/31/2010
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Citigroup homeowners are a few of the many homeowners who have attempted to find underwater home loan assistance in situations where negative equity is present, as numerous homeowners with a variety of mortgage servicers are seeing their property values decline across the nation. Solutions for home loans which are underwater are available but they...
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Repairing A Bad Credit Score–Consumers Rebuilding Credit Turn To Budgeting And Debt Assistance Plans

12/31/2010
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Repairing a bad credit score has, for some consumers, become a major priority and as a result many are turning to budgeting and debt assistance plans as a way to repair their financial life. Obviously, the new year typically brings the idea of starting anew to many individuals and this usually leads to men...
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Traditional Small Business Loans And Micro-Loans–Will Smaller Loan Amounts Provide Small Business Borrowing Opportunities?

12/31/2010
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Traditional small business loans and micro-loans are some of the more common lines of credit which businesses have sought throughout the year, but there remain complains over tight lending practices from many banks as businesses have struggled to gain access to capital in some areas. However, new programs from the SBA which can provide...
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Converting Making Home Affordable Trial Modifications Into A Permanent Home Loan Modification Plan

12/31/2010
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Homeowners who are attempting to find affordability in their monthly mortgage payment often enter into trial modifications through the Making Home Affordable Program, but when it comes to converting a trial modification program into a more permanent home loan modification agreement, there have been homeowners who have had trouble. However, mortgage servicers often provide...
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Refinancing An Underwater Home Loan And Lowering Monthly Payments–Do Homeowners Need More Options?

12/31/2010
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Options for homeowners to refinance their underwater mortgage and lower their monthly mortgage payments are available but there are questions as to whether homeowners need more opportunities when it comes to dealing with their underwater mortgages. There are concerns that more homeowners will begin walking away from their mortgage in the coming months due...
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