Archive for November, 2011

Student Loan Forgiveness Programs For Public Service Workers–Opportunities For Erasing College Debt

11/01/2011
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As student loan debt becomes more of a problem for graduates many are looking for ways to take advantage of forgiveness opportunities that may be available from their lender or, in the case of federal loans, students who are in a public service career and may qualify for the forgiveness options could be in...
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Citigroup Total Trial Modification Offers And Starts See Improvements In Numbers Of Plans Made Available To Homeowners

11/01/2011
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The total number of trial modifications that have been offered by Citigroup have increased according to the most recent Treasury Department information we have, and while active trial modifications may vary from one servicer to another, improvements in the area of trial offers that are extended and started may indicate that homeowners who are...
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Buying A New Home And Getting A Low Rate On A Mortgage Remains A Priority For Some Amid Concerns In Housing

11/01/2011
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Individuals who are looking to buy a new home with an affordable rate and at an affordable price have found themselves in a position where, at the current time, it may be easier to get the type of home they need and affordability in their mortgage, as getting a lower rate on a home...
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Mortgage Principal Forgiveness Plans For Underwater Homeowners–Options When A Servicer Doesn’t Offer Principal Write-Downs

11/01/2011
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Many homeowners who are in an underwater mortgage have often looked for ways to get a mortgage principal write-down as some want forgiveness on their home loan principle as a result of the drastic devaluation that has been seen in some areas. When a servicer may not offer a principal write-down, many homeowners have...
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Free Credit Report For Consumers To Improve Their Bad Credit Score Often A First Step But How Is The Information Used?

11/01/2011
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Over the past few months as we have seen high levels of unemployment continue, with current rate standing at 9.1%, and there are consumers who are seeking financial setbacks and damage done to their credit as a result of either missed payments on debts or financial problems arising from other factors in their lives,...
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Wells Fargo Homeowner Alternative Modification Plans–Lower Numbers Seen In HAMP But Are Options Still Available?

11/01/2011
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Reports released in October have shown that Wells Fargo saw a decrease in the number of alternative modifications made specifically for homeowners who did not qualify for a federal home loan modification plan, and this has led some to question whether there are alternative opportunities for a modification from this particular servicer if a...
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Secured Credit Cards For Borrowers With Bad Credit–How Consumers Use These Cards And What Benefits They Offer

11/01/2011
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Credit cards available to people with a bad credit score can come from a variety of sources and we saw in October that there were indications some credit card lenders are beginning to offer more options to subprime borrowers, but often is the case that these consumers who are having trouble getting a line...
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Small Business Loans From Traditional Lenders And Online–Do Companies Have More Access To Credit?

11/01/2011
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Small businesses that are looking for loans may be in a position where they are seeing that access to credit is difficult to come by or, according to some officials, small businesses are simply not in a position where they can either qualify for a small business loan or can afford to take on...
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