Author Archive

Credit Card Balance Transfers For Unsecured Debt Consolidation–Are Balance Transfer Options Helpful?

12/15/2010
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Credit card debt often comes from various sources and has been problematic for borrowers who may be in a good credit position or for bad credit cardholders as well. Yet, when various credit card debts are in place, many consumers have turned to consolidation loans as a way to handle multiple credit card debts...
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J.P. Morgan Chase Federal Modifications On Home Loans And Extension Programs For Homeowners Facing Foreclosure

12/14/2010
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J.P. Morgan Chase still has many homeowners who are facing the possibility of foreclosure, despite mortgage assistance programs which remain in place. Homeowners may still qualify for home loan modifications in December of 2010, and modification programs will expand into 2011 for homeowners who are facing the possibility of losing their home. Yet, there...
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Student Loan Opportunities With A Bad Credit Score–Do Students Have Loan Options And Should They Borrow?

12/14/2010
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A bad credit score can cause a great deal of difficulty in the life of almost any consumer as access to borrowing certain lines of credit may be unavailable and interest rates on these forms of credit, if they are available, could come with a high interest rate. However, students who may be returning...
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Federal And State Assistance Options To Avoid Foreclosure For Unemployed Homeowners

12/13/2010
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The number of homeowners who are unemployed continues to remain quite high as national unemployment and various rates across the nation in various states continues to remain at a level which many deem to be unacceptable. Obviously, high unemployment has led to a great deal of trouble in the lives of many homeowners and...
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Hardest Hit Fund Mortgage Assistance Plans–Home Loan Affordability Programs From States

12/13/2010
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Assistance programs for homeowners from the Hardest Hit Program have set in place various forms of aid for which homeowners may qualify in the hopes of preventing more widespread foreclosures across the nation. These affordability programs are hoped to begin across numerous states, whose housing agencies were granted these funds in order to address...
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Small Business Health Care Tax Credit For 2010 For More Affordable Businesses Health Insurance Plans

12/13/2010
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Small businesses have found assistance when providing healthcare to their workers through the 2010 IRS tax credit for small business health insurance. Employers seeking affordable health insurance plans in cases where there may be a small number of employees have often had difficulty meeting these costs due to the high premiums, but this tax...
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Fannie Mae And Freddie Mac Underwater Mortgage Refinancing–Officials Want Participating In FHA Program

12/09/2010
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There are reports concerning reductions in mortgage balances from Fannie Mae and Freddie Mac that could give more opportunities for homeowners who are having difficulty making their monthly mortgage payment obligation. Underwater home loans have been a problem for numerous individuals across the nation, and discussions between the government and Fannie Mae and Freddie...
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Secured Personal Loans For Bad Credit Borrowers May Bring Access To Capital But Can They Repair A Bad Credit Score?

12/09/2010
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Borrowing opportunities for individuals with a bad credit score may come in various forms, but a common way which loans have been accessed by these borrowers is through secured personal loans. Some consumers have turned to secured personal loans simply as a way to gain access to capital but others have seen these types...
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Credit Card Debt Consolidation Benefits And Problems–How Have Cardholders Used Consolidation Loans On Debt?

12/09/2010
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Credit card debt can often come from various sources and, as a result, there are consumers who have become overwhelmed with these multiple debts and have turned to credit card debt consolidation loans as a way to alleviate themselves of these credit card debt obligations. While it may seem like a good idea to...
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Mortgage Assistance For Unemployment–No Interest Loans And Forbearance Plans For Jobless Homeowners

12/08/2010
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Unemployed homeowners were previously able to qualify for certain mortgage assistance programs, like home loan modifications, if they were receiving income from unemployment benefits. However, changes in certain rules have no longer allowed jobless individuals to claim these benefits as income, which has shut the door on some modification opportunities for the unemployed. Yet,...
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Posted in Banking/Finance, Unemployment | Comments Off

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