Debt repayment strategies by consumers often differ and we have seen some who are still sticking to consolidation loans as a way to group all of their debts together and potentially get a more affordable monthly payment, particularly if these individuals qualify for a low rate on a consolidation loan. Personal loans for consumers...
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It was reported that homeowners with the Freddie Mac saw increases in certain types of delinquencies as the delinquency rate for single-family homes increased, but there was a slight decrease in the multifamily delinquency rate between August and September. However, for these homeowners with Freddie Mac who are struggling with delinquency, officials are pointing...
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Many consumers who are in a position where they are in need of a more positive credit score are often looking for ways to find information that will help them when it not only comes to getting their credit report and credit score, but ways that they may be able to implement certain practices...
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Recently we have seen decreases in home prices as the Federal Housing Finance Agency reported here at the end of October that the US house price index fell for the month of August, and this has created a situation where more homeowners may be seeing a decline into negative equity and seeking a way...
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Here in late October we are seeing some consumers finding it difficult to meet certain loan payments and continued issues have been in place for homeowners who are still facing delinquency, as we have seen from various reports that there are certain servicers who are seeing increases in the number of homeowners who are...
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Business owners who are finding it difficult to acquire a small business loan from a traditional bank at times turn to alternatives like credit unions as a way to get the funding they may need and potentially work with them to build a relationship that is with a local institution and potentially offer added...
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Consumers who have faced foreclosure or financial setbacks are in a position where their credit score has obviously taken a hit as we are seeing delinquencies increase and even late payments on credit cards rise, all of which can lead to lower credit scores for consumers, like those who may be potentially in a...
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Here in October we have seen mixed results in the area of housing as some reports have indicated that home starts increased in September and, in some areas, home sales also increased last month, but some areas of the nation saw decreases in existing home sales, which when taken as a whole paint a...
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As debit card fee increases remain an issue that many banking customers are focusing on, there are consumers who are thinking of switching gears entirely and relocating their banking business from one institution to another, and specifically when we look at checking accounts, these consumers are looking for the high interest rates on their...
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Alternatives to foreclosure from J.P. Morgan Chase, specifically short sales and deed in lieu of foreclosure plans, saw improvements within the federal Home Affordable Foreclosure Alternatives initiative between July and August, as homeowners with Chase saw increases in not only these agreements that have been started but the number that had been completed as...
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