Test your knowledge of creditworthiness

Credit profile, score, assessment: If you are thinking about a home construction loan, these are important terms that you should inform yourself about. What is a credit score? All credit active persons have a profile. This is a summary of your history with each lender you have ever dealt with …

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Strategies that can help with foreclosure

While loan modification and bankruptcy are the most popular strategies for getting foreclosure help, there are many other tactics that can be considered. These techniques can either result in the borrower keeping the home or losing the home, but the primary benefit is minimizing the damage to creditworthiness. The first …

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Understand who qualifies for a VA loan refinance

The US Veterans Affairs Administration has helped provide home loans to veterans since 1944. The program allows both veterans and active duty members to obtain affordable mortgages that the VA guarantees lenders will repay. The program has been expanded to include the refinancing of these loans and is subject to …

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Pros and cons of online loan application

Getting a loan from the bank or other institutions can take a while before you get approval. If you need quick money, you can consider an online loan application. You no longer have to wait a week or a month to get approval for the loan you need. It may …

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What to Expect When You Are Pre-Approved for a Home Loan

The process of obtaining a home mortgage can be confusing; especially for the first time home buyer and with all the recent changes that have taken place in mortgage lending. Lending experience may vary from lender to lender, but the basic steps are the same. The first step in this …

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Loans for startups – an introduction

You have this great business idea that you are convinced will make you a fortune. You are willing to put in the hard work it takes to turn your idea into a successful business. There is only one catch – the lack of sufficient capital on your part. However, you …

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Ready to beat the CD prices? Try a fixed annuity

Long considered a CD alternative, fixed annuities are very popular today. Because they pay higher interest rates than CDs and defer taxes, many people with fixed incomes find a fixed annuity a better option than tying up money in CDs or storing it in a money market account… As with …

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Investing in fixed index funds may limit your capital growth

Fixed income investing grabs a lot of headlines these days as it appears to be a straightforward, systematic and lucrative investment opportunity, but only until the veiled facts are released. So here’s a detailed guide for those who want to know what the downsides of investing in a fixed indexed …

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