• Using Personal Loans Against Credit Card Debt

    5 monthes ago - By RIS Media

    A poor credit score can affect people in many ways. It can make it difficult to get approved for a mortgage or other type of loan, and can lead to paying higher interest rates on those loans and on credit cards. It can also make it hard to get a cellphone contract or rent an apartment.
    By paying off a high credit card balance, borrowers can improve their credit score and, over time, start to see lower interest rates offered to them.
    Those with bad credit can pay $4,975 more in interest on their credit card debt than those with good credit, according to a report by Syracuse University.
    One...
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  • The Mortgage Professor: Have mortgage loan officers become more trustworthy?

    The Mortgage Professor: Have mortgage loan officers become more trustworthy?

    5 monthes ago - By Stl Today

    Q: Did the new regulations issued in the wake of the financial crisis make mortgage loan officers more trustworthy? A: One regulation, issued by the Federal Reserve as part of Truth in Lending, has had that affect. This regulation made...
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