Michael Petrone asked: Many homeowners are trying to refinance a mortgage. However, with such a bad housing market and economy, some people are getting denied. Here is some advice what to do when denied a mortgage refinancing, and how you can get approved.Many homeowners, on top of not having good credit, also have seen their [...]
Chad Nicely asked: 1. Income LevelPretty self explanatory. They will take the income that you report and conduct what is called a debt to income ratio. Basically if you are not able to satisfactorily pay all your debt and still have some left over. Then your debt to income ratio will not be approved.2. Adverse [...]
Sam Goodman asked: Not many Americans understand how a credit report impacts their financial and overall lives. It is imperative if you have debt to maintain a high credit score. If you have defaulted on your payments or if you have over $10,000 in credit card debt and you are not able to make your [...]
Rayven Perkins asked: There are multiple credit myths and rumors that surround the realm of credit reporting. Some are urban legend, and have become so widely disseminated that they are taken as gospel; others are deliberately encouraged by lenders to terrorize or cajole debtors into compliance.The following is a compilation of the most common credit [...]
bynam asked: I have atleast 4 major credit debts that was in the early 90′s i thought bad debt only remains on your credit for no longer than 7 years its almost over 10 years but they still show up on my credit reports. Is there anything I can go legally to take those off [...]