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JPMorgan May Pay More Than RBS to Sell CMBS: Credit Markets
JPMorgan May Pay More Than RBS to Sell CMBS: Credit Markets JPMorgan Chase & Co. is marketing $716.3 million of bonds tied to loans on commercial properties at higher relative yields than in the last sale of the debt after the worst month for credit since October 2008. Read more on BusinessWeek
How Do Reverse Mortgages Work, If You Have Bad Credit
How Do Reverse Mortgages Work, If You Have Bad Credit The reverse mortages are home loans, which you can get despite of the fact that you have bad credit. The reason is simple: borrowers take the reverse mortgages always against their home equity, so the lender has no financial risk. Read more on Contacto
Consumer credit companies take hit: New auto title provision in state loan law will hurt them and consumers, lenders say
Consumer credit companies take hit: New auto title provision in state loan law will hurt them and consumers, lenders say RACINE — Charlie Buhler is afraid that Gov. Jim Doyle ’s veto penmay have killed the business that Buhler’s grandfather started morethan a half-century ago. Read more on The Journal Times
Fed: Credit companies admit profiling credit card users
Fed: Credit companies admit profiling credit card users What you buy and where you buy it can sometimes be held against you by your credit card issuer, a Federal Reserve report to Congress Friday reveals Read more on FOX Business
Tax credit keeps housing market rolling through April
Tax credit keeps housing market rolling through April WASHINGTON – Sales of previously occupied homes appear to have risen 5.2 percent in April as government incentives provided temporary fuel to the housing market. Read more on The Tennessean
What is the statute of limitations for auto repossession?What happens after 7yrs and it off the credit report?
After 8 years and a repo is removed from you credit report. Can another company try to collect? What is the statute of limitations on this matter? It never went to court. No judgement. I don’t have the car. It was repoed 8 yrs ago.
Posted in Questions & Answers Also tagged 7yrs, after, auto, happens, limitations, Report, repossessionWhat, statute 3 Comments
How bad would the repossession by ‘we finance auto’ affect my credit?
I had to buy a used auto from ‘we finance’ like early this year due to no credit establishment. And I have been sucked paying over 200% of the blue book price. And I don’t want to keep paying that because financial situation these days is not really good. If I stop paying monthly payment [...]
Why is a car repossession so much worse than regular unsecured credit cards debt and charge-off?
when the car is actually a secured loan. what is the logic behind it that’s so much worse than regular debt unpaid? if someone’s credit is already shot, say 600, how much damage can repo do?
Posted in Questions & Answers Also tagged cards, chargeoff, debt, much, regular, Repossession, than, unsecured, worse Leave a comment
Tax Credit Frenzy Lifts Housing Market
Tax Credit Frenzy Lifts Housing Market Homebuyers rush to qualify for tax credits before they expire; frenzy lifts the housing market Read more on ABC News
2 Crucial benefits of availing a bad credit mortgage refinance loan