The recession’s impact has left so many people wondering if they can dare to dream. Dream of buying a home, a new car, and there is a fear that the recession effects will impact on their own personal lives.
Since the onset of the subprime mortgage crisis, lenders are tightening their lending criteria. These days it […]
Archive for the 'Loan News' Category
Getting a Loan during a Recession – Is it Possible?
Friday, October 10th, 2008What caused the Recession?
Sunday, October 5th, 2008America’s subprime mortgage crash late in 2007 has impacted across the world and caused a recession in the US. Financial doom and gloom is spreading.
Lenders gave subprime mortgages to people with bad credit, who could only qualify for mortgages with high credit rates. The flow on effect has been to those borrowers with good credit […]
Home Mortgages – Will your Credit Report let you Down?
Saturday, September 27th, 2008Now you think is the right time to buy yourself a home. You have dreamed of getting off the renting merry-go-round and want to try and pay off a house for yourself. The big question is can you afford to get a mortgage? The other question is whether your credit rating is good enough to […]
The Good and Bad of Sub Prime Mortgages
Monday, June 30th, 2008Buyer beware applies to the lending market as much as anywhere else. Today’s market is seeing a battering with high defaults on loans, rising debt and bankruptcy which snowballs right throughout our communities. And with this comes the sub prime mortgage crisis.
So many first home buyers and lower income Americans finally realized the dream of […]
What is a Student Finance Corporation?
Sunday, November 25th, 2007Student Finance Corporation is an organization which deals with lending to students for educational purposes. Normally the loan would cover tuition fee and other associated expenses like lab fee, living expenses money for books etc.
Who can get this loan?
Student loans come in many forms and the eligibility for them varies. The two broad types are […]
