Posted November 4th, 2010
by admin
KissDragon asked: I have 6 rental properties that I bought with 20% down on all of them but I am stuck in bad adjustable loans. I tried to Refi but the bank say the houses all lost value and I would have to bring another 20% to the table at closing. The mortgage holders say they will not work with me on the loans till I am 30 past due. How do I resolve this?
Tags: Adjustable Loans, Houses, Lost
Posted in Personal Finance | 3 Comments »
Posted November 4th, 2010
by admin
jack asked: They want $.50 cents on the dollar! This will only cause further bad loans to occur!
Tags: 50 Cents, Dollar, Feds
Posted in Other - News & Events | 2 Comments »
Posted November 4th, 2010
by admin
iamct01 asked: One thing I have learned is that the countries that do not take our loans are the countries that we are suppose to hate. Iraq before invasion, Iran, Venezuela, etc. Russia was on this list but now have let the companies in and are no less capitalistic then the US. Saudi Arabia, Pakistan, “Dubai” Turkey, Jordon, Brazil, etc have taken our bad loans.
Tags: Countries, Saudi Arabia, Turkey
Posted in Politics | 5 Comments »
Posted November 4th, 2010
by admin
Stephan asked: The government is shelling out 700 billion dollars to buy the bad loans that are putting the big banks in danger. We are told that the bad loans consist mainly of unpaid mortgages (sub-primes etc). So the government is effectively buying 700 billion dollars of housing. If we estimate the price of one house between 100k$ and 350k$, then the government should be acquiring 2 to 7 million houses. That is, unless we are being misled and that these bad loans were made up of a lot more than just home mortgages…
Tags: Banks, Billion Dollars, Home Mortgages
Posted in Credit | 2 Comments »
Posted November 4th, 2010
by admin
End Fed, Ron Paul Revolution!!! asked: After 9/11without the Federal Reserve giving out essentially free money to the banks at 1%, it is highly likely that most of the bad housing loans would have happened in the first place. There would have been no artificial housing boom to begin with.
Tags: Bad Loans, Banks, Federal Reserve
Posted in Politics | 4 Comments »
Posted October 10th, 2010
by admin
s a asked: I want to buy my home but my credit score is 446 so I have been referred to a credit repair agency for help. But because I have so many outstanding debts, some very old & some new, the estimated price for their service is $1200. Yes, I have tried this process on my own but it takes too long, Should I just go ahead & pay for their service so I can buy my home?
Posted in Credit | 11 Comments »
Posted October 10th, 2010
by admin
Shira asked: My credit is terrible because my mother has been using my social security number for her needs. When I asked her about it she said “It is a mistake and they must have merged our credit reports.” Is it really possibly that our reports have been merged or is she just trying to cover her tracks? And where can I find a reliable credit repair company?
Posted in Credit | 8 Comments »
Posted October 10th, 2010
by admin
eyes_rolling09 asked: I heard about Impeccable Credit in the Woodlands on a Channel 39 News special. They promise for a flat rate of 750$ they will repair your credit. The establishment has been there for some time and based on the news report they seemed legit. I would just like to know if anyone has actually used their services and been successful, or is it just too good to be true.
Tags: Houston Area, News Report, Promise
Posted in Credit | 5 Comments »
Posted October 10th, 2010
by admin
Kathern Averbach asked: I would like to learn how to do credit repair. Are there any certification programs? Any suggestions would be highly appreciated. Thank you.
Tags: Certification Programs, Credit Repair, Seminars
Posted in Other - Society & Culture | No Comments »
Posted October 10th, 2010
by admin
Amit D asked: i am looking for a Credit Repair Company in the UK that can help me remove late payment marks from my credit file.
these late payments are now 12 months old but it is still effecting my credit report.
Tags: 12 Months, Credit Repair Company, Credit Report
Posted in Personal Finance | 3 Comments »
