Would the banks been able to make all the bad loans without free money from the Federal Reserve?


Posted November 4th, 2010 by admin 4 Comments »
bad loans
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.

what percentage of the bad loans are home mortgages?


Posted November 4th, 2010 by admin 2 Comments »
bad loans
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…

Bad Credit?


Posted October 24th, 2009 by admin 17 Comments »
bad credit
The Builder asked:


I have Realy bad credit and need a bank account for my direct debits is there any bank that will let me open just a basic account i have tried two banks and they both said NO because of my BAD credit and ccj’s any advise welcome.

Can a person with bad credit become a commssion officer in the armed forces?


Posted July 7th, 2009 by admin 4 Comments »
bad credit
ladybags asked:


I have bad Kredit-und was noticeable behind calculations. Banks closed my account number, and I am a ROTC Cadet, those the commission to à ¼ bermitteln. Is my bad credit does concern me start-up?

How do I get an auto loan with bad credit?


Posted March 15th, 2009 by admin 4 Comments »
bad credit
I need to get a new car and need a loan. I have bad credit though. I have applied to numerous banks online and been rejected. Does anyone have some ideas?

By: Nicole L

About the Author:



How can I get a checking account with bad credit?


Posted February 28th, 2009 by admin 9 Comments »
bad credit
I_color_outside_the_lines asked:


I’ve been denied checking accounts from banks because of bad credit history. I really need a checking account. Are there ones you can get with no credit check?