The New Forms of Credit Scoring and You »

In the past years, various methods of credit scoring were used to calculate individual credit score. It used to be that credit score was mostly determined by the number of credit cards owned, the frequency of credit card charges, and the cardholder’s capability to pay off these charges. Consequently, those who do not own credit cards may be regarded as a poor candidate for credit. As a result, people who cannot qualify for loans may have little choice but to seek out subprime lenders.

Avoiding Home Foreclosure through Debt Consolidation »

Can you really stop the process of foreclosure? The truth is, it would be a lot more difficult to stop foreclosure once your bank or lending company has already filed to start the process. Once you’re sent the Notice of Default, you’ll be racing against time to save your property. In this article, let’s talk [...]