Mortgage ads show no sign of credit woes (Boston Globe)

6. You have the right to submit a Consumer Statement of your view of the problem. If you, as a credit consumer, dispute the accuracy of certain information in your credit report and it is verified by the creditor as correct, then the credit bureau is required to include your explanation of your dispute, if you request, in your credit report. Limit your explanation to no more than 100 words.

Mortgage ads show no sign of credit woes (Boston Globe)

On aol.com this week, the Internet-based loan company Lending Tree offered "bad credit options" and a $425,000 loan for only $1,376 a month. Countrywide Financial Corp. , the largest US lender, declared "Bad Credit? Call Today. Refinance or Tap into Your Home's Equity" in an online ad from its Full Spectrum Lending Division.

No credit crunch in mortgage ads (Bradenton Herald)

On aol.com this week, the Internet-based loan company Lending Tree offered "bad credit options" and a $425,000 loan for only $1,376 a month. And Countrywide Financial Corp., the nation's largest lender, declared "Bad Credit? Call Today. Refinance or Tap into Your Home's Equity" in an online ad from its Full Spectrum Lending Division.

What Credit Crunch? (Washington Post)

On AOL.com this week, the Internet-based loan company LendingTree offered "Bad credit options" and a $425,000 loan for only $1,376 a month. And Countrywide Financial, the nation's largest mortgage lender, declared, "Bad Credit? Call Today. Refinance or Tap into Your Home's Equity" in an online ad from its Full Spectrum Lending Division.

Credit crisis changes rules for getting a mortgage (Sun-Sentinel)

You've read about the credit crisis, about stocks tumbling, about thousands of subprime loans exploding and home foreclosures on the rise. How will this affect you?

Drowning in debt? Lifeguard is credit counseling service (Atlanta Journal-Constitution)

The good news for the Consumer Credit Counseling Service is it's hiring like crazy. The bad news is, it has to do that. Since it set up a new hotline Jan. 31, the Atlanta-based nonprofit has been overwhelmed by desperate homeowners across the country teetering on the brink of foreclosure as the subprime mortgage industry implodes.

Credit crunch absent from ads (The Nashua Telegraph)

Meet victims of the mortgage mess (The Buffalo News)

For five years, the housing boom put money in the pockets of lenders, brokers, realtors and investors, and granted easy mortgages to homeowners with both good and blemished credit. But as home prices decline and interest rates climb, the cracks in the housing marketâ€™s foundation are widening.

Easy-money bills come due (The Palm Beach Post)

For most of this decade, buyers of homes and businesses enjoyed "easy" credit, allowing them to get low-interest loans with few questions asked.

Step-by-step guide to better credit (Orange County Register)

"We'll have to run your credit report." If those words spook you more than any horror movie, your credit is probably a little scary. Maybe it's downright horrifying.

Think You're Paying Too Much on Your Car Loan? (Richfield Reaper)

(ARA) - You have probably heard of auto refinance before. Or simply refinance. The term actually refers to a financial situation wherein a borrower finds financing to pay off a current loan.

Mortgage ads show no sign of credit woes (Boston Globe)

Eventually banks charge off unpaid debt balances. A charge off does not mean that a forgiveness of debt occurs, it only indicates the creditor has made an accounting notation that they do not believe that the debt will ever be repaid. A charge off represents a significant black mark on one’s credit report. Charge offs can be noted in several ways. A charge off which is unresolved appears as such on a credit report. Charge offs can be resolved the same as any other debt by either paying them in full, paying them at a discount, making a payment over time or filing a bankruptcy. Aside from the obvious downside of a charge off in that it paints the debtor in a very poor light, an open unpaid charge off indicates to a potential creditor reading your report, not only was there financial trouble at one time but further more that the debtor has not made any effort to deal with the problems. A bankruptcy is certainly not a favorite resolution by the creditors but it shows that the debtors have recognized there is a problem and has taken some action. In terms of a credit report a bankruptcy is not a clean slate. A bankruptcy remains a nasty item on one’s credit report as long as ten years. On the positive side, however, the bankruptcy is a clear time or “line in the sand”, from which the debtor can begin to rebuild. With open unresolved charge offs there is no such point in time where rebuilding can start. Open unresolved charge offs remaining glaring poor credit cavities on ones credit report.

More articles:
Five Not-so-Fun Facts about FICO (Benton Evening News)
The next credit crunch? (Chicago Tribune)
Boss can check your credit report (Bankrate.com via Yahoo! Finance)
CUCS GForge:Exiting with error
Card Credit

Mortgage ads show no sign of credit woes (Boston Globe)

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Mortgage ads show no sign of credit woes (Boston Globe)

Mortgage ads show no sign of credit woes (Boston Globe)

No credit crunch in mortgage ads (Bradenton Herald)

What Credit Crunch? (Washington Post)

Credit crisis changes rules for getting a mortgage (Sun-Sentinel)

Drowning in debt? Lifeguard is credit counseling service (Atlanta Journal-Constitution)

Credit crunch absent from ads (The Nashua Telegraph)

Meet victims of the mortgage mess (The Buffalo News)

Easy-money bills come due (The Palm Beach Post)

Step-by-step guide to better credit (Orange County Register)

Think You're Paying Too Much on Your Car Loan? (Richfield Reaper)

Mortgage ads show no sign of credit woes (Boston Globe)