Posts tagged as:

borrowing

Credit score basics

July 23, 2009

All the information out there on credit scores can be confusing. At the heart is the FICO score, which is what lenders use to determine your riskiness as a borrower.
Here are the main elements of the FICO score:

Payment history – Account payment information on specific types of accounts you may have, such as credit cards, [...]

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In Pictures : Mortgage Guidelines Get Tough For All Borrower Types — Quickly

August 13, 2008

In Pictures : Mortgage Guidelines Get Tough For All Borrower Types — Quickly | Homes and Money

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The Interest Rate Outlook Continues to Improve

June 26, 2008

The Interest Rate Outlook Continues to Improve | Queercents

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Former Bear hedge fund managers surrender

June 19, 2008

Former Bear hedge fund managers surrender Ralph Cioffi and Matthew Tannin, who managed Bear Stearns hedge funds before the subprime collapse, charged with lying to investors about mortgage market risk. | CNN Money

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Attention: do not take out a 9-year auto loan (for crying out loud)!

March 5, 2008

Lenders around the country are apparently offering 9-year auto loans mortgages. I am willing to make a sizable wager that 90% or more of the people who take out a 9-year auto loan will be upside-down on their loan when they trade in their whip for a shiny new one.
[photo: Kerry A Adamo]
P.S., I am [...]

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