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Consumer angst has never been higher thanks to a preponderance of retailers, a tough economy and slack customer service. Though
Fortunately, there are a number of ways to reduce the possibility of an increase in your insurance premium. In this
Here, we will discuss why it is important to tread cautiously when you have just started trading the currency pairs.
Even with an engineering degree, you should be prepared for further studies that will aid your success in engineering. There
Consumer Financing Issues
In particular, the individual may not be familiar with additional perks apart from the credit card reward program. A card
Mortgage is the one type of loan that most Americans consider “good debt”, sometimes rightfully so. To further help the
Consumer Financing Needs
|What's Need to Qualify for Financing|
|Lenders use several criteria to qualify an applicant for home or financing financing. The most important criteria include:|
|1) the home/or auto appraisal:
the appraisal is the value of the asset (home or auto) that is being financed. You can borrow up to the appraised value of the home or auto.
|2) your credit rating:
your credit report is used by banks and other lending institutions to determine your credit worthiness. The report can be a factor in a lending institution's decision to approve or decline your application. You should review your credit report for any errors before applying for a loan.
|3) your capacity to repay (income ratios):
lenders analyze two ratios when qualifying the applicant for financing - the "housing ratio" and the "debt-to-income" ratio. If these ratios are too high, you may not qualify for financing.
|4) your employment:
lenders like to see applicants in good, steady employment. Lenders will verify your income with your employer or your filed tax statements.
Managing Your Credit
The first part is getting rid of any outstanding debt that you currently have. The second part is often overlooked
Taking Care of Debt
Credit card debt would not really qualify as good debt, as it generally has high interest rates associated with it.
The Game of Life
When we blame others, we are under a strange spell that makes us believe that someone else should do something
Here is how social media is helping the finance industry. Connecting with audience Social media platforms like Facebook, Twitter, and
Foreclosure is a word most people never want to hear or discuss in their life. That is one of the
Moving can be quick and easy when you start with the right choice of rental truck for moving day. It
For employees who are ready to finally earn a steady income, here are some tips that can be used to
Clearing the startup financing obstacle is made more difficult by the simple fact that new entrepreneurs are frequently turned down