Avoid Getting Hooked by Debt-Reduction Schemes

avoid debt reduction schemes

Get rid of debt fast and easy, for pennies on the dollar. If the deal sounds too good to be true … well … you know the drill. As the jobless rate climbs, many people find themselves falling behind on credit-card bills, struggling with living expenses and bogged down with a mortgage or car payment. [...]

How does a home builder’s lender define bad credit?

bad credit home builder lender

Bad credit can best be defined as everything that appears on a credit report that is derogatory. When buying a new construction home, often the home builder will have an affiliated business relationship with a mortgage lender that additionally allows them to offer new home financing as a packaged service. Sometimes home buyer incentives are tied to the use of a [...]