How your credit score can impact the purchase of a home

News from Milwaukee Journal Sentinel:

(ARA) – Purchasing a home can be the most rewarding – and also the most frustrating – financial transaction of your life. Especially today, when the news is filled with stories about the great market conditions for buyers. One aspect of the home buying process that’s often overlooked is the extra [...]

New warning over UK’s AAA credit rating rocks Osborne ahead of Budget

News from Daily Mail:

By Hugo Duncan and Jason Groves
PUBLISHED: 20:54 EST, 14 March 2012 | UPDATED: 20:54 EST, 14 March 2012
George Osborne was last night rocked by a pre-Budget warning that Britain risks losing its top-notch credit rating.
International agency Fitch said it was likely that the UK will be stripped of its AAA status in [...]

LARS credit forum helps consumers deal with credit scores

News from Baltimore Sun:

Many clients who seek assistance from Laurel Advocacy and Referral Services — a Laurel nonprofit that helps 2,000 homeless and low-income individuals each year — are in trouble because of credit. Credit scores impact their lives, from the ability to rent apartments or obtain insurance to employment opportunities.
To help clients, and others [...]

LARS credit forum helps consumers deal with credit scores

News from Baltimore Sun:

Many clients who seek assistance from Laurel Advocacy and Referral Services — a Laurel nonprofit that helps 2,000 homeless and low-income individuals each year — are in trouble because of credit. Credit scores impact their lives, from the ability to rent apartments or obtain insurance to employment opportunities.
To help clients, and others [...]

Need a Loan? Credit Score One of Many Important Factors

News from Opposing Views:

By Barrett Burns
You may be happy to learn that a common misconception held by even financially savvy individuals is that a bank’s decision to lend hangs solely on a person’s credit score. The credit score is certainly an important part of the approval and pricing criteria, but generally it is not the sole [...]

As offers increase, terms improving for better borrowers

News from Debtmerica Relief:

Monday, 12 March 2012 12:00

While consumers’ attitudes toward borrowing changed drastically during the recession, many have begun to feel more comfortable with credit card debt as economic conditions improve nationwide.
As a consequence of those two factors, lenders are now extending more lines of credit to borrowers, but are reserving their best [...]

As offers increase, terms improving for better borrowers

News from Debtmerica Relief:

Monday, 12 March 2012 12:00

While consumers’ attitudes toward borrowing changed drastically during the recession, many have begun to feel more comfortable with credit card debt as economic conditions improve nationwide.
As a consequence of those two factors, lenders are now extending more lines of credit to borrowers, but are reserving their best [...]

Leapin’ lizards! What’s with all the car insurance ads on TV?

News from Deseret News:

SALT LAKE CITY — It turns out that recessions are great, if you’re in the car insurance business.
The reason goes something like this: A bad economy means more people have financial difficulties, of course, which can mean their credit scores drop. Many insurance companies use credit scores to determine the rates they [...]

Money Matters: Keep credit score in mind when applying for a mortgage

News from YNN Hudson Valley:

When it comes to securing a mortgage, the difference between good and bad credit could mean tens of thousands of dollars. Tara Lynn Wagner filed the following report.

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Mortgage rates start to rise

News from Telegraph.co.uk:

Indeed, it emerged this week that the gap between the interest being charged on the average mortgage and the official Bank Rate of 0.5pc was the highest since records began in January 1995 – a disclosure that has led to accusations of profiteering.
The rate rises will add hundreds of pounds to borrowers’ mortgage [...]

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