Feb 12
A credit score and credit report are two different, albeit related, things. Credit scores—commonly known as FICO scores—are numerical values that rate one’s current creditworthiness. In the United States, credit scores typically range between 300 and 850. A credit report, on the other hand, is a more comprehensive loan dossier. Identifying information is not calculated into a credit score, but is found on a credit report.
Identifying Information: Basic Facts
You’ll often hear people say that one’s marital status, nationality and even religion are factored into credit scores; this is simply not true. The Consumer Credit Protection Act prohibits identifying information from being weighed as a factor when evaluating an individual’s credit score. Your credit report, however, does include your name, address, social security number, date of birth and any employment information. Read more…
Tags: Credit Report, Report
Feb 12
In just a few weeks I am releasing a program that teaches investors how I have created a hugely profitable mortgage assignment business and how they can do it too. I’m going to tell you all of the secrets to my success and give you all the tools, the scripts, the whole enchilada; this is by far the best mortgage assignment program out there, period.
Who am I? I’m not one to toot my own horn so here’s a professional bio that was written about me:
“Phill Grove has been called the most successful residential real estate investor in post-bubble America by dozens of today’s top guru’s. He has conducted approximately $200M in real estate transactions – using non-traditional investing methods such as mortgage assignment, short sales, equity partnering, auction-options, wraps, swaps, and other methods – many of which he invented and/or pioneered for the industry.
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Tags: Mortgage Assignment, Program
Feb 11
In an era of tight credit and overall economic uncertainty, it’s become very difficult to get a simple loan or line of credit. But the best means of short-term, unsecured loan financing to emerge has been the online check cash advance .
This is the type of loan that basically means you borrow from yourself. You apply to a cash advance lender through an online application, providing information on your employment and where you do your banking. The lender assesses your ability to pay back on the loan based on your rate of pay. The loan is then electronically deposited by the next business morning. It’s entirely possibly to apply for this loan at 5 p.m. on a Wednesday afternoon and have the money available for use by Thursday morning.
Understanding the process removes any mysteries around how it is done. It’s basically a three-step process:
1.
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Tags: Best, Best Sources
Feb 08
Debt Counseling, debt settlement has become a growing professional service in recent years as more and more Americans find themselves facing seemingly insurmountable levels of debt. Debt settlement counselors are trained to understand the complexities of debt settlement issues and are employed to help people find a way out of their personal debt crisis. And there is a way out! Even better, the way out can often be painless. It is not necessary to sacrifice everything to get out of debt. Usually all it takes is debt re-negotiation. If this is done with your creditor, it will usually be done on their terms. If it is handled by a debt settlement professional, it will be done on your terms, not your creditor’s.
Counseling debt settlement takes several forms. On the extreme end of the scale is counseling when one is at risk of foreclosure or bankruptcy.
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Tags: Debt Counseling, Debt Settlement, Settlement
Feb 05
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Compare the new FHA – Hope for Homeowners Program to a mortgage loan modification, if your are in foreclosure, close to foreclosure or have a high interest rate sub-prime style …
Tags: Homeowners Program, Loan Modification, Program
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