Is it feasible to obtain a loan while having no credit? Yes, you can acquire a loan with no or terrible credit, but lenders would most likely charge you a higher interest rate than if you had a credit history. Here are some possibilities to consider if you need a no-credit loan. Loans without credit …
What is Loan Modification? A loan modification occurs when the lender agrees to change the conditions of the loan and, in effect, creates a new loan. For instance, the lender could agree to temporarily extend the loan’s terms or cut the interest rate. This option allows you to catch up on delinquent bills by lowering …
What Exactly Is a Conventional Loan? Conventional mortgages are not backed by the federal government. Qualifying for these loans is more difficult than for government loans, but they are available to a larger range of purchasers and properties. When looking for a mortgage, you’re certain to come across the terms “conventional mortgage” and “conventional loan.” …
What You Need To Know About Bankruptcy What’s up family? This is your boy Ivan Hall, the credit King. Are you thinking about filing for bankruptcy? If so, here are a few things you should understand before you take up this journey. Bankruptcy is set in place for individuals or businesses to obtain relief from …
