While borrowers with a good credit could get an auto loan from traditional creditors like banks and credit unions who usually provide for lower interest rates. However, a majority of the consumers have either poor, bad or no credit history. Hence, these individuals might not have the access to banking auto funds. Nevertheless, there are [...]
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Marathon talks for EU, IMF on Irish loan
November 20th, 2010
davidguide As EU experts dug through the books of Ireland’s debt-crippled banks, the question moved from whether Ireland will take an international bailout to under what conditions. ||| Dublin – As EU experts dug through the books of Ireland’s debt-crippled banks, the question moved from whether Ireland will take an international bailout to under what conditions. [...]
Delinquency Rate on U.S. Mortgages Declines
November 18th, 2010
davidguide But the report, from the Mortgage Bankers Association, also found a rising rate of new foreclosure applications. View full post on Business Stories
Government Cuts Led U.S. to Lose 95,000 Jobs in Month
October 8th, 2010
davidguide The unemployment rate stayed flat at 9.6 percent in September, but the drop in employment was far worse than expected. View full post on Business Stories
Hard Money in a Changing Economy
August 26th, 2010
davidguide As many of you know, there has been a major shift in the sub prime mortgage market. In the boom years of the turn of the century, the mortgage market was inundated with exotic sub prime money for borrowers. Never has the mortgage community been so borrower friendly to people with low FICO scores, undocumented [...]
Knowing the Cons of Hard Money Loan
August 11th, 2010
davidguide There is the always the “cost associated” with the hard money loan. In comparison to a traditional business loan, a hard money loan will be much more costly. You can expect to pay a fair amount more in interest rate in exchange for having the money faster. Consider the higher interest rate as the cost [...]
For A Flourishing Business Take Secured Business Loan
July 19th, 2010
Tim Kelly Secured business loan enables business persons in taking required amount of loan at lower interest rate and overall low cost. With security of the loan in place, even bad credit business persons are equally eligible for a hassle free loan and that too at lower interest rate. The loan has many attractive features which the article discusses for benefit of business persons.
Identify Your Business Needs and Obtain the Right Business Loan Accordingly
July 15th, 2010
davidguide Ideas, strategies, and capability can not establish and grow your business single-handedly. To materialize those into a flourishing business, you need capital which isn’t always very easy to arrange from your savings. What if you are a new entrepreneur who is starting up a business for the first time? What if you don’t have adequate [...]
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