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Articles and InformationThe Credit CARD (Card Accountability, Responsibility and Disclosure) Act was signed into law by President Barack Obama on May 22, 2009. This act was put into place as a means to help protect consumers from predatory lending practices set forth by credit card companies. The act was put into effect on February 22, 2010. The [...] .. Purchasing a home is one of the largest financial decisions most people make during their lifetimes and yet, too few shop around for the right mortgage. However, the difference of one or two percentage points in interest rates could amount to thousands of dollars worth of savings for you. Good credit mortgages are widely available [...] .. Before you invest in a mortgage loan, consider all of your options. First, you should work through your loan options before you even shop for a home. The reason for this is quite simply because you need to know what you can actually afford before you make an investment. Once you know what you can [...] .. Bad credit mortgages are available, if you are working on improving your financial circumstances. In the last two years, lenders have tightened up their lending requirements in the hopes of avoiding some of the foreclosure problems that have plagued the industry in that timeframe. Prior to this, bad credit mortgage loans were more readily available. [...] .. Figuring your debt to income ratio can be tricky. Most wage earners and salaried employees will breeze through this section, however if your commissioned or self employed you may want to pay close attention to this section. .. |