Bad Credit Articles

Can I get a VA Loan with Bad Credit?
A VA loan is a loan guaranteed by the Department of Veteran Affairs. Somewhat of a misnomer, VA loans are not issued by Veteran Affairs but by VA-approved lenders. These loans provide financial assistance to veterans and active duty service persons in various ways. . One of...

First Time Home Buyers with Bad Credit
Before, it was easier to find lenders who would give home loans to first-time home buyers with damaged credit.  Credit scores were ignored when applying for an FHA home loan in the past.. Nowadays, however, most lenders won’t even consider a borrower unless their...

Get a Mortgage with Bad Credit
If you are worried that bad credit will prevent you from being approved for the loan, a bad credit mortgage loan can be the solution. . Sub-prime mortgage loans were once a popular solution for those with a low FICO score before the housing crash. However, now there...

How Do I Get a Second Mortgage With Bad Credit?
A second mortgage is a type of loan that is secured against the same assets as the first mortgage (e.g. your house). However, it's based on the equity accumulated within the property.  . Though difficult to qualify for a mortgage with bad credit, a second...

Bad Credit Mortgage Brokers
Because of the housing market collapse and the subsequent increase in foreclosures, bad credit has become more common. This results in many lenders attempting to capitalize on this new demand. This niche market of bad credit loans requires some experience to navigate to...

The Ultimate Guide to Credit and Credit Score
Credit represents the ability of a borrower to obtain goods or services before payment, based on the trust that payment will be made in the future. A credit score is a number representing the risk which a borrower presents to a lender, or the likelihood that the borrower will be...

What is Bankruptcy ?
Although many people are hesitant to discuss bankruptcy, it is incorrect to think of bankruptcy as an embarrassment or a cowardly option.  If you are unable to meet your financial obligations now and do not expect your financial outlook to change, consider declaring...

How Can I Repair My Credit?
Your credit is one of the most important financial tools that you possess. It helps determine if you can finance that car you want, obtain the mortgage loan for the home you want to live in, or open credit accounts with stores. Building and developing credit can be a precious thing....

What Is Debt Settlement?
Debt settlement is a process by which a company negotiates with a consumer's creditors to agree upon a lump sum pay off for a reduced amount to achieve full settlement of debt.. The negotiating company attempts to get the creditor to agree to lower the monetary amount...

Debt

How is a credit scoring model developed?

Is the Credit Scoring System Reliable?

Can I Refinance My Mortgage With Bad Credit?

Debt Cures
If you have reached a point where accumulating more debt is not an option, it's time to find a way out of debt.. Do your homeworkStart your search for a debt cure by doing your homework. Avoid falling prey to the many expensive online 'debt cure'' marketing ploys...

Infographic: Fast Ways to Boost Your Credit Score
If you're in need of a sooner-rather-than-later fix, these 7 tips for how to quickly boost your credit score may help. Whether you're looking to get approved for a mortgage loan, qualify for a car loan - whatever your need - our advice will get the job done in days, rather...

Can I get an FHA loan with bad credit?