openPR Logo
Press release

Bad Credit Loans and Sub Prime Lenders

12-12-2005 01:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Online Credit Pro

What do you think if you home loan application is denied? The first thing you do is to retrieve is get hold of your credit report. I would suggest that you look into a tribureau credit report (which has reports from Experian, Equifax and Transunion) A tribureau credit report will have fewer discrepancies and have up to date information about your credit. Loan applications are rejected if we have a bad credit history or excessive debts. If you are prompt on your payments, credit companies will review your payment record after six months or so. Once the default rate of interest is reversed, you can approach the lender after a year or two for loan applications. Your priority should be to get your credit standing in good shape and save money for down payments. Consult with a credit counselor for a debt-management plan.

Sub prime lending has been introduced to help people with poor credit and give the best deals to those borrowers who are at credit risk. However you have to be wary about those sub prime lenders who attract gullible borrowers for their own gains. Some sub prime lending prices have hidden costs, interest rates and processing fees under the garb of easy availability and accessibility. The main reason sub prime borrowers fall in the trip of high interest rates and fees is because of the fact that they do not compare and shop for the best deal. Some times you will have sub prime lenders who offer you no down payment, interest only adjustable options of mortgage payments. There is an element of risk involved because of market irregularities.

Borrowers should go for sub prime loans that let them refinance without penalty at a lower rate once they've re-established their credit. To help low income borrowers and people with bad credit loan problems, ACORN and other organizations have tied up with Citigroup, California based Americquest and other semi prime lenders to see fair deal is given to them.

For More Information Contact:

Ethan Hunter

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bad Credit Loans and Sub Prime Lenders here

News-ID: 1091 • Views: 2771

More Releases for Experian

Debt Collection Software Market Is Booming Worldwide | FICO , Pegasystems , Teme …
The Global Debt Collection Software Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team. Debt Collection Software Market report spread across 143 Pages, Profiling 25 Companies and Supported with 66 Tables and 45 Figures are now available in this Research report. The Debt Collection Software Market size is
Retail Analytics Market Competitive Analysis to 2025: Microsoft, Oracle, IBM, SA …
This Retail Analytics Market report covers detailed market analysis with inputs from industry experts. The market type, size of the organization, availability on-premises and the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa are taken into account while generating this global market report. Global Retail Analytics Market valued approximately USD 3.1 billion in 2016 is anticipated to grow
Employment Screening Services Market: Emerging Trends & Growing Popularity | Ins …
HTF MI released a new market study on Global Employment Screening Services Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides
Data Broker Market Size, Insights, Trends, Outlook 2018 | Top Leading Players: A …
Data Broker is a business that aggregates information from a variety of sources; processes it to enrich, cleanse or analyze it; and licenses it to other organizations. Data brokers can also license another company's data directly, or process another organization's data to provide them with enhanced results. Global “Data Broker Market” Report peaks the detailed analysis of industry share, growth factors, development trends, size, majors manufacturers and 2023 forecast. The report
Retail Analytics Market Is Booming Worldwide | Microsoft, Oracle, Experian, SAS …
HTF Market Intelligence released a new research report of 120 pages on title 'Global Retail Analytics Market Size Study, by Application (Merchandising Analysis, Customer Analysis, Performance Analysis, Inventory Analysis), by Business Function (Finance, Sales, Marketing, Supply Chain and Store Operations), by Component (Software, Services), by End-User (Online, Offline) and Regional Forecasts, 2017-2025 (USD Billion/Million)’ with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe,
Business Information Market Is Booming Worldwide | Bloomberg, Dow Jones, Experia …
HTF MI recently introduced Global Business Information Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Bloomberg, Dow Jones, Experian Information Solutions, RELX Group, Thomson Reuters &