One controversial tactic in debt collection is a relatively new term, debt shaming. This involves some level of public disclosure by the collector to bring attention to a debtor who…
read moreBack end ratios are used by banks to make loan decisions. What can you do to improve yours?If you are applying for a loan, your debt-to-income ratios, especially your back-end…
read moreA Home Equity Line Of Credit (HELOC) is a revolving loan borrowed against your home’s equity. That means the amount you owe will vary from month to month, like a…
read moreThe Home Affordable Refinance Program (HARP) is now in its 5th year, but many homeowners still have questions about it. The current version of HARP, dubbed HARP 2.0, is set…
read moreA HELOC, or Home Equity Line of Credit, offers certain tax advantages that consumers should take into consideration. The HELOC is not a lump sum loan, but a credit line…
read moreMany people who are struggling to make their mortgage payments will refinance their home loans to get more affordable payments, better interest rates, or to switch from an adjustable to…
read moreHOEPA, or the Home Ownership and Equity Protection Act, protects homeowners when they refinance or get home equity loans. The law attempts to prevent unfair practices from lenders who offer…
read moreHOEPA, or the Home Ownership and Equity Protection Act, is designed to protect homeowners from predatory lenders and scammers who would seek to strip homes of their equity using abusive…
read moreThe first time home buyer tax credit was a program that was available for homes purchased as your primary residence between April 2008 and May 2010. Under that federal program,…
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