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What Is a Good Mortgage Interest Rate and Other APR Info

Credit Corp

The prime rate at any given time is generally the best possible rate you can get, though lenders may offer rates below prime. If your credit score is anything less than perfect, it’s unlikely you’ll qualify for the prime rate. Those factors can include your credit, how much you are borrowing, the value of the home, and other data.

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How to Find the Right Online Personal Loan for You

Credit Corp

Online lenders make it easy to compare rates and terms and find the right online personal loan for your situation. That is, the lender advances you money that you pay back with interest over a predetermined period of time. This often allows digital lenders to streamline the applications. Benefits of Online Personal Loans.

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10 Reasons You Were Rejected for Credit

Credit Corp

This code can mean two different things: You don’t have enough accounts for lenders or credit scoring models to effectively gauge your risk as a borrower. Even if you’ve paid your bills on time, if you only have one credit card that’s been open three months, that’s not enough information for many lenders.

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What Happens After a Personal Loan Bankruptcy Discharge?

Sawin & Shea

Types of personal loans include: Installment Plan Payday Peer-to-Peer Lending Cosigner /Guarantor Debt Consolidation Variable Rate Fixed Rate During your bankruptcy proceeding, at least a portion of these loans will be discharged, whether you borrowed from brick-and-mortar or online lenders. However, it is difficult to qualify that soon.

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Colorado AG Announces Two More Settlements in GAP Refund Cases

Troutman Sanders

On January 4, Colorado Attorney General Phil Weiser announced that his office had reached settlements with Bellco and Canvas credit unions which will provide $4 million in refunds of unearned guaranteed automobile protection (GAP) premiums to consumers that the credit unions failed to provide previously. Chris Carlson.

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560 Credit Score

Better Credit Blog

A good credit score is essential if you’re looking to get approved for anything from a rewards credit card to a mortgage. But what score do lenders consider to be good? If you have a 560 credit score, your approval odds for loans are low, and your credit rating is pretty poor. Repossessions. Bankruptcy.

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What Is a 1099-C Form and How Does It Affect Your Credit?

Credit Corp

A 1099-c cancellation of debt form is issued when a lender forgives or cancels a debt. A property is foreclosed or repossessed. Is a 1099-C Form Good or Bad for Your Credit? So, while getting a 1099-C itself doesn’t change your credit at all, you’ve probably already experienced a negative hit to your score.