Monday, November 27, 2006

The pain of bad credit

There's very little worse than the continual harassment put out by an unsecured credit card company dunning an account holder who has rung up a late payment or two. before long, it goes from bad to worse and often is compounded by problems on your credit report being spotted by the same lender who proceeds to reduce your credit line to $1 more than the amount you already owe. Guess what - that reduces your "free" or available credit which in turn will lower your credit score and.......... need I go on?

If you're looking for a down-to-earth, nuts and bolts type site for some help you could do worse than this one which is new and growing. Check the link here

Saturday, November 25, 2006

Can you trust the online lenders?

I just read an article on the pros and cons of mortgage lending on line.

It's a boon and a possible minefield for the uninitiated.

So ....you ask?

So go to a source you can trust and learn the right way
not the hard way.

So I point you to a site built expressly for folks with poor to bad credit.
It's down to earth - deals with the basics and has some good links to trusted
lending sources like eLoan. Try it it may suit you.

Credit Guide