Archive for the ‘Credit’ Category

Foreclosure and Your Credit Score

Tuesday, March 4th, 2008

By: Dave Dinkel The impact of foreclosure on your credit score is the most frequently asked question we get. The method of calculating a credit score (FICO Score) is proprietary information. What complicates the issue even further is that all credit information is calculated into the individual’s credit score as it is entered [...]

Are You Seeking Mortgage Debt Advice?

Saturday, March 24th, 2007

By: SimonDuffy Today in the UK there are more people than ever looking for advice on repaying their mortgages. Are these the people who borrowed way beyond their financial means?
January and February this year have seen record breaking numbers of people asking for professional debt advice about their mortgages. Recent figures reveal that more and [...]

The Effects of Consumer Debt on UK Society

Friday, February 23rd, 2007

By: Martin Mcallister
The National Consumer Council reports that 6 million families in the UK are already struggling with debt. The UK level of debt recently crossed the £1 trillion threshold, of which approximately 80% is due to credit cards, loans and mortgages. In the past 6 years, the number of people seeking debt advice [...]