Archive for April 2009

Shannon J asked: As a Realtor it is hard to even trust that a deal will close now-a-days with the lenders going out of business and leaving buyers stuck out at closing. This has been a terrible experience for me.
Here in Houston mortgage brokers and loan officers are hurting and some are even given [...]

xmelax34 asked: I was on here just browsing some of the questions & answers. What is up with the people answering the questions about people needing money real bad or they’d take a loan shark, etc… There are people answering that they are private lenders and they will finance anyone with like 3% or [...]

cYber_buRn asked: I heard that there’s a credit card with a miles reward, and every use of the credit card you’ll earn points and you can use the points to get a free plane ticket. What kind of credit card is that? I only have a BOA Credit Card, and planning to have another credit [...]

Hokijamoki asked: Since the taxpayers are bailing the lenders out, will we be able to charge the lenders late fees and penalties in proportion to the kind of fees they have been charging us over the past several years? How about a 39 million dollar late fee? That sounds fair.

Sara asked: I received a letter in the mail from Juniper (iTunes Rewards) stating that they have closed my credit card account due to inactivity. I opened the account about 18 months ago and have never actually used it. Can they close my account just like that without any warning? How should I handle the [...]

Tim asked: I have only have one revolving credit card, and I have a very high credit score. Because of this overall score they subsequently increase my credit line, even though I don’t ask for or use this revolving line of credit. Question? I have been told if you ask for a credit line decrease [...]

redheadedstepchild asked: Where can I find legitimate lenders willing to lend money to a person with adverse credit information on their files? I have been the victim of a greedy ex-wife that has damaged my credit.
I don’t want to be vicitmized again by some “shady” lender/locater service.

ajoytalent asked: I’m sure some people might say having no credit card is best..but to build up credit you have to start somewhere!
My friends credit is ike 580 or something, and I told her i would look into it.. Thanks!