Tag Archives : benefits

What is Home Mortgage Interest Deductions?

What is Home Mortgage Interest Deductions?

The major benefits for home mortgage finance include the tax deduction allowed for interest cost of mortgage. The deductions are allowed subject to fulfillment of some conditions. The home equity is calculated by deducting mortgage amount from the fair market value (FMV) of home. Owners prefer use of equity for their other loans which carry higher interest costs due to admissible tax deductions.

Pre-paid Credit Cards And Secured Credit Cards

Pre-paid Credit Cards And Secured Credit Cards

Customers having bad credit score often seek to take out prepaid or secured credit cards. There are certain important facts about these two credit cards that customers should understand before applying for any of these cards.

Low Credit Score? Not a Worry Anymore

Low Credit Score? Not a Worry Anymore

Guaranteed Credit cards are offered to those with a very poor credit rating. The reason for this is that their credit score does not make them eligible to qualify for any type of loan. Therefore such a card would help them to make their daily transactions with ease. The credit card company would either ask for collateral or charge a higher interest rate to make themselves safe.

DSS Crisis Loan Alternative for Low Income

DSS Crisis Loan Alternative for Low Income

The criteria set for the applications of a DSS loan tend to be very high. Therefore, if you have been rejected then do not feel let down as there are various other options which you could consider. Often the government tends to help out the needy and the poor. However, if you do not qualify for that also then there are several other methods such as doorstep loans, credit union loans and payday quick cash advances.

Loan with No Credit Checks

Loan with No Credit Checks

“I have bad credit but need a loan” is on every borrower’s mouth now a day. Many organizations, lenders still offer loans with a poor credit on certain conditions. They include: doorstep lenders, pawnshops, family loans, payday stores, weekly payment stores, and so on.

Advantage And Disadvantage Of Debt Consolidation Mortgage Loans

Advantage And Disadvantage Of Debt Consolidation Mortgage Loans

Mortgage loan refinance and debt consolidation are two effective options for those who are not able to pay off outstanding debts and unpaid bills. Borrowers can easily pay off their huge debts and reshape their finances.

No Employment Check Cash Advance Loans

No Employment Check Cash Advance Loans

No Employment Check Cash Advance Loans are provided to those who are either unemployed or are living on benefits provided by the government. This type of loan does not take into consideration your credit score. However, the lender might require collateral as a means of safety against the loan they are providing to you which could be paid back over a period of 52 weeks.

Top 5 Most Exclusive Credit Cards

Top 5 Most Exclusive Credit Cards

There are almost six credit cards which are considered the most exclusive credit cards in the world. These are: American Express Centurion, Coutts’ Purple World MasterCard Signia Card, Bank of America’s Accolades Card, Citibank Ultima, Status Rewards Visa and The Dubai First Royal MasterCard.

What to Look for in Prepaid Credit Cards?

What to Look for in Prepaid Credit Cards?

A prepaid credit card is similar to that of a debit card, as the owner of card load funds to the card. There are certain advantages and disadvantages of prepaid credit card. One must also thoroughly go through the terms and conditions prior to signing up for a prepaid credit card.

Benefits of Credit Card Debt Consolidation Loans

Benefits of Credit Card Debt Consolidation Loans

By and large customers have numerous debts to pay. The high interest rate makes the repayment more difficult for them. In this regard debt consolidation loan especially for the repayment of several credit card loans with one loan is a good choice. However, if someone has bad credit, then he/she has to pay high rate of interest which ultimately offset his/her benefit to a larger extent. In that case, one therefore, should look for some other option.

© 2011 Loan Mortgage Credit!. All rights reserved.