Many homeowners, due to poor credit rating and past credit mishaps, are forced into high cost mortgages, commonly known as "subprime" loans.
These loans come with much higher than market interest rates, and make home ownership much more expensive. The Washington Post recently ran a great article on how this high cost mortgages have a much greater chance of ending in foreclosure.
Do you know how much your (poor) credit rating is costing you? Bad credit means swimming upstream financially for the rest of your life. Learn how www.SaveMeFromForeclosure.com can help you improve your credit score, starting today!
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1 comment:
Thanks for sharing with us those infos!
Poor credit rating greatly affects your financial status. You should start rebuilding it asap.
There are actually 3 ways to rebuild poor credit scores.By secured/Unsecured credit cards, loans and mortgages.
If you are looking for secured cards or loans to rebuild
credit, better check out this list of lenders that offers
poor credit financing
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I hope these resources be of help to u and your readers.
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