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Apparently even people with good credit are falling behind on their mortgage payments at higher rates, just as the subprime mortgage problems are leveling off.
The chairman and chief executive of JPMorgan Chase described the outlook for prime loans at his bank as “terrible.”
Can the economy recover any time soon if the housing credit market is in such bad shape?
Bad Credit Loan Sources Bad Credit? No Credit? No Problem! Guaranteed Approval Loans Are Available Up To $25,000
Bad Credit Loan Sources Bad Credit? No Credit? No Problem! Guaranteed Approval Loans Are Available Up To $25,000
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Santander’s UK profits rising but Spanish parent hit by bad-debt rule
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High street banking giant Santander reported UK profits up by one fifth in the third quarter, but its Spanish parent warned over full-year results after a bad debt blow. Local agency helps small businesses with loans – Fri, 29 Oct 2010 PST
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Kay Kallenbach can’t say enough good things about SNAP Financial Access. The nonprofit community development financial institution gave Kallenbach more than a business loan when nobody else would; it gave her life purpose after her daughter died a few years ago. 10 bone-chilling financial horror stories
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Feel the chill in the air? Once again, it’s time for Bankrate’s annual house of financial horrors.
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