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 by David Faber Amazon Price: $9.99 Customer Review: This is America's eleventh hour. Our democracy is in shambles economically, morally and politically. I suggest we take a break from "best selling" trashy books and pore over David Faber's...  by Gillian Tett Amazon Price: $17.16 Customer Review: The complex story is well told and most revealing, but the varieties of derivatives are not illustrated and explained adequately. The assumption is that the reader is already familiar with derivative...  by Martin D. Weiss Amazon Price: $17.08 Customer Review: This book definitely provides a thorough review of exactly how our economy got into this mess from liar loans, predatory lenders, Fannie/Freddie, too much government and consumer debt, complicit polit...  by Joshua Rosenbaum, Joshua Pearl Amazon Price: $45.36 Customer Review: If you want to learn how academics think valuation should be done, read Damodaran's "Investment Valuation". If you want to know how valuation is carried out in practice in the M&A market, read this ex...  by Whitney Tilson, Glenn Tongue Amazon Price: $15.37 Customer Review: Excellent book! Whitney Tilson is one of the few professional investors that I have heard on TV that I respect and who makes sense to me when he talks. The book is very timely and gives and excellen... |
Bad Credit Secure Loans ArticleBad Credit Secure LoansA poor credit history can make it very difficult to obtain a loan from a lender. In most cases, the only way to receive a loan is to either improve your credit score or to get an unsecured loan with a very high interest rate. For many these are not very enticing solutions. It can take years to improve your credit and with poor credit you can expect to get an interest rate from anywhere between 8% and 20%. However, there is another option out there for people who want a loan and also want to improve their credit. There is a type of loan called a bad credit secure loan. Bad credit secure loans allow the lender to feel secure in giving a person with a spotty credit report because of collateral put up by the recipient of the loan. Basically, the person acquiring the bad credit secure loan puts up an asset of some value to cover the amount of the loan. If than for some reason the customer defaults on the loan, the bank will take the collateral item to recoup the money lost in the loan. Many times, the item used for collateral is a home or vehicle; this may depend on the size of the loan. Keep in mind that the lender will take the item you put up if you do not pay your loan off, so repayment of the loan is vital. A bad credit secure loan can be used for anything you want. You can take a vacation, purchase a vehicle, pay off past debt, anything. Many people use this type of loan to begin to rebuild their credit and show lenders that they can be responsible and are ready to make changes to their credit. These loans can be found online, but are often difficult to locate. Once you find a lender willing to work with you the processes is quick and easy. In many cases you can apply online and know within minutes if a bad credit secure loan is something you can look forward to. If you do chose to go forward and find a bad credit secure loan, remember how you got into this situation in the first place. Make sure to make all of your payments and to make them on time. This is your chance to change your credit future, take full advantage of this opportunity. Most people do not get many second chances; prove to the lender that you are ready to be responsible and trustworthy. Having a great credit score opens many doors that may otherwise be closed, open those doors.
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Cassidy: Kerfuffle at Kiva - Santa Cruz Sentinel3 Jul 2009 at 2:03pm There is a kerfuffle at Kiva. Everybody's favorite warm-and-fuzzy microlending Web site is suffering through some growing pains. But there is something wonderful about the controversy, something that is another reminder that social networking ... |
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