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Resources

In this section we will offer some links that we think are useful for people applying for bad credit financing:

FTC Consumer Information – Protecting America’s Consumers: This site is a treasure chest of information that you need to know about before signing up for a loan. It is an official government site so it can be a bit long. We recommend that you look through all “facts” that are available on the site and pay particular attention to the “scam” alerts.

Wikipedia – Credit History: This is a comprehensive explanation of your credit score and how your actions influence them. Again it is a bit long but we believe that it would provide for very good reading to further your understanding on how your credit score is modified.

Here is a link to the 3 credit reporting agencies:

www.transunion.com
www.experian.com

www.equifax.com

AnnualCreditReport.com – This is the official site to help consumers obtain their free annual credit reports from the credit reporting agencies. We recommend using this portal instead of going straight to the credit reporting agencies directly.

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Consumer News

Loan Scams -
There are scams in the loans world than you may think. Some fraudulent lenders will simply get you to apply to phish your personal information
Read on:
here

Foreclosure Prevention -
Huge uphieval in the credit markets have made potential integrity issues with the US Economy. The government has implemented the "Federal Foreclosure Prevention Plan" as a counter measure
Read on:
here

Bank Loan Requirements Still High -
Are the high lending requirements of banks still relavent? Consumer associations report that high lending requirements are hindering housing recovery.

Adults in 20s still Credit Wreckless -
Young adults are still spending themselves into unnecessary debt.. Experts say it is more to do with ego than actual need. It is a feeling of power and success that has no actual grounding.


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