Loans & Interest

How to Repair a Bad Credit Rating After Paying Credit Card Debt

If you’re debt free thanks to good financial planning (such as debt consolidation), you may now wonder how to repair your credit report. These tips for repairing a bad credit rating are based on a question from a reader who worked with a credit counseling service… Read More »How to Repair a Bad Credit Rating After Paying Credit Card Debt

Before You Sell Your House at a Loss – Conducting a Short Sale

If you’re a homeowner who has to sell your house at a loss (a short sale), you need to protect yourself with this information! These tips about short sales are from Ethan Ewing, president of Bills.com.

“Many home owners are putting off a sale until prices recover. But some owners must sell at a loss,” says Ewing. “Selling a home for less than the debt on the loan — called a ‘short sale’ — is not desirable, but sometimes it’s necessary for those who face major financial hardship.”

If you’re facing a short sale and want more info, click The Realtor and Home Owner’s Guide to Short Sales: Step by Step. And, read on for Ewing’s tips on selling your house at a loss…Read More »Before You Sell Your House at a Loss – Conducting a Short Sale