Topic: Consumer Credit and Debt

Data show surge in consumer cases in fiscal 2009

New court data show surge in cases related to consumer issues in fiscal 2009The number of new cases in federal courts related to consumer issues surged in the year ended last Sept. 30 as Americans battered by the recession fought foreclosures and downgraded debt ratings, data released Tuesday show. The ...
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What to Expect When Availing of Mortgage For Self-Employed

Today, there are many kinds of loans available - each of them appealing to the different segments of the borrowing market. You have home equity line of credit, bad credit mortgage, mortgage for self-employed and refinancing - Toronto or elsewhere. All these are specialized in order to cater to the special circumstances ...
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The Risks Associated With a Home Equity Line of Credit

Definition of TermsTo fully understand what a home equity line of credit or a HELOC is, you need to chunk this into two terms: home equity and line of credit.* Home equity - is the market value of your home less the total amount of debts that are associated with or ...
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When to Start Shopping For Bad Credit Mortgage Loans

In today's credit market, perhaps the most important thing to have is a good, blemish-free credit history. With such a reputation, you can practically get all the loans you want, with enough freedom to negotiate on your terms , such as the mortgage rate - Toronto or elsewhere.But the truth ...
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