Topic: Consumer Credit and Debt

Great Wolf to offer $225M of mortgage notes

Great Wolf to offer $225 million of mortgage notesIndoor waterpark resort company Great Wolf Resorts Inc. said Friday it plans to offer $225 million of first mortgage notes due 2017. The company plans to use the proceeds to repay mortgage debt totaling $212 million. It will use the rest, if ...
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Summary Box: Credit score can drop after loan mod

Summary Box: Homeowners see credit scores sink after signing up for mortgage reliefAN UNWELCOME SURPRISE: Homeowners who enroll in the Obama administration's loan modification program can see their credit score dip by as much as 100 points. That makes it harder to get a loan and can hamper your ...
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Obama health bill would reshape student loans

US President Barack Obama's historic health care legislation, set to face a make-or-break vote on Sunday, would also reshape the way Americans pay for famously pricey college educations. Along with buying a home and setting aside cash for retirement, paying for higher education is one of the most daunting ...
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Credit scores can drop after getting loan help

Homeowners see credit scores sink after signing up for mortgage reliefSome homeowners who sign up for the government's mortgage assistance program are getting a nasty surprise: Lower credit scores. For borrowers who are making their payments on time but are on the verge of default, the Obama administration's ...
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