Author Archive

New Formula For Mortgage Loans

Friday, June 26th, 2009

Have you heard about FICO scores ? that is the score to make the lenders make decision, however this formula was not implemented for sometime because those who made this FICO scores, Fair Isaac and the 3 credit reporting agent were disagreed with the new formula that was issued in 2009. However there is another company called TransUnion tried to use this formula in the beginning of the year 2009 and the other one called Equifax follow after. Some of other companies such as Experian also follow in the next few months afterwards.

However many people were still asking the question on how effective this formula is and how useful it is for you ?

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Better Job Better Life

Friday, June 26th, 2009

Many people believe that once you get a better job you can make everything better or at least they will be able to get better salary however unfortunately not many people as lucky as that. Sometimes they forget that what they need to have is not only certificate but also appearance, confidence and the good impression that they can give during the interview.

How to send an impressive application ? First of all the cover of your application should have a short explanation about yourself and what you have achieved. So that before they go through all your cv they could already have a good picture about you. Not seldom happened that once the Human Resources see the complicated CV, they just throw it away and without reading the content since there are too many applications that are coming. Therefore your CV should be efficient, short but very informative. Second thing you need to remember is you need to put an impressive picture. Smile and looks bright !

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Try Your Luck With Mortgage Loans

Friday, June 26th, 2009

Mathematic, accounting and other subject related with number and calculation was not really my favorite one. I was lucky if I could just get C for those subjects when I was still in school. Unfortunately after I have grown, I still can not avoid those numbers thing from daily life, starting from I wake up in the morning, I already have to start to calculate my expenses today. When first time I got a job and first time I receive my salary, that number was following me from day to day. Even though I am working as secretary and not necessarily related with accounting but still, I need to Calculate my boss’ expenses, calculate my boss exchange rate, calculating my daily expenses, my monthly need, my family needs, my saving, my installment, my debt and now.. my mortgage loans! Oh my God, I feel like to give up with these annoying numbers.

Some people may use calculator or Excel or special formula to work with this repayment.. Comparing the costs from some mortgages and to re-consider my affordability is the one that needs to do for calculating this mortgage loans. This calculation is also useful for calculating the personal loans, second mortgages, re-mortgages, and commercial mortgages.

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Loan Alternatives for people with Bad Credit Score

Tuesday, June 23rd, 2009

Bad credit. This could mean hell for those who are looking for a loan. However, even though you are having a bad credit score, it is not necessarily impossible  to get a loan. So in this post we will discuss about the alternative places where you can get a loan even if you are having a bad credit score.

First of all you need to find a right place for doing this loan application. Mainstream lenders are not an option, except for homeowners seeking a secured loan. Here’s one important thing: before you are going to far into this, you must be aware with the rate of interest since it would give you a bigger risk later on.

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Don’t Hurt Your Pocket: Save your money, even a penny

Tuesday, June 23rd, 2009

Whether you consider yourself as a shopaholic or not, shopping is always one nice activity to do for every one especially for woman. Either they are teenager or housewives but shopping is always something heaven for them. They do need the product or not, is not really a matter. They could really afford it or not, that also another problem but one thing they want to know is that how to get that product to be theirs.

Sometimes when we shop we tried to be wise and tried to be as selective as we can. We would think that we are smart enough when we do that until we re-count it again what we have bought and brought to home then we will be forced to admit that we are not really that smart actually. You may be asking yourself should you buy this brand or that brand.

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Applying for a Loan is not as Difficult as Applying for a Job

Tuesday, June 23rd, 2009

Most of the loan application would take about a year for issuing the personal credit report. When there are many loan applications made they even take longer. It is actually important for people who lend money to check their credit report, so that they know about the historical of they repayment in this could even give them a bigger chance to apply for another loan with great possibility to be approved.

When you want to make application for loan, this is what you need to know and you need to do : Before making the loan application you need to have a copy of their credit report before getting their credit rating check or you can have this reference also from credit agencies. Check all the data carefully even though that will take several weeks to make it. The registration can also be done electronically. Secured or unsecured loan application that is already registered would be checked. This is to ensure that the person who submits the application really lives on that address that he or she wrote in the registration. Do not forget to double check the price at the site and make comparison of it. there are some of the site that provide such comparison facilities such as moneysupermarket.com or other similar site that you can browse from Google. This is important so that you will have competitive price and the best deal. Remember always that you need to apply the loan that has a good offer only and do not apply for multiple loans at once since you will have big chance for being rejected later on.

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