Loan.com: Mortgage Mentor Blog

Credit Unions May Offer Best Credit Cards Deals

Amber Nelson — Wed, 04 Nov 2009 22:05:52 +0000

According to a recent study released by the Pew Charitable Trust, you may be much better off applying for a credit card from your local credit union than with any of the nation’s top...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Is That All She Wrote for Private Student Loan Lenders?

Debbie Dragon — Mon, 02 Nov 2009 14:13:51 +0000

The Student Aid and Fiscal Responsibility Act, currently moving through Congress, would stop the FFELP (Federal Family Education Loan Program). The FFELP has allowed third-party (private) lenders to...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Credit Card Companies Continue to Raise Rates, Lawmakers Shocked

Amber Nelson — Wed, 28 Oct 2009 20:58:23 +0000

So, remember that new credit card law that will go into effect next February? The law is an attempt to curb credit card issuer so-called abuses and protect consumers from steep rate hikes. Well, not...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Plans to Acquire a Small Business Loan May Still Need to Wait

Debbie Dragon — Tue, 27 Oct 2009 00:22:18 +0000

If you were hoping that the news of the improving recession means it is getting easier to acquire a small business loan, you likely will have to wait a bit longer. News from Reuters today says that...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

New Association Aims to Combat Loan Modification Scams

Ben Meyer — Mon, 26 Oct 2009 21:00:38 +0000

NeighborWorks America, a non-profit created by Congress, has launched a national public education campaign aimed at helping homeowners, particularly those facing foreclosure, avoid mortgage...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Obama Promises More Help for Small Businesses

Amber Nelson — Wed, 21 Oct 2009 19:50:09 +0000

President Obama is not happy with the nation’s banks. They have been too stingy in lending money to small businesses in the past year, he says. The Federal Reserve backs up his statements,...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Ten Percent of Community College Students Do Not Have Access to Federal Student Loans

Debbie Dragon — Mon, 19 Oct 2009 19:32:04 +0000

According to the Project on Student Debt, there are about 900,000 students at community colleges in 31 states who do not have access to federal student loans because their colleges do not participate...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Recession Touches the Wealthy - Lamborghini Now Offers Financing

Amber Nelson — Thu, 15 Oct 2009 04:05:59 +0000

The recession (which is supposedly over) has made its way all the way to the top. Even luxury sports car company Lamborghini has started to offer payment plans for two of its “most...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Some May Avoid Foreclosure with Loan Modification

Debbie Dragon — Mon, 12 Oct 2009 16:30:44 +0000

Thousands of people have recently been facilitated with the process of home loan modification during this recession. Recipients are able to repay their loan amount as they’re able, which...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.

Consumers and Banks Continue to Reign in the Credit

Amber Nelson — Thu, 08 Oct 2009 03:06:27 +0000

For the seventh month in a row, outstanding consumer credit declined in August, according to a recent Federal Reserve report. Total credit debt dropped 5.8 percent to $2.463 trillion dollars ,...

Mortgage Mentor is Loan.com's multi-contributor blog bringing consumers mortgage news and mortgage trends.