The problem of trying to get a bad credit loan is getting much worse for many borrowers. Although it has never been incredibly easy to get a bad credit loan, the housing crisis shed a harsh light on the subprime market and right now, there are very few lenders that are willing to offer a […]
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Bad Credit Loan Profiling on the Increase
Posted on June 19th, 2008 by justin
As banks seek to reduce their risks and avoid bad credit loans, it appears as though many are instituting the practice of loan profiling. This will make it increasingly difficult for anyone to get a bad credit loan, and many are crying foul at this common banking practice. There is a fine line between acceptable […]
Bad Credit Loans Still Being Blamed
Posted on June 13th, 2008 by justin
Bad credit loans are still being blamed for the trouble in the housing market and banks are getting to the point where they are very hesitant to lend out any money, especially to first time buyers. The combination of a new buyer that needs is a bad credit loan is particularly bad at this time […]
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