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Can You Get a VA Loan With Bad Credit?

Credit Corp

While there is no minimum requirement, most lenders prefer a credit score of 620 or above. A VA home loan is a mortgage backed by the Department of Veterans Affairs (VA) for service members, veterans, and their families. The purpose of VA loans is to help veterans purchase homes with lower interest rates and better terms.

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How Late Can You Be on a Car Payment, Mortgage or Other Bill?

Credit Corp

More than 10% of subprime auto loan customers were behind on payments by 60 days or more in early 2021. We’ll break down when a car payment is late, as well as other common loans, so you’ll be prepared to pay your loans on time. How Late Can You Be on a Mortgage Loan Payment? How Late Can You Be on Credit Card Payments?

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How To Remove Negative Items From Your Credit Report

Better Credit Blog

It’s smart to know how to remove negative items from your credit report, especially if you are soon to be applying for a mortgage or car loan. In fact, you can remove something from your credit history before seven years pass. Here’s How To Remove Negative Items From Your Credit Report. Foreclosures.

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How to Check Your Credit Score Without Hurting It

Credit Corp

Fortunately, there are several ways to check your credit score without hurting it, and in this article, we’ll explore some of the most effective ways to do it. Whether you’re applying for a loan or simply want to stay on top of your credit score, these tips will help you access your credit information without causing any harm.

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Do Existing Debts Impact Your Credit Score When You Move Abroad?

Credit Corp

Stringent data protection laws are another reason why credit organizations don’t share your credit report with credit bureaus outside the country. This gap in communication between two credit bureaus from different nations creates a barrier to transfer your credit score abroad.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On May 1, the CFPB proposed a rule to implement a congressional mandate to establish consumer protections for residential property assessed clean energy (PACE) loans. PACE loans, secured by a property tax lien on the borrower’s home, are often promoted as a way to finance clean energy improvements, such as solar panels.

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Paying Bills Later: Considering Financial Consequences of Delayed Payments Due to COVID-19

Titan Consulting

Suspending rent payments die to COVID-19 may put you at risk for foreclosure if you can’t make up your deferred payments all at once. Through the CARES Act, federally guaranteed mortgages , which cover two-thirds of home loans in the US, permit borrowers to delay payments, through a forbearance, for up to 12 months.