Experts are warning consumers that missing a payment on a flexible loan may have a bad effect on their credit rating. Banks and mortgage lenders report on missed flexible loan payments and even one bad record can result in a lowered score, which may make it difficult to get other credit, loans or a refinance. […]
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Consumers Warned About Missing Payments on Flexible Loans
Posted on August 29th, 2008 by Bright Light
Popularity of Flexible Loans Declining
Posted on August 22nd, 2008 by Bright Light
The overall popularity of flexible loans is declining, thanks in a large part to the current state of the housing market. Other concerns on the stamp duty changes are also sparking a lack of interest in flexible loans and many consumers perceive them as being unsafe at this time. While rates are this high, many […]
Many With Flexible Loans Now Left High and Dry
Posted on August 15th, 2008 by Bright Light
Consumers that took out a variable loan with a certain bank are now finding that they have few options when it comes to getting a better deal now that rates are high. Although flexible loans can be popular right now, those that went with the wrong lender for their flexible loan are feeling the pinch.
Melanie […]
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