It's easier to buy a home in this South Texas city. Here are seven median-priced home for sale there. Sara Ventiera, provided by Published 5:00 am CDT, Monday, September 10, 2018 Corpus Christi is among the top 10 U.S. cities where you can get a mortgage with poor credit. Click ahead to view 7 median-priced homes for sale in the South Texas city. Corpus Christi is among the top 10 U.S. cities where you can get a mortgage with poor credit. Click ahead to view 7 median-priced homes for sale in the South Texas city. Photo: Tony Frenzel Click ahead to view 7 median-priced homes for sale in Corpus Christi, Texas. 8209 Rock Crest Drive, Corpus Christi: $223,000 4 beds / 2.5 bathrooms Click ahead to view 7 median-priced homes for sale in Corpus Christi, Texas. 8209 Rock Crest Drive, Corpus Christi: $223,000 4 beds / 2.5 bathrooms … [Read more...] about Corpus Christi among top 10 U.S. cities where bad credit won’t stop you from buying a home
Need 10 000 loan with bad credit
Bad Credit: How S&P, Moody’s and Fitch Helped Cause the Housing Bubble
Last Updated Apr 23, 2010 4:29 PM EDT "I spoke to Osmin earlier and confinned (sic) that Jason is looking into some adjustments to his methodology that should be a benefit to you folks [Chase]." "Heard you guys are revising your residential mbs rating methodology - getting very punitive... heard your ratings could be 5 notches back of mo[o]dys equivalent. gonoa (sic) kill your resi biz. may force us to do moodyfitch only cdos!" The first statement is from a February 2007 email from an employee of Moody's (MCO), one of the three major credit ratings agencies, to a banker at JPMorgan Chase (JPM). The "methodology" in question refers to the way Moody's rated mortgage-backed securities deals the banking giant was involved in. The second statement is from a May 2006 message from a UBS (UBS) banker to someone at McGraw-Hill (MHP) unit Standard & Poor's, another major ratings agency. Together, they're evidence of a con David Mamet would admire (there are hundreds more such exchanges for … [Read more...] about Bad Credit: How S&P, Moody’s and Fitch Helped Cause the Housing Bubble
Bad credit can double auto insurance premiums
(MoneyWatch) If you think your zip code can sabotage your auto insurance rates, you should see what happens if you let your credit slip. Drivers with poor credit pay twice as much -- 91 percent more on average -- than those with excellent credit scores, according to InsuranceQuotes.com. Those with average credit pay 24 percent more. Of course, credit is just one of dozens of factors that determine your auto insurance rates. Where you live, the car you drive, your driving record, age and gender all affect your rates too. But when you hold those other factors constant, a bad credit score delivers a wallop in most states, according to research commissioned by InsuranceQuotes.com. (Three states -- Hawaii, California and Massachusetts -- bar insurers from considering credit scores in setting auto insurance premiums.) InsuranceQuotes.com commissioned Quadrant Information Systems to examine the effect of credit scores on average rates using data from six large carriers in all 50 states. Since … [Read more...] about Bad credit can double auto insurance premiums
1,000% loans? Millions of borrowers face crushing costs
Last Christmas Eve, Virginia resident Patricia Mitchell borrowed $800 to help get through the holidays. Within three months, she owed her lender, Allied Cash Advance, $1,800. On the other side of the country, Marvin Ginn, executive director of Native Community Finance, a small lender in Laguna, New Mexico, reports that some customers come to him seeking help refinancing loans from nearby payday lenders that carry annual percentage rates of more than 1,000 percent. "You get a person with low income into a loan with that kind of interest and it's like, 'Holy mackerel!' How do they ever get out of it?" he said. Welcome to the world of payday loans. If the 2008 financial crisis that upended the U.S. banking system led to some reforms for consumers, this remote corner of the financial industry remains rife with problems. Regulation in many states is loose and enforcement weak. That environment has left millions of Americans trapped in a financially crippling cycle of debt that many struggle … [Read more...] about 1,000% loans? Millions of borrowers face crushing costs
How to pay off debt with a 401(k) loan: Very carefully
By Jeanne Lee/NerdWallet Most people consolidate debt with a personal loan or a balance-transfer credit card. Others tap the equity in their homes. These options all come with risk. By comparison, taking a 401(k) loan might look benign -- but it could be the riskiest choice of all. Most 401(k) plans allow users to borrow against their retirement savings. "About 1 in 5 of our plan participants do have a loan outstanding," said Meghan Murphy, a spokesperson for Fidelity Investments. Interest rates on 401(k) loans are low -- typically one percentage point above the prime rate -- and interest payments go back into your account. But if you lose your job, you face accelerated repayment or taxes and penalties. Ten percent of 401(k) borrowers default, according to the National Bureau of Economic Research. Of those who leave their jobs with a loan outstanding, 86% default. Even a fully repaid loan dents your retirement plans. The money you borrow won't earn investment … [Read more...] about How to pay off debt with a 401(k) loan: Very carefully