August 17th, 2008
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If you are searching for an equity loan, you might want to read up on the latest news to stay ahead of the lender.
When a borrower takes out loans for equity and the borrower has a feel of mortgages, then lenders are less likely to try to take advantage of him because they will not be able to control the conversation and push the borrower into positions he otherwise wouldn’t choose to put himself in.
May 9th, 2008
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April 28th, 2008
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Beware if you encounter a lender who offers no credit check equity loans.. Anytime a borrower applies for a line of credit or loan, the lender is under law obligated to check the credit history of the borrower. Since large sums of money are involved in equity lending, it presents potential risk to both borrower and lender. The lender may lose if the borrower fails to meet payment obligations and borrower will lose his/her home if payments are missed.
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Loans: The Dangers of No Credit Check Equity Loans
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