• RSS Approval.net – Credit Approval

    • Business Credit
      Understanding Business Credit and Maximizing Small Business Start Ups Small businesses in the US are the cornerstone of America. According to the US Census Bureau about three quarters of all US businesses do not even have a payroll system as most are self employed or operating unincorporated businesses. In fact, there are over 4.6 million […]
    • How Your Credit Score is Used in Hiring and Housing Decisions
      This site is all about helping consumers increase their chances for credit approval in all aspects. In the financial world, your reputation is clearly indicated by your credit score. It is calculated using your credit history and your debt, if any. If you have been paying all your bills on time, have not been indebted […]
    • Improving Credit Scores
      The credit score is the most important part of good creditworthiness and determining possible credit approval. A good score increases it while a bad one stains it. There is a lot that can be done to improve your credit score. Though different countries have adopted different procedures of calculating the credit scores there are some […]
    • FICO Credit Score Formula – Experian, TransUnion and Equifax
      The credit score of a person or a firm reflects their credit worthiness and it clearly reflects whether the person is financially stable or not. It is like a number which shows the probability of you paying your bills in the specified period. It is calculated by analyzing and interpreting the credit report that is […]
    • Wells Fargo Loses $203 Million in Court Case
      A federal judge ordered Wells Fargo to pay back $203 million that it gained through “unfair and deceptive business practices” according to U.S. District Judge William Alsup. They were found guilty of profiteering by processing transactions out of order for bill payments, debit card charges and processing checks. With $35 overdraft fees on each transaction, [ […]
    • Credit Card Companies Forced to Play Fair
      Credit card issuers are being forced to play by a fairer set of rules by the Credit Card Act passed by Congress. Additionally, the financial overhaul bill signed by Obama entitles consumers to more disclosures about the credit approval process, as well as restricting credit card rates and fees. Institutions are finally being forced to […]

  • RSS Approval.net – Loan Approval

    • Payday Loans – Pros and Cons
      Payday loans are a very common type of loan which is taken by those who have jobs which include a basic salary. If there is a surprise expense which comes up at the end of the month and you immediately need money then you can go in for a payday loan. It is an amount […]
    • Debt Consolidation
      If you find yourself in a situation in which you have to pay back numerous loans then your situation is truly difficult. The car loan for your vehicle, home loan for your residence, the personal loan for the new LCD screen you just installed, and the mounting credit card bills can be very hard to […]
    • How Debt to Income Ratios Affect Creditworthiness
      In simple words, your debt to income ratio is an indicator of the part of your income which you spend towards clearing your debts. Mathematically, it is the number obtained when you divide your total expense towards clearing your debt in a particular month divided by the gross income you earned in that very month. […]
    • Loan Approval Process
      There is a time in everybody’s life when situations get the better of them. You tried to prepare for this day by controlling your expenditures, tried saving as much money as you could but still, you fell short of the money you need. If you belong to a wealthy family then your parents or friends […]
    • How to Reduce Personal Debt
      Being indebted to someone is like handing over control to somebody else. Nobody wants that to happen. There are many ways to avoid such a situation from ever happening but if you are already caught up in such a situation you will have to take some drastic steps. These basic steps will help restore your […]
    • Is a Secured Loan Beneficial for Consolidating Debt?
      Do you have low monthly income that creates impediment to pay back the piling debts along with the accruing interest rate on it? And are you planning to take up debt consolidation programs to pay off your owed amount? If the answer is yes! Then you have selected the right option to get out of […]

  • RSS Approval.net – Mortgage Approval

    • New Mortgage Application Process and Rules
      A Mortgage can be classified as a loans, and in fact, is actually just a security against a loan that you take. It eliminates the need for having the credit score scrutinized by the lender before deciding whether to give the loan or not, although your credit history itself is actually more thouroughly analyzed.  If […]
    • How to Avoid Foreclosures and Short Sales
      There are many ways in which a lender can recover a loan if the borrower is unable to pay the loan back on time. In case the lender feels that the borrower is living in his house despite being financially unstable he can adopt certain legal measures like foreclosures or short sales to get back […]
    • Keep Your House, Lose Your Mortgage – Permanently
      There is a little known secret that most banks are loathe to discuss – there are people that have been living in their homes for years without paying on their mortgage and there is nothing that anyone can do about it. In the rush to make controversial mortgage backed securities, many banks failed to actually […]