Find Out How To Fix Your Credit And Get Your Loan Approved

By Fanise Jones

What some companies don't want consumers to know about fixing credit.

The importance of having credit cannot be overstated as it is necessary to do many of the big things in life.

Here are some steps you can use to start fixing your credit and get your loan approved.

- Get in touch with each credit bureau, they are Equifax, Experian and Transunion.

- Request your credit report and look at it item by item to be sure there is nothing you are unaware of.

- At the end of the credit report there will be the address of each credit bureau.

A written dispute will need to be sent to the bureau for anything in the report you are unaware of.

I found it best to dispute in writing, because that's a proof, it's best when you have a receipt, on the phone sometime the representative does not take your serious.

Identity theft grows more each year. If this is suspected then a report can be filed with the local police department. The creditor must be notified as well.

If there are items that cannot be disputed, contact the creditor directly and renegotiate the terms of repayment. It may be up to three weeks to hear anything back from the bureaus and they may request additional proof.

If a creditor does not want to work out a solutions plans you, one thing you might want want to do is to tell them you are filing bankruptcy, a lot of them them will work out some plan with you then, because if you filed bankruptcy they will not get anything, but if they work out something with you they can get a little of the money save. Your credit is your life, let's fix it.

Bad Credit Home Loan

About the Author:

Want to find out more about Bad Credit Home Loan, then visit Angie's site.

Read Full Article, Click Here Now ....

What Happens if a Student Education Loan Cosigner Dies?

By John Johnson

College tuition cash may be difficult to come across. For numerous, scholarships seem unrealistic when the grades or sports skills are not there. Grant money may also be reserved for the poorest of the poor. This leaves numerous students in the middle, and these students usually take out education loans. Lots of these students require a cosigner on their student education loans. Many individuals wonder what happens if a education loan cosigner dies. This could depend on a couple of factors like what kind of loan the student has and what status the loan is in.

Federal loans and private loans are the two types of loans available to university students. The Stafford Loan plan is low-interest education loans that do not need a credit assessment. These loans require a cosigner only when the student is considered a dependent student under the age of 24. The student is the one ultimately responsible for repaying these loans and the cosigner is by no means held liable.

If the education loan cosigner dies with a federal Stafford Loan, the student is still responsible to pay. If the student becomes deceased, the loan is forgiven and also the estate is not held liable. In some cases, the loan may be forgiven if the education loan cosigner becomes deceased. Check with your individual lender to find out if this is the situation in your case.

Private loans have a stricter application procedure and are tougher to come by. These are typically provided by large banks and lending institutions as a way to bridge the gap in between university fees and the amounts awarded by federal loans and grants. Sometimes tuition is so high that private loans are needed, but students are young and have not had time to construct credit. In these instances, students have to get a cosigner. What happens to these loans if the education loan cosigner dies? These loans are treated much like any other private loan through a bank like a car or house loan. So long as the payments are not in default, absolutely nothing will happen to the estate of the deceased in the event the education loan cosigner dies. If the payments are in default, there's very little opportunity that the estate will probably be held liable. They are much more likely to pursue the living person on the loan and send them to creditors or pursue other litigation against them, because they had been an equal partner on the loan.

Cosigners may be an important part of student loan applications. What to do if a student loan cosigner dies is a typical question, however the process is treated just like any other loan, with the exception of federal loans.

About the Author:

Stevie E.M. Abdul has been in the field of poor student loans for a long time and maintains a website about bad credit student loans where you can get answers to the rest of your questions.

Read Full Article, Click Here Now ....