New rules will soon be put into place to make sure that banks don’t advertise easy loans in a way that is misleading to consumers. In the past, the availability of easy loans led many in the subprime market to seek mortgages that they now cannot afford. These new rules will definitely make the easy […]
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Is an Easy Loan a Fixed Rate Loan
Posted on July 10th, 2008 by Bright Light
Those seeking an easy loan that will provide them with peace of mind are quickly turning to fixed rates as the answer. Although the rates for this type of easy loan are very high right now, consumers don’t want to risk having them jump up any higher. For many, locking in a rate is the […]
Easy Loan Availability Questioned
Posted on June 26th, 2008 by Bright Light
As more questions arise about easy loan lending practices, Countrywide has found themselves at the center of yet another scandal. The availability of easy loans over the past few years led many into loans they could not afford, and many are charging that some banks may be responsible for predatory lending practices. As a result […]
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