Posts with tag bad credit

10 States Where You Can't Get a Mortgage

The big problem still plaguing the improving housing market is tight lending. Requirements for scoring a mortgage are much stricter than they used to be, requiring higher credit scores for approval. So for residents of some states, you can basically kiss your chances of being offered a mortgage goodbye. 24/7 Wall St. used... Continue Reading »

How Bad Credit Can Stop You From Buying a Home

By Christopher Maag Melissa was about to try and live the American Dream. Eager to buy a house, she applied for a pre-approved bank loan only to discover that an old unpaid bill that she resolved two years ago is still lingering on her credit report. That's dragging down her score. And she's getting desperate. "I can't... Continue Reading »

Renting With Bad Credit

Demand for rental units dropped over the past couple of years in the depressed economy. Some renters moved in with family, leased a spare room, or went back to living with roommates. Meanwhile, the housing supply surged as the condo market was overdeveloped -- and many properties sit on the market unsold. This leaves an... Continue Reading »

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