« Moola Booster Blitz | Home | Get into The Mixx »
Rebuild.org - a personal finance site
By Michael Lundberg | November 4, 2007
In general, I think loans (especially mortgages) are too easy to get these days. The current crisis on the mortgage industry even has the large players like Citigroup and Merrill Lynch feeling the credit crisis pinch. Last week, Stanley O’Neal announced that he is stepping down as CEO of Merrill Lynch only one week after he stunned the market with news that his firm had lost $8 billion dollars (yes, that’s in US dollars) in Q3, which he attributed largely to the subprime mortgage crisis. US regulators are now starting to talk about mortgage and lending reform to make the lending process more transparent to borrowers.
There is no way around it – the loan process can be a tricky endeavor. Unscrupulous lenders are always looking to commit borrows to loans that appear manageable at the beginning, but can later balloon into notes that are simply unmanageable for the average borrower.
If you are looking for a new loan, try Rebuild.org, a personal finance site. They offer information to educate borrowers on the entire loan process, from end to end. I’ve found their information on mortgage loans and the refinance process useful. Since the site is targeted at individuals, you can also find information on how to get a payday loan.
This is a sponsored post.
Topics: Sponsored Posts |