Feb 13 2008
Do you consider your mortgage a bad debt, or a good debt? When the bank advances you money that is not yours to buy a property, one would consider the debt to be good debt. The property is after all an asset escalating in value, and in essence has not cost you any money. How…
Jan 04 2008
Seven American states started this new year by announcing Mortgage Broker-Licensing Laws, an Internet-based system introduced to supervise mortgage brokers.
Sep 17 2007
The National Credit Act came into effect on the 1st of June 2007 with all Credit Providers being required to comply with the Act in order to continue lending. Its main objectives are to: – alleviate the over-indebtedness of consumers; and – regulate the credit industry