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Loan Modification
: Mortgage Lender Implode-o-MeterSeller Financing For Suckers
By Implode-Explode Heavy Industries
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"In a slow housing market with tight credit, seller financing can be a popular way to finance a house. Some seller financing plans are worse than others, however. Yesterday, ABC15 News in Phoenix did a feature on seller financing which made it sound like it could be a good deal. When I checked out the website of the company they featured, Arizona Sellers Financing, I was pretty horrified at their terms. Check this out from their ?20% Down? program:"Full post as published by Mortgage Lender Implode-o-Meter on March 21, 2011 (boomark / email).
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Auto Financing
Credit Acceptance Corp. agrees to $52.1 million class action settlement after overcharging consumers for fees and interest on automobile installment contracts.
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