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24
Feb

Bad Debt Set To Trigger Mass Defaults

Posted by Bernard Coker (0) Comment

Bad debt maturing in the next 4 years will increase the risk of corporate defaults in the U.S., according to Bank of America Merrill Lynch.

More than $600 billion of high-yield bonds and loans are due to be repaid between 2012 and 2014, New York-based analysts Oleg Melentyev and Mike Cho wrote in a note to clients. Almost 90 percent of loans outstanding mature in the next five years, compared with an average of 36 percent between 2005 and 2009, according to the report.
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Category : Loans News | Blog
11
Oct

How To Secure A Bad Credit Home Loan

Posted by Susan Mitchell (1) Comment

Bad credit home home loans (Click here to find leading home loan lenders in your area) becoming more and more prevelant, not surprisingly, with over 30million Americans having poor credit rating.

So what is a bad credit secured loan? Basically, they are loans designed for people who are considered credit risks by credit companies.
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Category : Loans News | Blog