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Credit card debt hits new record, raising warning sign! » Mortgage Masters Group

 · Credit freezes can create delays and problems when credit is needed quickly in the case of applying for a loan, credit card, or even a job hunt, says Tayne. "During a freeze period, most companies will not extend credit until they check one’s credit file with one or three major credit bureaus, and that takes time" she explains.

The report, released Tuesday, revealed the national 90-day non-mortgage delinquency rate rose 3.5 per cent to 1.12 per cent in the first quarter of this year, with seniors leading the way as the delinquency rate for that demographic rose 9.4 per cent year-over-year.

In Canada, credit scores range from 300 (just getting started) up to 900 points, which is the best score. According to TransUnion, 650 is the magic middle number – a score above 650 will likely qualify you for a standard loan while a score under 650 will likely bring difficulty in receiving new credit.

 · Some just can’t seem to find a way out. She was left with $450,000 in mortgage debt, $17,000 in credit card debt in her name, and $40,000 to $50,000 in debt from her husband’s credit cards. She had no idea her husband was in that deep of a hole, or that he was even contemplating suicide.

More than 6,300 people a day are borrowing to buy a car, sparking fears of a new credit bubble as. Alistair Hargreaves, of mortgage broker John Charcol, said: Having lots of debt – whether that’s.

Weston, Florida Named South Florida “Ultimate Hometown” Publishes 12 local magazines, including las olas, Weston, Estate, Parkland, Coral Springs, Boca, Pinecrest, Coral Gables, Estero. In addition it publishes Parkland/Coral Spring Life and Coconut Creek.

There are mortgage programs available for first-time home buyers and.. Highland Homes builds new homes in Tampa Bay, Metro Orlando, Sales of existing homes recorded in March in metropolitan orlando surged more than 90 percent from a month earlier to boost first-quarter sales activity.

U.S. household debt reached a new record of $12.8 trillion in the second quarter, driven by rising mortgage debt, a strong quarter for auto loan originations, and an uptick in credit-card balances.

The Top Reasons to Own Your Home [INFOGRAPHIC]  · Whether you’re a bootstrapper or an investor with a bit of extra money to start a new enterprise, ecommerce is a great field to get into, especially today. Even as a beginner in ecommerce.

Credit card debt reached an all-time high of $786 billion at the end of 2017 as the average American’s credit card debt grew 3% last year, resulting in an average credit card balance of $6,354. Learn more about what this really means.