How does bankruptcy affect interest loan rates?

Answer Filing a petition for bankruptcy protection is not good for your credit file nor is it good when you apply for a loan. The loan products that you qualify for will have higher interest rates.Signifi... Read More »

Top Q&A For: How does bankruptcy affect interest loan rates

Does a Non-Borrowing Spouse's Bankruptcy Affect a VA Home Loan in Texas?

A nonborrowing spouse on a home loan is added to the property deed, but isn't financially responsible for repayment of the loan. However, in a Department of Veterans Affairs mortgage with a nonborr... Read More »

The Best Interest Rates for a Loan?

Credit is what you are given, and debt is what you will carry. The latter is always heavier than the former. The weight of that burden is determined significantly by the interest rate attached to a... Read More »

What Are Student Loan Interest Rates?

Direct Stafford Loans are federal loans distributed from the William D. Ford Federal Direct Loan Program. They have low interest rates to allow students to afford a two- or four-year college degree... Read More »

How Do Interest Rates Affect Stock Prices?

Interest rates are a tool used by the Federal Reserve Board to achieve stable economic growth. When the Fed changes interest rates, it affects the economy’s performance, including the performance... Read More »