Not if they are doing this own their own (without you applying for loans, credit, etc from them)
There are a few websites where one can go to get information on mortgage lenders for bad credit. Realtor have an article on how to get a mortgage with bad credit. The Bad Credit Whiz website has a list of the top 10 bad credit mortgage companies.
Mortgage companies use your FICO score, Credit card companies use you Advantage Score which is a different scoring formula from FICO
Researching has not provided a list of lenders that offer mortgages for ones with bad credit. There are many companies that will deal with poor credit however. Some companies are Loanleaders of America and My FHA.
In the current credit environment (2010), the only lenders that make loans to people without checking their credit history are payday lenders, auto title lenders and pawn shops.
Well, today there are a lot of lenders who provide personal loans even for people with bad credit score. Besides, such loans can be available even on the Internet as there are a lot payday loan companies which perform no credit check loans and, therefore, low or bad credit score is not a hindrance for online lenders.
Information in a credit report comes from banks, mortgage lenders,credit unions, credit card companies, insurance companies, landlords, department stores and employers.
There are many companies that are known as money lenders but these companies vary from country to country. One money lender company that is in the US is EZ Money Lending Co. Banks and Credit Unions can also be considered money lenders.
There are a few websites where one can go to get information on mortgage lenders for bad credit. Realtor have an article on how to get a mortgage with bad credit. The Bad Credit Whiz website has a list of the top 10 bad credit mortgage companies.
Mortgage companies use your FICO score, Credit card companies use you Advantage Score which is a different scoring formula from FICO
Researching has not provided a list of lenders that offer mortgages for ones with bad credit. There are many companies that will deal with poor credit however. Some companies are Loanleaders of America and My FHA.
Your credit history may include records from banks, credit unions, mortgage lenders, car lenders and other commercial lenders. Credit card companies and student loans are also included. Monthly reports are generated from utility companies and department stores. Any creditor who has you on a monthly account will have a paper trail of your records. The paper trail will have name and account number, payment history, balance, and credit limit. It's a good idea for you to begin keeping your own credit record to be able to resolve any future credit conflicts that may occur.
In the current credit environment (2010), the only lenders that make loans to people without checking their credit history are payday lenders, auto title lenders and pawn shops.
Well, today there are a lot of lenders who provide personal loans even for people with bad credit score. Besides, such loans can be available even on the Internet as there are a lot payday loan companies which perform no credit check loans and, therefore, low or bad credit score is not a hindrance for online lenders.
In today's economy, there are so many different lenders available that in most cases it IS possible to purchase a used car with bad credit. There are several "high risk" lenders that stem from private lenders to financing companies that actually specialize in financing those with bad credit. They often compensate the risk by having you pay a higher interest rate.
Interest rates depend on your credit and who you are getting financing from. Different lenders/companies offer different rates.
There are many auto lenders int he county. They are from bad credit lenders to good credit lenders. You need to shop around and pick the company that best suits your needs.
There are several companies that will help one get a mortgage despite a poor credit score. These companies specialise is the so-called sup-prime arena and include broker sites like Zillow as well as lenders such as Countrywide Home Loans and Gmac.