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« The Sub-prime Mortgage Market and a Past Bankruptcy
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Equifax Red Flags Adjustable Mortgage Holders
November 29th, 2007 Credit, Mortgage Blog, Uncategorized, credit crunch

Credit reporting agency Equifax recently unveiled a new rating system that identifies credit seekers who may have an adjustable rate mortgage. The ARM Predictor is meant to minimize risks for lenders, but some consumer advocates worry that the system will hurt borrowers and lead to higher rates on loans and credit cards. Read more…  

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