The economic data from February appears to be quite grim for the housing market, despite recent actions from the Fed. February saw an increase in defaults for bad mortgages and CCJ loans go up 38% and the end does not yet appear to be in site. For many banks that offered subprime mortgages and CCJ […]
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Banks Looking to Unload CCJ Loans
Posted on April 2nd, 2008 by justin
Although it has been easy for the past few years for many to get CCJ loans, that will soon change as banks begin dumping all of their bad loans. The problem is practically universal as numerous countries all over the world are dealing with their own credit crunch. The availability of CCJ loans and other […]
Lending Fears Tighten Up Loans
Posted on April 2nd, 2008 by justin
Those needing a CCJ loan may need to wait quite awhile before banks are willing to even speak to them, according to many analysts. The fears on bad credit loans are spiking and many banks are simply unwilling to take any extra risks. In addition to a lack of available CCJ loans, banks are also […]
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