August 16, 2013

The Story of Insurance

Today we take insurance for granted. Some types of insurance such as motor insurance are mandatory, whilst others such as pet insurance are a matter for the individual to decide on. Insurance is a way of managing the risk of a loss, by distributing it or transferring it for the
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Can you qualify for mortgage even with bad credit?

The answer is dependent on how bad it is. Due to the high foreclosures and unstable market, lenders will not approve mortgage for a person with a FICO score below 600. This is the average in the industry.
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