Joe Roosevans – Conventional Loans and Lawsuit Advances: Understanding the Differences

Loan

Conventional loans are in the news frequently. In fact, it often seems that as a nation we are in love with the idea of borrowing money. In 2006, household debt as a percentage of income was at a historic high of 130% and has been climbing ever since. Many households have more than one credit card as well as debt in the triple figures; so many households are very familiar with how traditional loans work. With a traditional loan, a lender evaluates your credit worthiness by checking your credit score…