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www.loan98.com Has your home’s value increased? Leverage your equity with a home equity line of credit loan. Music: Kevin MacLeod
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Our best bankers upbeat despite credit crunch: equity market volatility, the fall-out from the United States sub-prime loan situation and interest rates … article from: Australian Banking & Finance

This digital document is an article from Australian Banking & Finance, published by Thomson Gale on August 30, 2007. The length of the article is 1206 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Our best bankers upbeat despite credit crunch: equity market volatility, the fall-out from the United States sub-prime loan situation and interest rates increases have all failed to dampen the optimism of Australia’s most senior bankers about the prospects of the local financial services sector.(NEWS)
Author: Peter-John Lewis
Publication: Australian Banking & Finance (Magazine/Journal)
Date: August 30, 2007
Publisher: Thomson Gale
Volume: 16 Issue: 13 Page: 1(2)

Distributed by Thomson Gale

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Question by july_mom: Can they raise my existing auto loan and credit card interest rates due to my foreclosure?
I am going through foreclosure on my condo. I know my credit is going to take a bit hit. I also currently have a credit card and a car loan but have never been late on any of those payments. Will my interest rates be raised on those because of the foreclosure?

Best answer:

Answer by RJ
They shouldn’t be able to under the new credit laws that went into effect last Monday.

Know better? Leave your own answer in the comments!

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