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| Finding a credit union should be one of your first actions in seeking easy credit. Credit unions are very forgiving on those who have less than perfect credit. In addition, many stores will extend credit without any strignet regard for the credit standing of the applicant. These stores usually can be found in industries with small products or traditionally high mark-ups. |
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 | Fingerhut |
| Radio Shack |
| Jewelry stores |
| Furniture stores |
| Tire stores |
| Appliance stores |
| Gas companies |
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| Private mortgage insurance, known to many as P.M.I., is a necessary evil for borrowers who cannot afford the 20 percent down payment often required by lenders. But now, with losses mounting within the mortgage-insurance industry, some applicants are being turned away, while others will have to pay higher premiums. |
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| The Mortgage Guaranty Insurance Corporation of Milwaukee said that it would no longer insure cash-out refinance mortgages and mortgages for second homes or manufactured homes.
The company also placed restrictions on broker-originated mortgages, limiting insurance only to those loans where the borrowers make at least a 10 percent down payment and have a credit score of at least 720. |
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