Chicago, IL (PressExposure) March 06, 2009 -- A new informative website detailing about home loans and credit cards has been launched. Announcing this, the spokesperson of the company said that predatory home mortgage lenders are the ones who try to fleece innocent customers and take full advantage out of desperate situations. The new website will give extensive information on home equity loans and will also act as a guide. The most essential objective of the site would be to educate the customers who are not sure of the right loan. The site has been started by experienced professionals who have spent many years in the mortgage and credit card industries. They have a first hand knowledge of how to manage mortgages and other credits. Banks are in a better option than private mortgage lenders because they work within the regulatory frameworks of the country and their APRâs are also low as compared to private lenders.
The spokesperson added that customers should be taught to compare rates and figure out if the loan provided by one institution is drawing higher interest than the other financial institution. Stating a simple example she said when lenderâs say the customerâs bad credit history is not an impediment to the mortgage being sanctioned, it should be taken with a âpinch of saltâ. The site has already achieved a fair amount of success and the web statistics show an increase in the number of visitorâs month-on-month. The site also talks about the sub prime lenders and borrowers. Apart from other information on home loans and home equity loans, the site has information on 80 20 mortgages.
The team at talkinghomeloans.com is a fine balance of domain experts who have spent many years in the mortgage industry, technical staff and editors. The team is well equipped to generate quality and useful content which will be beneficial to all those seeking mortgage information. The site is an information sharing platform with an option for giving comments by the users. The comments given by users are taken up on high priority by the team of editors and all attempts are made to provide the best solution. The site is structured in a way which makes it easy for users to find relevant information quickly. The advanced keyword based search feature makes it possible to quickly find information.
The new posts are displayed in a separate section of the site. Similarly all the old posts are archived to ensure that information is not lost. The spokesperson said that the new marketing initiative which has been launched by the company will help to make the site popular with a global audience. The site has already climbed on the popularity charts and this is going to drive advertising revenues. At present the site draws its income from this channel. In a closing note she thanked all who have contributed to the success of the site till now. She said that users can expect much more in terms of information and features from talkinghomeloans.com in the near future. Investments are being made to ensure that people get the best information on Home Loans and Home Equity Loans at talkinghomeloans.com.
For more information visit http://www.talkinghomeloans.com/
Name: Dianne Logan Address: 75 S. Wacker Drive Chicago, IL 60606 United States Tel: +1 312 782 0611 Fax: +1 312 701 7712