Friday, August 31, 2012

[Shifty Look] Coin-Op Community College

Dig Dug

Dig Dug was released into arcades across the globe in 1982 and instantly became a worldwide hit. Ports include nearly every platform imaginable, and downloadable versions are available on all the current generation home consoles. The game pits Dig Dug against underground monsters known as Pooka and Fygar as he attempts to eliminate them through pump inflation or rock-crushing. In celebration of its 30th anniversary, ShiftyLook lined-up a mix of talent that included some of the very best in webcomics. Concluded at 34 episodes, Dig Dug will return with new comics this holiday season starting with Canadian Thanksgiving.

Source: http://www.shiftylook.com/comics/digdug/coin-op-community-college

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30 Inspiring Front Door Designs Hinting ... - home improvement

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30 Inspiring Front Door Designs Hinting Towards a Happy Home

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Below is an article titled 30 inspiring front door designs hinting towards a happy home that we collected from various sources. All credit goes to its original author. just enjoy this....thanks

30 inspiring front door designs hinting towards a happy home

The front door can be considered a great opportunity for personal expression, not to mention the ultimate way to grab the attention of everyone in the neighborhood (if this is what you are after). The main entrance to any home can reveal much about the house and its inhabitants, so why not make the best of it? In today?s post, we gathered 30 inspiring front door designs helping you improvise and reinvent your main entrance. There are plenty of key elements that can make your project successful. The pathway or stairway leading to the front door can be added a fresh touch by using flower pots and other creative green arrangements.

30 inspiring front door designs hinting towards a happy home

The door mat, bell, door knob and door knock can all enhance the look of the main entrance, so try to take advantage of their presence the best way you can. Make a powerful statement by painting your door in a vivid, yet visually pleasing color, well integrated in the overall exterior design of the house. Then add a large street number or some other fun decorations to match the color. Consider outdoor pendant lamps or various lighting solutions to flank the main pathway or stairway leading towards the main door. Have fun going through the photos and let us know if you find them helpful.

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

30 inspiring front door designs hinting towards a happy home

Via: 30 Inspiring Front Door Designs Hinting Towards a Happy Home

30 inspiring front door designs hinting towards a happy home

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Source: http://pltalaska.org/30-inspiring-front-door-designs-hinting-towards-a-happy-home-6/

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Hip hop manager Chris Lighty found dead: reports

(Reuters) - Hip hop manager Chris Lighty, who in the past handled careers of performers such as Mariah Carey and Sean 'P. Diddy' Combs, died on Thursday of an apparent self-inflicted gunshot to the head, media outlets reported.

Music publication Billboard said it had confirmed the death through an unnamed source at Lighty's Violator Records & Management, which he founded and where he was chief executive.

The New York Daily News reported that Lighty, 44, was found dead in his apartment in New York City's Bronx borough from a self-inflicted gunshot wound to the head.

Representatives for Lighty could not immediately be reached for comment.

Hip hop mogul Russell Simmons, for whom Lighty worked early in his career at Simmons' Rush Management, released a statement on GlobalGrind.com calling the manager "a hip-hop hero and one of its greatest architects."

"(Lighty) is an amazing example of how a passionate kid from the street can go to the most even-keeled, smart, thoughtful manager in the business and a generous philanthropist. He was loved by everyone who knew him, including me," Simmons wrote.

Lighty gained prominence through handling artists such as Mariah Carey, Busta Rhymes, Missy Elliot and Sean 'P. Diddy' Combs through his Violator company.

After Violator merged with Larry Mestel's Primary Wave Talent Management firm in September 2011, the company signed on to work with artists such as 50 Cent and Cee Lo Green on their branding and endorsements.

Billboard included Lighty on its Urban Power List earlier this year along with Mestel and Michael "Blue Williams" as part of the executive team of Primary Violator Management.

(Reporting By Piya Sinha-Roy in Los Angeles; Editing by Bob Tourtellotte)

Source: http://news.yahoo.com/hip-hop-manager-chris-lighty-found-dead-reports-204235721.html

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Thursday, August 30, 2012

Pending home sales touch two-year high

By NBC News wire reports

Contracts to buy previously owned homes rose to their highest level in more than two years in July, an industry group said on Wednesday, suggesting the housing market recovery was gaining traction.

The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in July, increased 2.4 percent to 101.7 - the highest level since April 2010 and shortly before the deadline for the home buyer tax credit.

Economists polled by Reuters had expected signed contracts, which become sales after a month or two, to rise 1.0 percent after declining 1.4 percent in June.

The report was the latest to show momentum in housing market recovery, with gains in home construction and sales and prices.

Pending home sales were up 12.4 percent in the 12 months to July.

"All regions saw monthly increases in home-buying activity except for the West, which is now experiencing an acute inventory shortage," said NAR chief economist Lawrence Yun.

Contracts in the Northeast gained 0.5 percent last month and increased 3.4 percent in the Midwest. In the South, contracts rose 5.2 percent. The West saw a 1.7 percent drop in contracts last month.

Reuters contributed to this report.

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Source: http://bottomline.nbcnews.com/_news/2012/08/29/13547838-pending-home-sales-touch-two-year-high?lite

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Leather and Rhinestone Dog Collars | Love My Pets GPS Pet Safety ...

August 29, 2012 ? Sachin Kumar Airan

It has been said that a dog is a man?s best friend, and that must be adapted to claim that a dog is a human?s best chum. It?s apparent that a lot of people feel this sentimentality. Analysis done back in 2007 showed that US citizens alone expended over 41 billion dollars on their pets! This report was done by Packaged Facts, which is a purchaser research company which operates out of Rockville, MD. A lot of this money was spent on accessories such as leather dog collars and even rhinestone dog collars.

Therefore which is the best for your dog? A leather dog collar or a rhinestone dog collar? That decision is truly up to the dog keeper. There?s really no set rule on what sort of collar a dog can wear except personal flavour of the dogs owner. That having been said, it looks that it?s usually the small yappy dogs which get all the fancy stuff, but who?s to assert that an enormous difficult looking dog doesn?t should be pampered with the pretty stuff too? Or maybe even round the other way, making that little lovable small Chihuahua look coarse and difficult?

There are so very many selections of leather dog collars nowadays and you don?t have to just look at standard black or brown. Nowadays you will find all sorts of colors, like pink, purple, black, white for example. You can have your dog collars decorated utilizing a number of stuff like studs, gems or spikes. Fat collars, thin collars, handmade collars, you get the idea ; they come in all shapes and sizes.

Just like other kinds of dog collars and harnesses, rhinestone dog collars come in a good selection of styles, colors, and styles. From the tiniest dog to the largest dog, there is one that will fit. The collar itself is in general made from leather and then the rhinestones are prepared in differing patterns. Rhinestones come in an array of sizes so that you can put big jewels on tiny collars or small jewels on big collars, no matter what your imagination can evoke. The possibilities are almost never-ending.

Hence whichever kind of dog collar you select for your dog, you can make it special to fit your number one buddy. Your dog will appreciate whatever you decide for him / her. They don?t care as long as you let them know they?re special.

To know more about Leather Dog Collars or rhinestone dog collars, you may visit fourpawsdogcollars.com

Source: http://lovemypetsgps.com/blog/2802/leather-and-rhinestone-dog-collars/

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US targets Mexican oil services firm linked to drug trade

WASHINGTON (Reuters) - The Treasury Department said on Wednesday it has targeted a Mexican oil services firm owned by Francisco Antonio Colorado Cessa, who it has already identified as a drug trafficker and is U.S. custody awaiting trial on money laundering charges.

The action prohibits U.S. companies and individuals from doing business with ADT Petroservicios SA De C.V. and freezes any assets the company has under U.S. jurisdiction.

"By exposing this business of Francisco Antonio Colorado Cessa, which is tied to the violent Los Zetas group, we are depriving their organization of an avenue to launder their illicit proceeds," Adam Szubin, director of Treasury's Office of Foreign Asset Control, said in a statement.

Los Zetas is a Mexican drug trafficking organization identified by President Barack Obama as a significant foreign narcotics trafficker in April 2009 under the Foreign Narcotics Kingpin Designation Act, Treasury said.

The Treasury Department has designated more than 1,100 individuals and entities under the act since 2000.

(Reporting By Doug Palmer; Editing by Vicki Allen)

Source: http://news.yahoo.com/us-targets-mexican-oil-services-firm-linked-drug-144509830.html

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Wednesday, August 29, 2012

Decline in breeding chinstrap penguins in Antarctic Peninsula confirmed

ScienceDaily (Aug. 29, 2012) ? In a paper published this week in the journal Polar Biology, researchers from the Antarctic Site Inventory confirm significant declines in the breeding population of chinstrap penguins in the vastly warming Antarctic Peninsula, where it's warming faster than, or as fast as, any other place on Earth.

New results and analyses stem from fieldwork conducted in December 2011 at Deception Island, one of the most frequently visited locations in Antarctica.

Overseen by Ron Naveen, founder of the nonprofit science and conservation organization, Oceanites, Inc., the Deception Island census effort analyses were undertaken by Dr. Heather Lynch, Assistant Professor of Ecology and Evolution at Stony Brook University, and chief scientist of the Antarctic Site Inventory project.

The Inventory has been collecting and analyzing Antarctic Peninsula-wide penguin population data since 1994, and these new findings have important implications both for the advancement of Antarctic science and the management of Antarctica by the Antarctic Treaty nations.

"Our Deception Island work, using the yacht Pelagic as our base, occurred over 12 days and in the harshest of conditions -- persistent clouds, precipitation, and high winds, the latter sometimes reaching gale force and requiring a lot of patience waiting out the blows," said Naveen. "But, in the end, we achieved the first-ever survey of all chinstraps breeding on the island."

The other Inventory researchers on the team were Steven Forrest (Oceanites, Inc.), Dr. Thomas Mueller (Biodiversity and Climate Research Centre), and Dr. Michael Polito (now at Woods Hole Oceanographic Institute). The scientific effort of the Inventory is supported by the U.S. National Science Foundation and public contributions, and the project's on-the-ground fieldwork at Deception Island was specifically supported by a grant from The Tinker Foundation. The Inventory is the only publicly supported science project working in Antarctica and the only science project tracking penguin populations throughout the entire Antarctic Peninsula region.

The scientific effort of the Inventory is supported by the U.S. National Science Foundation and public contributions, and the project's on-the-ground fieldwork at Deception Island was specifically supported by a grant from The Tinker Foundation. The Inventory is the only publicly supported science project working in Antarctica and the only science project tracking penguin populations throughout the entire Antarctic Peninsula region.

Deception Island is frequently visited and there has been speculation that tourism may have a negative impact on breeding chinstrap penguins -- especially, at Deception Island's largest chinstrap colony known as Baily Head. Previously, Antarctic Treaty-level discussions regarding the management of visitors at Baily Head proceeded in the absence of concrete site-wide census data.

The results and analyses, according to Dr. Lynch, shed new light on the massive changes occurring in this region.

"Our team found 79,849 breeding pairs of chinstrap penguins at Deception, including 50,408 breeding pairs at Baily Head. Combined with a simulation designed to capture uncertainty in an earlier population estimate, there is strong evidence to suggest a significant (>50%) decline in the abundance of chinstraps breeding at Baily Head since 1986/87.

"The decline of chinstrap penguins at Baily Head is consistent with declines in this species throughout the region, including at sites that receive little or no tourism; further, as a consequence of regional environmental changes that currently represent the dominant influence on penguin dynamics, we cannot ascribe any direct link in this study between chinstrap declines and tourism."

The Baily Head analysis was abetted by Dr. Lynch's cutting-edge analyses of high-resolution satellite imagery. Images were available for the 2002/03 and the 2009/10 seasons that suggest a 39% decline over that seven-year period, and which provide independent confirmation of this population decline. Via assistance from the U.S. National Science Foundation and a cooperative effort the University of Minnesota's Polar Geospatial Center, the Inventory continues to demonstrate the use of satellite imagery to analyze and describe environmental change in sensitive habitats.

"We now know," says Naveen, "that two of the three predominant penguin species in the Peninsula -- chinstrap and Ad?lie -- are declining significantly in a region where, in the last 60 years, it's warmed by 3? C. (5? F.) annually and by 5? C. (9? F.) in winter. By contrast, gentoo penguins, the third of these species, are expanding both its numbers and range. These divergent responses are an ongoing focus of our Inventory work effort."

Adds Lynch: "While there has been considerable focus in the policy and management community about the potential impact of tourism on these penguin populations, we cannot forget the overwhelming evidence that climate is responsible for the dramatic changes that we are seeing on the Peninsula. If tourism is having a negative impact on these populations, it's too small an effect to be detected against the background of climate change."

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Story Source:

The above story is reprinted from materials provided by Stony Brook University.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Ron Naveen, Heather J. Lynch, Steven Forrest, Thomas Mueller, Michael Polito. First direct, site-wide penguin survey at Deception Island, Antarctica, suggests significant declines in breeding chinstrap penguins. Polar Biology, 2012; DOI: 10.1007/s00300-012-1230-3

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_environment/~3/Tbc4GjSXALI/120829103413.htm

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Joliet Bankruptcy Attorney

taco bell attorney by reallyboringWith the help of the experienced Joliet bankruptcy attorneys at the Law Offices of Stuart B. Handelman, you can make this dream your reality. Contact us now at 815-722-2201.The staff at the Law Offices of Stuart B. Handelman, serving Chicago, as well as Cook, Will, Grundy, DuPage, Kendall, LaSalle and Lake Counties, consists of knowledgeable and friendly people who can get the job done. We pride ourselves in being approachable, responsive, supportive and a positive force in a difficult situation.
Source: targetlaw.com

Video: Chicago Bankruptcy Lawyer ? Find a Chicago Bankruptcy Lawyer

W ? What You Need to Bring to an Appointment with a Bankruptcy Attorney

This entry was posted in Uncategorized and tagged bankruptcy, bankruptcy alphabet, bankruptcy attorney appointment, bankruptcy chicago, bankruptcy illinois, bankruptcy oak lawn, bankruptcy skokie, bankruptcy waukegan, bill collectors, business bankruptcy, business bills, Chapter 13, chapter 7, chicago, consultation, free, identification, small business bills, social security card, stop foreclosure, tax returns, what to bring to bankruptcy appointment. Bookmark the permalink.
Source: bankruptcylawchicagoblog.com

Illinois homeowners may consider alternative to foreclosure

These and other guidelines may make short sales more attractive to both homeowners and lenders, eliminating the threat of foreclosure. However, if a short sale is not a viable option for a homeowner, and they are still facing foreclosure, that homeowner may want to consider filing for bankruptcy protection. The Illinois laws and United States Bankruptcy Code may provide homeowners with an alternative option to finally conquer outstanding debt and provide the basis for a return to financial security.
Source: cookcountyilbankruptcyblog.com

Illinois among nation?s worst for personal credit health, debt

New information released from Internet research firm CardRatings.com shows that Illinois is among the 10 worst states for bankruptcy proceedings in relation to personal credit. The study was based on analysis of five categories of data: individual credit usage including repayment, broad economic health, unemployment, personal bankruptcy rates and credit scores. Additional information included credit card delinquency rates and home foreclosure rates, all of which were gathered from national data clearinghouses.
Source: affordablebankruptcychicago.com

Student Loan Debt: Bankruptcy and Disclosure

It should be noted, however, that it is sometimes possible to show that such loans should be discharged in bankruptcy due to undue hardship. Even without such a showing, a bankruptcy filing can often help people get control of other bills, so that tackling student loan debt becomes more manageable.
Source: edfeldlaw.com

Chicago Tribune?s business bankruptcy end in sight

As many positive aspects that may come from the recent bankruptcy decision, junior creditors of the Chicago Tribune have expressed their intent to appeal the decision. Although there is talk about an appeal, experts claim an appeal would be difficult based on the fashion in which the judge?s opinion was written. Business bankruptcy can be timely and complex, but can provide a business an avenue of relief and allow the business to start new.
Source: youngbklaw.com

Understanding Reaffirmation in a Chicago Bankruptcy Case

The reaffirmation agreement is an agreement that you as the debtor come to with a creditor about one of your debts. A Chicago bankruptcy specialist will be able to help you with this. In most cases, bankruptcy will discharge your debts. The creditor could repossess or foreclose on the property though. When you reaffirm the debt, it means that even though your other debts go through the discharge process, you will still be able to pay all of the debt that you reaffirm. Thus, if you are paying for a car, you can reaffirm the debt with the help of the creditor and the Chicago bankruptcy specialist to make sure that you do not have to worry about repossession.
Source: articles-digest.com

Bondholders, insurers challenge San Bernardino bankruptcy

Bond insurer National Public Finance Guarantee Corporation, a unit of MBIA, argued in a filing on Wednesday that San Bernardino provided no financial information to its creditors and had not proved it was eligible to declare a fiscal emergency or to seek municipal bankruptcy protection under Chapter 9 of the bankruptcy code.
Source: bankruptcylawyersacramento.net

Chicago Bankruptcy Attorney Answers 5 Typical Questions

Reaffirming a debt is putting yourself back on the hook for a debt that would otherwise have been discharged in your bankruptcy.? In Illinois, this is typically done with automobiles.? What you are doing is you are saying I want to continue with my contract price, my contract monthly payment or a new payment negotiated by the attorneys in order to keep the car.? If you were to fail to make the monthly payments or defaults on the loan at a later date, this bankruptcy would not eliminate that debt.? You would be liable for any deficiency judgment on the car.
Source: bankruptcy-lawyers-chicago.com

Chicago?s O?Hare Affected by American Airlines Bankruptcy

In March of this year, the City of Chicago heard from airport employees in response to the proposed Stable Jobs Stable Airports Ordinance proposed by Alderman Jason C. Ervine. The City of Chicago?s Department of Aviation, according to InsideChicagoAirports.com ?is undertaking the largest turnover of airport concessions contracts in the city?s history?handing out lucrative contracts with more than $250 million a year and putting the jobs of 1,500 Chicagoans who work in O?Hare and Midway at risk.?
Source: illinois-bankruptcy-law-blog.com

Related posts:

  1. Joliet Bankruptcy Lawyer on Filing Chapter 13
  2. Joliet Bankruptcy Lawyer David M. Siegel
  3. Joliet Bankruptcy Lawyer on Filing Chapter 13
  4. Joliet Bankruptcy Lawyer on Filing Chapter 13
  5. W ? What You Need to Bring to an Appointment with a Bankruptcy Attorney

Source: http://foreclosureattorneyco.com/joliet-bankruptcy-attorney/

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Delivering Customer Service Beyond the Walls of the Enterprise ...

It?s difficult enough to provide a consistently positive customer experience across all business units and departments within the four walls of your company. A quick search on the Web and you will find countless stories of bad customer experiences.? Here is one from Michael Moaz, a Gartner analyst who blogged recently about his frustration experience resolving a glitch with his cable service.

But it?s all the more challenging when you try to do this across a network of business partners, brokers and middlemen. A prime example is the travel and hospitality industries, in which many parties are involved in the process of selling and delivering service.? For example, an airline ticket from an airline that is doing a codeshare with another may be sold by an online vendor such as Orbitz, Expedia, Travelocity and Priceline.?? Another is a branded (such as Marriott, etc.) hotel room being sold through a 3rd party clearinghouse while the actual hotel is an affiliated property operates independently. In these cases, no one company is interacting with the customer 100% of the time and has complete control of the experience being provided.

Unfortunately, I have learned the hard way that the customer experience quickly breaks down when it comes to these extended business networks. Once several companies are involved with a customer transaction, it?s very difficult to coordinate a resolution when an issue arises, and customer service can quickly become an afterthought.

Here?s my story: Earlier this year, my wife bought an airline ticket from a third-party Web site for a summer trip. The ticket was issued by one airline, but she would be on a flight operated by another, via a codeshare arrangement.

Three weeks before her trip, my wife went to check about the baggage policy and noticed that her ticket was marked as ?unconfirmed.? ?Concerned, she called airline #1 (the one operating the actual flight), which explained that her ticket is not confirmed because the issuing airline has failed to do ?something? (it was never fully explained what this ?something? was).? So, she has been placed on the wait list and that she should call the airline (airline #2) issuing the ticket to resolve the issue. When she did so, the service rep assured her that the ticket was confirmed and that she had a seat. ?She asked for a seat assignment but was pointed back to airline #1 because the rep from airline #2 couldn?t access the system of airline #1 to fulfill that request.? She had hit a dead-end.? ?At my suggestion, my wife also called the Web site on which she had purchased the ticket.? After 2 hours of explaining the situation, the rep from the Web site vendor reassured her that the ?unconfirmed? ticket status was a mistake and that she was set to go.

You can only guess what happened when my wife got to the airport: The check-in team would not check her onto the flight, as the operating airline (airline #1) again insisted that my wife?s ticket was unconfirmed.? She remained on the waitlist!

Finally, after much back-and-forth and phone calls to higher-ups and to airline #2, the check-in team reluctantly issued the boarding tickets to my wife ? but not without admonishing her that this was a one-time exception and that she ought to have settled the problem with her ticket before the trip. ??Big favor: Letting a paying customer ? due diligence and all ? on the plane!

With three parties involved, an essential question went unanswered: Who was accountable to the customer? No matter how much any one company is invested in ?customer experience,? once two or three companies are involved, issues quickly fall through the cracks, and no one has accountability or ownership of the customer experience.

I?m not the only one who has encountered this problem this summer; in May, Michael Moaz also blogged about his experience trying to change his travel plans when several companies were involved.

Businesses are likely to continue teaming up in order to succeed in today?s global economy. As that happens, here are a few suggestions for successfully expanding the customer experience beyond the four walls of the enterprise:

  • Determine who ultimately has ownership for customer issues ? for instance, the company making the sale or or the one delivering the service.
  • Define and create processes, systems infrastructure and connections to ensure all partners can share relevant customer information.
  • Provide tools that enable all partners to take necessary actions to service customers.
  • Define service level agreements for each partner and a clear escalation procedures for customers when they have issues.

I hope your vacation plan went smoother than my wife?s.? Please share the ups and down of your customer experiences ? and what you might suggest to businesses that partner with other businesses.

SAP can help your organization deliver exceptional customer experience.? Visit us for more details.

Author: Hansen Lieu???? Hansen Lieu on the Web Hansen Lieu on LinkedIn

Hansen Lieu is a Director of Solution Marketing at SAP. He has?20 years of experiences in the IT industry, from development, implementation, product management, and marketing. In the last 12 years, he has been focusing on mobility, CRM, and particularly solutions for customer service.? My favorite topic these days are? View?full?profile

Source: http://www.business2community.com/customer-experience/delivering-customer-service-beyond-the-walls-of-the-enterprise-0265342

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Tuesday, August 28, 2012

Interview with Max Martin (Offthekuff)

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Debt to Income Ratio too High? Auto Loan Solution | Homebuying ...

Debt to income auto loanYour debt to income ratio is what determines how much you qualify for when applying for a home loan.

If you find yourself butting up against the ceiling of your DTI (debt to income), you might not want to give up yet.

Reducing Debt

The debt portion of a debt to income ratio is what is reported on your credit report. ?Being as familiar as I am with credit reporting, I know that there?s a good chance that it?s not completely 100% accurate.

check your credit report for accuracy

The first thing you should do is check your credit report to make sure there are no closed accounts or old collection/charge offs still reporting a payment. ?It is not at all uncommon for closed accounts to still show a payment due.

Auto Loan Solution

Auto loans can be an opportunity to reduce your debt to income ratio very quickly.

When you finance an automobile for 36 or 60 months, that financing is called an installment loan.

Here is the guideline per Fannie Mae Underwriting Guidelines:

?All installment debt that is not secured by a financial asset?including student loans, automobile loans, and home equity loans?must be considered part of the borrower?s recurring monthly debt obligations if there are more than ten monthly payments remaining.?

?under 10 months left not considered

As is typical with most underwriting guidelines, it?s what they?didn?t say?that you have to pay attention to. ?What this guideline also says is that installment debt with less than ten monthly payments do not need to be considered.

If you currently have less than 10 months left on your auto loan, make sure your lender is excluding this payment from your debt to income ratio.

Pro Tip: ?Reduce principle to reduce pay off

If you have more than 10 months left on your auto loan, you still have options. ?You can pay down the principle balance of the loan.

Here?s how it works: ?

  • Say your payment is $200 a month and you have a balance of $2,800
  • Your $200 payment for 10 months is $2,000.
  • To eliminate the $200 payment from your DTI, you would make a principle payment of $800.
  • Once you?ve made the payment, ask the auto dealer to produce a current statement showing the new principle balance.

Before paying your auto loan down, review the scenario with your loan officer. ?Guidelines can change at any time and lenders can over-lay more restrictive guidelines.

There are many opportunities to reduce your debt to income ratio. ?This is one way it can be done.

If you have any questions about qualifying or increase the amount you qualify for, feel free to submit a private question, leave a public comment or give us a call.

Scott Schang

Manager at Broadview Mortgage Katella in Orange, California, I am passionate about educating and empowering consumers. Feel free to call, text or email me at (714) 805-7268 or ScottS@broadviewmortgage.com

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Source: http://www.findmywayhome.com/how-to-mortgage-a-home/debt-to-income-ratio-too-high-auto-loan-solution/

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