Applying for a new credit card can complicate your homebuying experience. To minimize the risk of credit-related issues during the mortgage process, it’s best to avoid making any major changes to your credit activity, including opening new credit cards. Getting a mortgage to buy your dream home can be an exciting yet stressful process. You … Read more
They have debit cards and do go to the bank to withdraw money. Stars, they’re just like us. This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth … Read more
No homebuyer wants to hear the words, “Mortgage loan denied in underwriting.” The good news? A denial doesn’t have to be the end of the road for obtaining a mortgage. By understanding the warning signs your mortgage will be denied, you can take the right steps to get your homebuying journey back on track. Key … Read more
So, you’re struggling with debt and starting to catch up, one payment at a time. But how long does it take for fully paid off debt to be removed from your credit reports? Many people assume that once a debt is paid off, it immediately disappears from their report. However, the reality is a bit … Read more
There’s no doubt that not having any debt can give you a certain sense of freedom. When you don’t owe anything to anybody, the money you have is yours to do with as you wish—a great retirement dream scenario. But as we all know from experience, reality can be a bit different. In an ideal … Read more
You can pay off your car loan faster using several strategies, including refinancing your car loan, making biweekly payments, putting money toward extra lump-sum payments and canceling add-ons. If youre anxious to remove your auto loan from your list of debts, there are ways to do it more quickly. You can pay off your car … Read more
It’s good practice to make a down payment of at least 20% on a new car and 10% for used. A larger down payment can also help you qualify for a better interest rate. But how much a down payment should be for a car isn’t black and white. If you can’t afford 10% or … Read more
Mortgage options for those with collections are limited, but they do exist. Learn more about how collections affect your ability to get a mortgage, what you can do about old collections, and top tips to help you secure a mortgage even with collections. Hey there, friend! So, you’ve got a collection or two on your … Read more
We frequently receive questions about depreciating and expensing business vehicles. This post provides a brief summary of the general rules for 2021. Business owners looking to purchase vehicles for their business operations often wonder whether they can take bonus depreciation on those vehicles in the year of purchase. The short answer is yes, most vehicles … Read more
Getting approved for an Amazon credit card can save you a lot of money on your online shopping Amazon offers two different credit cards – the Amazon Prime Rewards Visa Signature Card and the Amazon Rewards Visa Signature Card Both cards offer generous rewards and benefits for shopping on Amazon.com and Whole Foods. But like … Read more