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
Becoming an authorized user on someone elseâs credit card can help you build credit. In order to build a good credit score, the primary account owner needs to have a good credit score and responsibly manage the account. Becoming an authorized user on someone elses credit card account can be a great way to establish … Read more
Having a credit line of $8,000 can be considered good depending on your financial situation and credit profile. While there is no single credit limit that is ideal for everyone, here are some key factors to consider when determining if an $8,000 credit line is good for you: Credit Utilization Ratio One of the most … Read more
“Expert verified” means that our Financial Review Board thoroughly evaluated the article for accuracy and clarity. The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Bankrate is always editorially independent. While we adhere to strict , this post may contain references to … Read more
Equifax, Experian, and TransUnion can differ in the information they collect Part of the Series Guide to FICO Equifax, Experian, and TransUnion are the top three credit bureaus in the U.S. They are private businesses that collect and sell data on the spending and borrowing habits of individual consumers. The data is compiled into a … Read more
Hey there, folks! Ever found yourself in a tight spot, needin’ some fast cash to cover a bill or an unexpected car repair? If you’ve been pokin’ around for quick loan options, you might’ve stumbled across Advance Financial. But what exactly is this company? What type of business is Advance Financial, and why’s it got … Read more
According to a 2021 report, the average American is $90,460 in debt. Common types of consumer debt include credit card bills, medical bills, and student loans. A recent survey reports that 47 percent of Americans carry a monthly balance on their credit cards. 70% of those people say they cannot pay it off this year. … Read more
Closing on a home loan can seem complicated and overwhelming, with stacks of paperwork, multiple parties involved, and a lot of money changing hands. However, understanding the step-by-step process that occurs during a typical loan closing can help you feel prepared and make the experience go smoothly. In this article, we’ll walk through exactly what … Read more