Buying a home is one of the biggest purchases you can make. One of the first steps in the process is to get preapproved for a home loan. Mortgage preapproval may seem straightforward, but there are some considerations to be aware of. Most importantly, loan preapproval is not a guarantee. Preapproval means that you’ve met … Read more
Purchasing your first home is an exciting milestone, but the process can be daunting if you don’t know what to expect. While buying a house is a joyful event, it’s also a huge financial decision that requires care and consideration. Making the wrong moves could cost you big time by resulting in a higher interest … Read more
Buying a house is an exciting milestone but saving up enough money for a down payment can be challenging. If your bank account balance is low you may wonder if it’s possible to purchase a home without paying anything out of pocket. The good news is that with the right loan program and preparation, you … Read more
In the past, certain actions like making a payment or acknowledging that you owe the debt could restart the clock on the limitations period. This created a problem where the statute of limitations could be constantly restarted. The issue is often referred to as “zombie debt.” In 2019, changes in the law aimed to protect … Read more
In this article, we’ll delve into the intricacies of security clearances, exploring what they entail, the different types, and 5 automatic disqualifiers for security clearances. Getting a secret clearance is crucial for many roles in the government and military that involve access to sensitive information. However, the process is extremely rigorous, with investigators comprehensively evaluating … Read more
Taking out multiple mortgages is possible, but also complicated. Having two mortgages at the same time requires careful planning and consideration of how it will impact your finances. While it may make sense in certain situations, there are risks involved that you’ll need to weigh before moving forward. Is It Possible to Have 2 Mortgages? … Read more
You may have heard an alarming story of a friend driving a new car home only to get a call to bring it back to the dealership because a loan didnt go through. Can a car loan be denied after approval? Though rare, it is possible to believe you are fully approved and learn later … Read more
When you first get a credit card, your credit line (also called a credit limit) may not be as high as youd like. After youve had the new credit card for a while, you may be able to request a credit limit increase. Hey there, fam! Ever found yourself starin’ at your credit card statement, … Read more
The Platinum is a bare-bones card that helps people build credit, and that’s about it. If you’ve graduated beyond the credit-building stage, choose the Quicksilver for its handsome rewards. Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, … Read more
For a score with a range of 300 to 850, a credit score of 670 to 739 is considered good. Credit scores of 740 and above are very good while 800 and higher are excellent. For credit scores that range from 300 to 850, a credit score in the mid to high 600s or above … Read more