What might seem like a simple and positive solution to your credit situation is actually a series of false promises that will likely damage your credit. How Do Credit Repair Companies Remove Negative Items From Your Credit Report? Having negative items on your credit report can significantly lower your credit score, making it harder to … Read more
When you apply for a loan, credit card, or mortgage, lenders check your credit report to decide if theyll lend you money. Your credit report tells them about your money habits and helps them work out if youre likely to pay them back. When applying for credit such as a credit card, loan, mortgage, or … Read more
We drop our latest field notes to help co-owners build wealth, make memories, and feel good doing it. Home co-ownership is when two or more people who are not married to one another share ownership interest in a home. You can co-own a home with a friend, relative, partner, or a mix. Even married couples … Read more
Its an age-old question we receive, and to answer it requires that we start with the basics: What is the definition of a credit score, anyway? Generally speaking, a credit score is a three-digit number ranging from 300 to 850. Credit scores are calculated using information in your credit report. Your payment history, the amount … Read more
The debt snowball method of paying off debts in order from smallest to largest can help you rack up quick wins for motivation. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action … Read more
Having the title deed to your property is extremely important It legally proves ownership and allows you to take actions like selling your home or using it as collateral for a loan But what if you’ve misplaced your deed or are unsure who holds it? Don’t worry – this guide will walk you through how … Read more
Getting declined for a credit limit increase might impact your credit scores. Whether it does depends on if the card issuer reviews your credit report with a hard or soft inquiry before making their decision. If its a soft inquiry, your credit scores wont be affected at all. However, similar to when you apply for … Read more
Getting a $30,000 car loan may seem out of reach for some buyers, but it is achievable with the right preparation and knowledge. In this comprehensive guide, we will walk through everything you need to know to get approved for a $30,000 auto loan, from understanding credit scores to calculating payments and exploring different loan … Read more
Youve fallen behind on a loan payment—far behind. After a certain period of non-repayment, your debt is considered a charge-off, or a debt that your creditor assumes you wont pay. Although youre still legally liable for this debt, your original creditor may turn it over to a collection agency to recover it. A charge-off on … Read more
One of the most common financial questions is how to get out of debt. Digging out of debt can be painful—but the payoff is empowering. Just think: All that money spent paying interest on past purchases could be money invested for your future. But it takes a committed and consistent plan to get out of … Read more