A mortgage is the biggest debt most people will take on in their lifetimes. Paying off a mortgage can take many years, with a standard 30-year term being common. However there are differing opinions on when is the optimal time to aim to pay off your mortgage. Here we’ll examine the key considerations around what … Read more
A CIBIL score of 753 is considered to be in the “very good” credit score range. But what exactly does that mean and how does your credit score impact your ability to get loans and credit cards in India? In this article we’ll break down everything you need to know about a CIBIL score of … Read more
Saving for retirement and paying off the mortgage are two of the biggest money goals most people will ever tackle. And deciding which one to tackle first can feel like a financial tug-of-war. On one side, you have the freedom and peace that comes with a paid-for house. But on the other hand, the magic … Read more
The earlier you pay something off, the better it might be for you in the long run. But does this hold true for credit cards? There can be benefits to paying your credit card early. But thereâs more to understanding how early credit card payments could help you boost your credit scores. Using credit cards … Read more
This article contains general information and is not intended to provide information that is specific to American Express products and services. Similar products and services offered by different companies will have different features and you should always read about product details before acquiring any financial product. Rapid rescoring is a process that allows borrowers to … Read more
Losing your job prior to closing could delay your closing date or, in some cases, lead to a lender denying your application for a mortgage. Hereâs what you need to do if you lose your job before closing on a house. The experience of losing a job is stressful in its own right, but if … Read more
If you pay as agreed, student loans can help your credit score. But missteps can hurt it. 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 on their website. However, this does … Read more
When financial pressures mount and debt payments become overwhelming, many people begin searching for potential relief options, like debt forgiveness, which reduces your balance and makes it easier to pay off the remainder of whats owed. But while credit card debt, medical bills and student loans tend to dominate debt forgiveness discussions, personal loans tend … Read more
Getting laid off or fired can be a stressful, even traumatic experience. It’s also a time to make sure you take care of your personal finances. Here are some tips on how to handle your 401(k). If you’ve been let go of or laid off, or if you just want to feel more prepared in … Read more
NINA loans, which stands for “no income, no asset” loans, were a type of mortgage popular in the early to mid-2000s that required little to no documentation from borrowers. As the name suggests, borrowers did not have to verify their income, employment, assets, or cash reserves to qualify for these loans. This made NINA loans … Read more