Have you ever found yourself wondering, “How long until I can use my credit card after the due date?” Its a common question, and the answer can have a significant impact on your financial well-being. Credit cards are incredibly convenient tools for managing your expenses, but understanding the implications of missed payments and the grace … Read more
Each year, the Federal Housing Finance Agency releases new loan limits for conforming loans that they base on the third quarter House Price Index report. New limits are out and theyve gone up. VA loans use the same limits in the rare instances when one is required. FHA limits use a different formula based on … Read more
Many people know when theyâre struggling financially. Intuitively, we feel the pressure of not having enough cash to meet all of our obligations. If you live on a cash basis, you will find yourself with no choice but to stop spending when the money runs out. Credit and debt distort our intuitions. When you charge … Read more
Yes, and selling a car to a dealer is a simple way to get rid of a vehicle you no longer want. It can be a good solution if you need quick cash to buy a new vehicle or an easy way to unload a used car without replacing it. When you sell a car … Read more
Credit scores are three-digit numbers, typically between 300 and 850, that represent your overall credit risk at a glance. Credit scores help lenders decide whether to grant you credit. Credit scores are calculated based on past financial behavior. This includes your payment history on credit accounts, the credit you use compared to total credit available, … Read more
If you and your wife reside in a community property state, then there is a legitimate risk that a creditor will garnish wages from a joint bank account to pay a debt that only you owe. In general, your spouse’s wages cannot be garnished for a debt you owe if they have a separate checking … Read more
Unless you plan on purchasing a vehicle in all cash, your credit score is one of the most important factors in securing financing on a new or used car. Your credit score provides lenders with the likelihood that you’ll repay your debts on time. A solid understanding of your credit score before you head to … Read more
American Express offers a wide range of credit cards to suit different credit profiles and lifestyles. With options for no annual fee, travel rewards, cash back, and more, many wonder what credit score they need to qualify for an Amex card. This article will explain Amex’s credit score requirements and how you can get approved, … Read more
Having a default on your credit file means a harder time getting credit cards, loans, mobile phone contracts, or even opening current bank accounts. A default on your credit report can feel like a black mark that won’t go away. After all defaults typically stay on your report for six years. But there are situations … Read more
Among all of the difficult choices associated with buying a house, choosing a time of month to close might seem like a low priority. Compared to many home buying decisions, it’s certainly lower stakes. Nevertheless, there’s likely $500 – $2,000 on the line when it comes to your closing date. That’s enough to cover that … Read more