The Capital One Platinum Card is a straightforward, no-frills credit card aimed at consumers looking to build or rebuild their credit. One of the key features of this card is its relatively low credit limit compared to premium rewards cards. But what exactly is the limit on the Capital One Platinum Card, and how is … Read more
Some banks charge customers for having insufficient funds in their accounts. But a lot of banks are eliminating those fees. Banks charge a lot of fees — monthly service fees, ATM fees, excessive transaction fees and many more. While all those costs can be annoying, one of the most frustrating fees that can land on … Read more
Paying off a credit card doesnt usually hurt your credit scoresâjust the opposite, in fact. It can take a month or two for paid-off balances to be reflected in your score, but reducing credit card debt typically results in a score boost eventually, as long as your other credit accounts are in good standing. There … Read more
Getting a mortgage has become much more challenging in recent years. Increased scrutiny from lenders, rising interest rates, and stricter requirements have made it harder for many people to qualify If you’re considering applying for a mortgage, here’s what you need to know about the current lending environment. Why Has Getting a Mortgage Become More … Read more
To understand available credit, it might help to imagine that youâre borrowing cash from a friend. Say your friend loans you $10 and you spend $4. If the original $10 you borrowed represents your credit limit, the $4 you spent is your current balance. And the $6 you have left is your available credit. Learn … Read more
If you’re looking to buy a house, you’re probably aware that having a good credit score is important for qualifying for a mortgage. But did you know that you have more than one credit score? To make it even more complicated, these separate scores can all be different. Knowing what credit scores mortgage lenders use … Read more
The Conventional 97 loan allows you to buy a home with 3% down rather than the typical 5-20% down without FHA’s permanent mortgage insurance. Good to know: MortgageResearch.com makes money when you are matched with a lender through a web form or other connection opportunity on the site. Learn more about who we are and … Read more
A mortgage is one of the biggest debts you’ll have in your lifetime. While you may be working toward tackling credit debt, a car loan, student loans or all the above, the balance of your mortgage may be a little harder to chip away at. If you’re motivated, you can make an additional mortgage payment … 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
The World Elite Mastercard is one of the most exclusive and prestigious credit cards available But with great rewards and benefits comes great responsibility – namely having the financial means to qualify So who exactly gets to carry this black card beauty? Let’s break down the requirements, Income Requirements First and foremost, you need solid … Read more