Buying a house with no money down might sound too good to be true, but for some home buyers, its possible. If you’re considering this option, make sure to look at the overall costs over the life of the loan to determine whether it makes sense for you. Buying a home is an exciting milestone … Read more
If youre like many Americans whove seen their debts rise in the last year, you might be wondering if your payments are unsustainable — and what you can do about it. If you have a lot of debt, youre not alone: The average debt balance, including big-ticket items like mortgages, student loans and auto financing, … 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
Refinancing your mortgage can be a great way to lower your interest rate, shorten your loan term, or pull cash out of your home equity. But after going through the application process, getting approved, and signing your closing paperwork, many homeowners want to know – when will I actually get the money? Here’s a look … Read more
Your credit score affects everything from the interest rate you’ll pay on an auto loan to whether you’ll be hired for certain jobs, so it’s understandable if you’re wondering how to raise your credit score quickly. While there are no shortcuts for building up a solid credit history and score, there are some tactics that … Read more
A 486 credit score hurts your financial options. Missed payments and high credit usage usually cause this low score. If you don’t act quickly, it can drop even more, making it tougher to get loans or rent an apartment. Turn things around by paying your bills on time and keeping your credit card balances below … Read more
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