Invoices are Due and Credit Repair is in place
Invoices are due and credit repair is in place. This happens many times with many individuals and families, so don’t be discouraged because there is hope. We can calculate our bills by taking into account utilities, phones, credit cards, mortgages, rents, leases, purchases, etc. Each of us needs a vehicle to work, so obviously, this […]
Options to Avoid in Credit Repair and Building
Options to Avoid in Credit Repair and Building; there are several options available that make people believe it is a solution for freeing themselves of debts. One solution you want to avoid is borrowing money from finance companies. The companies that advance for consolidating loans and require that you put your home or car up […]
Keeping Track to Repair and Build Credit
Keeping Track to Repair and Build Credit; keeping track of your spending and diverting a budget plan is often a better solution for repairing credit and building your rating. If you file for bankruptcy of debt consolidation you are only adding more headaches to an already bad situation. Bankruptcy goes on your credit report for […]
Renting vs Buying a home
It’s an interesting time to be debating whether to buy or rent. According to the U.S. Census Bureau; the national homeownership rate in the first quarter of 2022 was 65.4 percent — meaning about two-thirds of Americans are homeowners. Over the past two years, it seemed as if the entire other third of the population […]
Government help for your credit repairs
Government help for your credit repairs; if you are building a credit history; suffering bad credit, or else your credit is great, there are sources available that will help you maintain credit, repair credit, and build credit history. If you have bad credit you must at least apply for two loans and be turned down […]
Good credit gives you benefits
How good credit gives benefits you? 1. Borrow money at a better interest rate for a good credit Scores above 740 typically qualify for the lowest mortgage rates available. Higher credit scores also can get lower interest rates on car loans. Lenders also look at things like debt-to-income ratios, but in general, a good score […]
Reduce your debts to improve your credit
Reduce your debts to improve your credit Increase your credit Reduce your debts to improve your credit is good, but you can also tackle things from the opposite end — by increasing your credit. Other moves Other strategies can put some polish on your credit score, especially as mortgage application time draws near. Score minimums […]
Fix your credit score so you can buy a house
Why you should fix your credit score Even if you currently meet the mortgage lender’s minimum credit score requirement, you should aim for the highest credit score possible. That’s because lenders decide your creditworthiness largely based on your FICO scores, and base your loan’s terms on your creditworthiness; this is why you should fix your […]
Establishing Credit, the Great Task
How do I establish credit, when I don’t have a credit history? Establish your credit; this is probably the most commonly asked question by most consumers looking to open a credit account. Not having credit can be just as difficult as having bad credit unless you know how to go about proving yourself to a […]
Does Applying for Credit Cards Hurt Your Credit?
Does Applying for credit cards can damage your credit scores? Just a single application may shave a few points off your score. But multiple applications for cards in a short span could suggest you are a riskier borrower than someone who applies less often. This can be especially frustrating if you are trying to build […]