Credit repair and Collection agencies

Credit repair and Collection agencies

Credit repair and collection agencies go hand in hand since one is out to get the other. In other words, we sometimes run from our debts taking advantage of a kind gesture. Collection agencies are not as kind as the lenders so, therefore, be a warning…the collection agencies are on the loose. Understand how collection […]

Importance of your credit score for loans

Importance of your credit score for loans

Why your credit score matters to loans Importance of your credit score for loans for your mortgage, Your credit score helps lenders determine your ability or inability to repay the mortgage (and, subsequently, their risk). Lenders also examine your debt-to-income ratio (DTI), the percentage of monthly debt obligations relative to how much income you bring […]

Apply for a house with good credit score

Apply for a house with good credit score

Strictly speaking, you don’t need a credit score to buy a house. If you’re paying cash, no one necessarily cares if you have good credit. However, if — like most aspiring American homeowners — you’ll need financing, then a credit score is a concern. Your credit score is one of the most important factors lenders […]