When you’re buying a home, it’s important to consider the breakdown of your monthly expenses alongside the overall cost. One of the largest and most significant expenses you’ll pay each month after purchasing a home is a mortgage. Knowing how much of your monthly income you can put toward your mortgage payment will likely help … Read more
When you default on a secured loan, the lender may repossess the asset you used as collateral. If you have an unsecured loan, the lender could sell the debt to a collection agency, which could sue you to pay it back. When you default on a loan, it could trigger a range of negative consequences, … Read more
Many Americans are struggling financially due to factors such as high inflation and correspondingly high interest rates, which increase the costs of financing. And, once you get into debt, it can be hard to get out, considering that you not only need to save up enough or divert money toward the initial amount owed but … Read more
This guide is for people who have no money to pay off their debts. Use this guide to: Having debt written off can sound like a positive thing, but it’s usually not. Let’s break down what debt write-offs mean and what consequences they can have. What Is A Debt Write-Off? When a lender writes off … Read more
When you apply for a Chase credit card, Chase will pull your credit report from one or more of the three major credit bureaus – Experian, Equifax, and TransUnion. But which credit bureau does Chase use when they perform a hard inquiry on your credit? The answer depends on several factors Overview of Credit Bureaus … Read more
Compare monthly payment options from several lenders in under 2 minutes. How much would you like to finance? Having a good credit score opens up a lot of borrowing options If your credit score is around 700, you’re in a great position to qualify for competitive loan offers. But not all loans are created equal … Read more
Social Security benefits are an important source of income for many retirees. However, to qualify for Supplemental Security Income (SSI) benefits, you can only have a certain amount of cash and bank accounts. SSI recipients who are retired need to know about these limits in order to make ends meet. What are the SSI Resource … Read more
Credit scores are three-digit numbers designed to represent how likely you are to repay a lender on time. Potential lenders and creditors look at your credit scores as one factor when deciding whether to offer you new credit. Also, lenders may use your credit scores to decide what kind of credit they will give you … Read more
Imagine finding yourself at a crossroads — unemployed and concerned about your financial future. You may have heard the prevailing myth that having a job is a prerequisite for improving your credit score. However, here’s the reality — your employment status doesn’t directly impact your credit score. Still, it’s important to know that when you … Read more
Are you unemployed and looking for a no income loan? Those who need to borrow money without income verification may think it’s challenging to get a loan with reasonable interest rates and manageable payback terms, but this is just not the case!. If you don’t have a job or a pay stub from a 9-to-5 … Read more