Learn how to get your credit score, how it is calculated, and what you can do to improve it. Improving your FICO credit score by even just a few points can make a big difference in your ability to get approved for loans and credit cards at favorable interest rates. If your goal is to … 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
There are a lot of people who love the Capital One Quicksilver card because it gives cash back. With no annual fee, unlimited 1. With 5% cash back on every purchase and a $200 sign-up bonus, it’s easy to see why people would want to use it. Would it be easy to get the Quicksilver … Read more
For Americans getting close to retirement age, paying off the mortgage after 30 years was a big deal. But these days, it’s not the norm for people to do that. According to research from Fannie Maes Economic and Strategic Research Group, baby boomers, those born between 1946 and 1965, are carrying more mortgage debt than … Read more
This is a normal part of the debt collection process. It applies to most common types of consumer debt including: Falling behind on debt payments can feel like an endless nightmare. As soon as you deal with one debt collector, your debt seems to get sold yet again to another agency. It leaves you wondering … Read more
Answer: When you are applying to buy a car, the finance department will determine the terms of your loan. Once they’re sure you agree to the terms, they’ll send your application to three or four lenders so that they have to for your business. Your application will probably be sent to more than 4 lenders … Read more
Having a strong credit score is crucial for getting approved for loans and credit cards with good terms. But not everyone has excellent credit. In fact, a significant percentage of Americans have lower tier credit scores. If you have bad or fair credit, understanding what a tier 4 credit score is can help you figure … Read more
When you buy a house, closing costs can be several thousand dollars. And coming up with the cash isn’t always easy. It makes sense to put closing costs on a credit card to avoid a sudden financial hit. But can you pay closing costs with a credit card?. Generally, the answer is no. Most mortgage … Read more
There are certain expenses we all anticipate each month. If you own a home, one of these regular payments is likely for your mortgage. By default, mortgage loans are repaid monthly in 12 equal payments throughout the year for the duration of your loan term. However, by making a small change in how and when … Read more
It can feel like you always have money in your wallet when you have a credit card. Being able to swipe for anything you want, whenever you want, sounds great. But does a credit card really give you unlimited money? Let’s look into the truth about credit card spending power. As someone who has had … Read more