A County Court Judgement (CCJ) can make it harder to get a mortgage. CCJs show up on your credit report and let lenders know that you haven’t paid a debt in the past. This makes lenders less likely to give you a mortgage, which makes sense. However, it is still possible to get a mortgage … Read more
A mortgage is the biggest debt most people will take on in their lifetimes. Paying off a mortgage can take many years, with a standard 30-year term being common. However there are differing opinions on when is the optimal time to aim to pay off your mortgage. Here we’ll examine the key considerations around what … Read more
Dealing with credit card debt in collections can feel overwhelming. Whether its due to financial hardship, unexpected expenses or a moment of oversight, unpaid debts can lead to aggressive collection calls, damage to your credit score and a cloud of financial uncertainty. Thats why the conventional wisdom often suggests paying off all debts as quickly … Read more
Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own. Whether you’re looking for your first credit card or your wallet is already bursting with … Read more
One of your top priorities when buying a house is probably having enough cash on hand to make a down payment. You may wonder how much you need to save for a down payment or if buying a home without one is possible. We’ll look at the typical down payment requirement for different loan types … Read more
Our approach to retirement has changed; were enjoying longer life expectancies and our expectations of this time has shifted considerably. It’s no wonder more people are considering property wealth as a tool to fund their retirement. After all, there could be more equity in their homes than cash in their pension pots. While your clients … Read more
A hardship withdrawal is an IRS approved removal of funds from a qualified retirement plan because of an “immediate and heavy financial need. “. What is a hardship withdrawal? It lets you take money out of your 401(k) or IRA before retirement age without having to pay the usual early withdrawal penalty. But the IRS … Read more
Because we live in the digital age, it’s not hard for debt collectors to find people who have fallen behind on their payments. Debt collectors can almost always find information that helps them get in touch with people whose payments are past due. This information can be found anywhere, from DMV and utility company records … Read more
In this post, we’re talking about mortgage rates and if you can qualify if you have a late mortgage in your payment history. This is a situation that happens to a lot of folks, and we get calls all the time asking this question. In short, absolutely. It’s still possible to get a mortgage if … Read more
The payment for a 30-year loan could be anywhere from $1,499 to $1,834 per month, depending on the interest rate. Before getting a $250,000 loan, you need to think about payment plans, taxes, closing costs, interest, and more. Editorial disclosure: Our goal is to give you the tools and confidence you need to improve your … Read more
