Getting approved for a $500,000 business loan may seem out of reach for many small business owners. However, with the right preparation and approach, securing financing at this level is possible for established businesses with strong financials. We’ll show you step-by-step how to get a $500K business loan in this detailed guide. Determining If You … Read more
You can either move the slider or type into the field below to adjust your approximate value. 0 Please provide valid property value What is your best estimate of your propertys value? MORTGAGE BALANCE Please provide valid mortgage balance What is the remaining balance on your existing mortgage? INTEREST RATE Please provide valid interest rate … Read more
The IRS usually has 10 years from the date they assessed your tax to get the money back from you, along with any penalties and interest. This time period is called the Collection Statute Expiration Date (CSED). A variety of laws affect the CSED. More than one action or situation can change the collection period. … Read more
Roughly 66% of cars financed go to borrowers with scores of 661 or higher, but those with lower scores have options. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their … Read more
What’s the difference between a draw period and a repayment period? This is one of the most common questions lenders get about home equity lines of credit, or HELOCs. And it’s easy to see why—there’s a lot to understand! Let’s go over some of the most common questions. A home equity line of credit (HELOC) … Read more
Stilt is an online lending platform that helps people with international student visas and people who are new to the United States get loans. A question that many people have about Stilt is “What bank does Stilt use?” As an online lender Stilt partners with banks to provide FDIC insurance on deposits and originate loans. … Read more
The process of getting an FHA loan to buy your dream home can be both exciting and stressful. When you buy a house for the first time, you probably have a lot of questions about when things will happen and what to expect during the approval process. In this comprehensive guide, we’ll walk through the … Read more
How long you keep your bank statements depends on the type of account and how you receive your bank statements. Most financial institutions provide electronic statements through online banking and make them accessible for years. Wells Fargo, for example, keeps deposit account statements for up to seven years. Check with your own bank or credit … Read more
âBeginning in early 2023, all medical debt with an original owed balance below $500 will be removed from credit reports. If your outstanding bills meet this requirement, it could be worth waiting until the change occurs to begin shopping for a home. A lot of Americans have trouble paying their medical bills because of how … Read more
Paying off collections could increase scores from the latest credit scoring models, but if your lender uses an older version, your score might not change. Regardless of whether it will raise your score quickly, paying off collection accounts is usually a good idea. Although it’s possible that paying off a collection account will raise your … Read more