Having to deal with the IRS can be stressful, especially if you owe money and have to pay penalties and interest. It’s a good thing that the IRS might be willing to waive these fees sometimes. You can get the IRS to forgive fines and interest by following these steps. When Can the IRS Waive … Read more
Credit scores are an important part of your financial picture because they show lenders how responsible you are with money. You may, however, find that the credit scores you see on Credit Karma don’t always match up with other credit scores you see. This might make you wonder: How far off is Credit Karma? There … Read more
If your debt is in collections, you may have wondered whether debt collectors are allowed to blacklist you. The answer? Yes and no. Debt collectors are allowed to send you letters of demand and request a judgment against you. It’s illegal for them to do this, so no creditor will lend you money because you’ll … Read more
Which One Is Better Equifax TransUnion or Experian? When applying for credit, lenders will often check your credit report from one or more of the three major credit bureaus – Equifax, TransUnion and Experian. But is one bureau better than the others? Here’s an in-depth look at how these three credit bureaus compare. The Big … Read more
The best approach to debt repayment depends on your balances, interest rates and financial goals. Prioritizing high-interest debt should save you the most moneyâbut in some cases, it might make more sense to pay off your highest balance first. When it comes to paying off debt, it usually makes the most sense to prioritize high-interest … Read more
Navigating the mortgage labyrinth can feel like a high-stakes game of chess. Youre keen to make your move towards homeownership, but what you say to your lender could tip the scales in or out of your favour. Ever wondered if theres a little too much sharing going on during those meetings?. Securing a mortgage is … Read more
In the past, certain actions like making a payment or acknowledging that you owe the debt could restart the clock on the limitations period. This created a problem where the statute of limitations could be constantly restarted. The issue is often referred to as “zombie debt. “. In 2019, changes in the law aimed to … Read more
Credit score ranges vary across creditors and score types. For base FICO® Scores, the credit score ranges are: There are many ways to figure out your credit score, but the ones that FICO and VantageScore® use have a score range of 300 to 850. A higher credit score indicates you are statistically less likely 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
As of now, you know when your loan closing will be. This is the big day when you’ll sign the papers and own your new home. It’s important to know what to expect on the day of the loan closing. This guide will tell you everything you need to know. Buying a house is an … Read more