Its commonly known that the better your credit reports and credit scores, the better interest rates and terms youre likely to get from lenders and other service providers. Solid credit reports and scores indicate a lower level of credit risk, which can cause lenders to feel more comfortable offering attractive terms. If you have poor … Read more
Millions of people in the UK are struggling with personal debt. It’s more important than ever to understand the size and effects of personal debt in a time when living costs are going up and the economy is uncertain. This article will give you a full picture of the latest data and trends on the … Read more
How Long Does FHA Underwriting Take in 2021? What You Need To Know Some steps in the FHA loan process take a long time. One of the longest is often the underwriting process. If you want to buy a house in 2021, you may be wondering how long FHA underwriting takes. During the underwriting process, … Read more
Paying off your mortgage can be a game-changer for your financial health and overall financial confidence. Data collected by NASDAQ suggests that while only 28% of homeowners below retirement age have paid off their homes, nearly 63% of those 65+ have done so. These statistics highlight Americans’ importance in entering retirement with freedom from what … Read more
In the past, making a payment or admitting that you owed the money could start the clock on the limitations period all over again. 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
Getting a house is probably one of the most important financial choices you’ll ever make. Finally, your credit score is a big part of whether you can get a mortgage and what the terms of the loan are. One of the most important things to know before you buy a house is what credit score … Read more
You could hurt your home loan application by taking on new debts, changing jobs or otherwise calling your financial stability into question. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are … Read more
If you already have a credit card, itâs possible to get another card from the same issuer. It may even be preferable to you. As you explore your options, itâs worth looking at rates, bonuses, fees and rewards. Learn more about having two credit cards from the same issuer and some things to consider before … Read more
Here’s a little-known tactic for helping you get out of debt: biweekly credit card payments. A quick and easy way to get out of credit card debt and make sure you never miss a payment is to pay your bill every two weeks. Say you owe $5,000 on a credit card with a 17% interest … Read more
Life happens and sometimes you find yourself in a financial rough patch, unable to pay your bills. In the end, those bills may be sent to collections, where a third party will try to get the money back for the original creditor or business. If you have unpaid collections, you may be wondering about your … Read more