America runs on credit. At least one of the forms that lets the dealer check your credit will likely need to be filled out before you go to a car dealership. However, many people don’t know what credit score car dealers actually use. Unlike your traditional FICO score, car dealers — more accurately lending institutions … Read more
Getting calls from a collection agency is stressful. You may want to resolve the debt by paying the original creditor instead. But is this possible and advisable? Here’s what you need to know about paying original creditors versus collection agencies. What Happens When a Debt Goes to Collections? If you don’t pay a debt like … Read more
Building your dream home is an exciting journey. From choosing floor plans to picking out finishes, it’s a process full of anticipation. Because of all the new homes being built in the Triangle, building a home may be one of the easiest ways to buy a home right now. But when it comes to financing … Read more
Getting denied for a credit card can be disappointing. But it wonât technically hurt your credit scores. Neither will a credit card approval, for that matter. Some parts of the application process could affect your credit scores, though. Learn more about the process, plus ways to help increase your odds of approval. It can be … Read more
You’ve done it. Good for you! You now have $1,000 saved in your bank account, which must feel good. You don’t have to worry about checking your account balance all the time. Congrats! You’re on the right path. Now it’s time to think about some longer-term goals. What do you want to accomplish next with … Read more
In general, a personal loan refers to a small loan that borrowers can spend as they see fit. It can be useful for making big purchases or consolidating high-interest debts. Getting approved for a $50,000 personal loan is no small feat. Lenders consider loans of this size to be high-risk so you’ll need a strong … Read more
Navigating the complex world of real estate can become even more intricate when you’re grappling with questions like, “Can You Buy a House if You Owe Back Taxes?”. This is a situation where understanding the difference between tax lien and tax liability, their impact on your federal taxes, and how they affect your eligibility for … Read more
Credit Karma promises to provide you with your credit score and credit report for free. But is it giving you the same information that a lender will access if youre applying for a mortgage or a car loan? And for that matter, is it giving you anything that you cant get elsewhere?. To answer those … Read more
It’s important to know what’s on your credit report whether you’re just starting to build credit or planning to buy something big like a house or a car. Let’s explore what’s on a credit report … and how they’re used. [Duration – 3:23]. It is best to pay off loans and credit cards on time … Read more
Understanding the escrow process is important when refinancing your home. Since real-estate transactions include long, multifaceted steps, escrow agents are in place to help refinancers and lenders track and disburse money according to the agreements made. However, many are unsure of the specifics of the escrow process when refinancing a home. Here, we talk about … Read more
