You may want to cancel a credit card to cut back on your spending or to stop paying the associated fees. Before you cancel, consider how ditching that credit card could impact your credit score and finances. Hey there, family! You’ve come to the right place if you want to know “how much does your … Read more
Ever wonder what it takes to get one of the world’s most coveted credit cards? The best credit cards are a sign of wealth and often come with a lot of perks that most people can only dream of. However, it is very difficult to get approved for one of these cards. The fascination with … Read more
Hey there, fam! If you’re sittin’ there wondering, “Can I get a car loan with a credit score of 500?”—I’m here to tell ya straight up: Yes, you can. But, lemme be real, it’s gonna be a bumpy ride. A credit score of 500 is deep in the “uh-oh” zone, and lenders look at ya … Read more
Your debt-to-income ratio (DTI) is an important part of how mortgage lenders evaluate your financial health. DTI ratios represent how much debt you have compared to your income. It’s important to know your DTI as you consider buying a home. If your debt is higher than your income, you might want to pay it off … Read more
You can pay off your car loan faster using several strategies, including refinancing your car loan, making biweekly payments, putting money toward extra lump-sum payments and canceling add-ons. If youre anxious to remove your auto loan from your list of debts, there are ways to do it more quickly. You can pay off your car … Read more
There are many self-service payment plan options available from the Internal Revenue Service for taxpayers who can’t pay their full debt. However, it might be beneficial for taxpayers to explore non-IRS options depending on their financial situation. Regardless of how someone pays, they should act quickly because tax bills get larger as long as they … 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. When navigating the crowded field of 1. 5% cash back offers, two almost-identical credit cards … Read more
Any negative mark on your credit can impact your score and reduce your chances of qualifying for a mortgage. This is especially true if you have debts that are late (past due), charged off, or currently in collections. But the reporting of these derogatory accounts doesn’t disqualify you from getting a mortgage. You are still … Read more
You’ve started the process to buying a home. You’ve met your lender and have been preapproved. You’ve picked a house and the seller has accepted your offer. You’re well on your way to living in your new home – there can’t be many more hurdles, right?. Often, this is true. However, when financial situations change … Read more
You may feel confused about mortgage underwriting because you’ve heard it takes a long time and is hard to understand. But that shouldn’t give you cause to worry. We’ll help you understand everything about mortgage underwriting, including how you can prepare to be ready for every step of the process. Getting a mortgage to purchase … Read more