The decision as to whether you secure financing, as well as your corresponding rate assignment, is based on two important factors: your credit score and the details listed on your credit report. Before you apply for a mortgage, auto loan, or other big-time financing, it’s critical, then, to conduct a review of your credit profile…. Read More
Fewer Americans are taking a vacation this summer compared with last year, and we’re making more efforts to save money in general…
A reader in Dallas wants to know the number of credit cards one should have in order to achieve the most credit score points. Is there a “magic number?” In short, there is no single “magic” number. It will depend on whether there is a credit attribute in the score that evaluates the number of… Read More
Here are some of the substances that you could end up filling your gas tank with in the next several years, and they could be cheaper than gas, auto analysts say.
Many merchants large and small have recently made the decision to reduce the amount of credit and debit card transactions they will accept because they feel that the payment processing networks charge too much for doing so, according to a report from the Los Angeles Times. Typically, these fees can add up to as much… Read More
Student loan balances recently surpassed credit card debt for the first time in history, with young adults graduating with an average of $24,000 in loans. Under so much financial pressure, some may consider loan consolidation. Before taking that step, however, it’s important to weigh the pros and cons. Pros 1. Consolidation allows you to lock your loans… Read More
The latest statistics from the Warren Group, a Boston-based real estate tracking company, showed the total number of homes seized for nonpayment in the Bay State slipped to just 454 in May, according to a report from the Boston Globe. This was a drop of 65 percent from the 1,294 observed during the same month… Read More
The total number of mortgage applications filed in the U.S. for the week ending June 24 fell 2.7 percent even as interest rates dropped for both 15- and 30-year fixed-rate loans, according to the latest weekly statistics from the Mortgage Bankers Association. The largest decline was seen in the number of applications for new purchases,… Read More
Your morning coffee may do more than wake you up. It might help you save, too.
When you open a new line of credit, you enter into a contractual agreement with the lender to whom you will pay back the borrowed money per the terms of the loan or credit card. If you miss payments, the lender will usually try to work with you directly in the early stages of missed… Read More