When looking at the ever-so exciting world of non-cash payment options, you basically have two widespread options nowadays: paper and plastic. It’s pretty obvious that one of those is more popular than the other, but make no mistake; the paper check isn’t dead yet, not even close. That’s because there are certain situations that simply [...]
Whether you are considering refinancing your existing mortgage or you are buying a home, it is a good idea to find out what your credit score is because that can have quite an impact on the rates you will be offered.
Low credit score: High rate
When a loan is being underwritten, lenders focus in on the amount of risk they are assuming [...]
When a credit score is severely damaged by unemployment, overspending or a catastrophic event, the effects can be numerous. Debtors find themselves with higher insurance rates, rougher job searches and poor housing options. These factors can make it more difficult to get finances under control, as a poor credit score can also cause vari [...]
With interest rates at historic lows, many homeowners are taking this opportunity to refinance their existing mortgages. Some are simply extending the term of their current fixed rate mortgage, others are migrating from an adjustable rate mortgage to a fixed rate mortgage and still others are looking to extract equity from their homes t [...]