You probably think that a credit look-up is a credit look-up, right? You aren’t alone; most people think that. But there are actually two different ways that lenders can pull your credit – they can do a soft inquiry or a hard inquiry. Each type affects your credit score differently. Compare Offers from Several Mortgage […]
The Top Mistakes People Make When Settling Debts
If you are in over your head in debt, you have two options. You can file for bankruptcy or you can try to settle the debts. Typically, settling the debts damage your credit card the least, which is why many people choose this option. Looking for Current Mortgage Interest Rates? Click Here. If you think […]
Can Closing a Credit Card Hurt Your Credit?
If you have credit cards that you don’t use, you probably assume you are doing a good thing if you cancel them. After all, then you have less of a chance of getting yourself into debt again, right? Looking for Current Mortgage Interest Rates? Click Here. While logically it sounds good to cancel a credit […]
What is the Fair Credit Reporting Act?
The Fair Credit Reporting Act is the law that helps keep credit reporting agencies in line. It’s how you as a consumer know that the information reported about you is fair and as accurate as they can guarantee. This doesn’t eliminate the risk of human error, but it does eliminate the risk of malicious intent […]
Need to Boost Your Credit? Here’s How You Can Make That Happen
Interested home buyers know very well that homeownership needs effort, preparation, sacrifice, and a lot of patience. The road to becoming a homeowner comes with different challenges or hurdles. Each one needs to be overcome before the milestone actually comes true. Qualifying for a mortgage is not only limited to securing all the necessary documents […]
Creditworthiness Matters: Why Keeping Good Credit Is Important
Keeping good credit is quite relevant in today’s society especially when you’re making great purchases or investments. However, building your credit will not take a day. It requires hard work to prove your own creditworthiness. You also have to keep in mind that it’s up to you to make yourself creditworthy. You need to put […]
Buying a Home With Bad Credit
We all want to have our own house. That’s the American dream. To achieve that you need a loan. Unless you can pay for the property in full upfront, you will need to get yourself a mortgage. Your credit score is one of the most essential determining factors if you qualify for a home financing or […]
The Good Things Your Get from a Non-Prime Credit Card
It’s amazing how a plastic card can give its holder instance access to credit to buy goods and services. It gives the person the power to purchase almost everything he/she wants. Imagine what you can achieve with a credit card. However, there are certain people who can’t qualify for mainstream credit cards. They are those who […]
You Got Your Credit Card! Here’s What You Should Know
Your new credit card just arrived! Congratulations, you are now part of the 72 percent of consumers to has had at least one credit card. By now you should know the basics. But if you still have some apprehensions and you feel like you lack the knowledge on how it works, we can help you. […]