Category Archives: Credit
By Pablo Gibson, financial writer for Safe Financing. Everyone dreams of owning a house of their own at some point of time in life. In order to fulfill this dream, people take out mortgage loans to purchase a house. These loans come at varying rate of interest as well as terms of repayment. There are […]
if you are a home owner hoping to take advantage of historically low interest rates for debt relief, your best hope is for a government change of policy.
For some homeowners there is the possibility of making a sound refinancing decision even when interest rates are stagnant, the homeowner does not have a great amount of equity in the home and the homeowner’s credit score has not increased significantly. You might wonder how this is possible
Home equity loans is one of the quickest, fastest and easiest way in obtaining cash for debt payments, home improvements, education, emergencies and medical expenses. However, you might think that your loan will not get approved because of your bad credit rating in home equity loans. Think again.
Summary: We learn the basics on Home Equity Loans.
Summary: Underwriters have tapped credit score as basis in deciding whether to accept or reject an insurance application. Is it unfair or not?
Summary: Interest rates are the most important aspect on your contract that you should take notice because it’s how lenders make their profit
Credit scoring is a mathematical algorithm used by credit reporting agencies like Equifax, Experian, and Trans Union, in order to come up with a three-digit number, based on information found in your credit report as compared to information found in tens of millions of other people’s credit reports.
Your credit score can make or break your way of living or lifestyle in a lot of ways. Maintaining or keeping a good credit score, especially in times of economic hardships, is really quite extraordinary.
When something drastically happens to a loan agreement the usual consequence is that the injured party will shy away from loan and credit agreement, thinking that such incidence will result to a low credit score that would result in turn a ‘no-interested’ lending party.