Are you trying to repair your credit? Are you considering a major credit application such as a car or truck loan? Don’t make these four credit mistakes and you will get much better results from your efforts to get a better FICO score.Some credit fundamentals are fairly obvious; pay on time, every time to raise your credit scores, don’t carry credit card balances close to the maximum, and checking your credit report on a regular basis. But … [Read more...]
Should I Refinance My Home Loan?
Should I refinance my home loan? That is a question many homeowners ask. And it's a question that is especially relevant when news headlines at CNN Money and elsewhere reflect a trend toward lower mortgage loan interest rates. When rates go down, the ability to refinance into a lower mortgage interest rate is very attractive, but who should consider making the jump?The United States Federal Reserve Board weighs in on this question on its’ … [Read more...]
What You Need to Know About Credit Repair
Credit repair is a confusing issue for some consumers. If you don't consider fixing your credit before a major loan application, you may learn the hard way about one of the most important steps in the credit approval process: checking your credit report before applying.Lenders offer more competitive interest rates and lower down payments to those who have the right credit scores.Are you ready to apply for a major line of credit? If you do … [Read more...]