Unexpected repairs to your home… they always seem to come at a bad time, right? You either don’t have the money for them or have the money for them but the money is designated to something else… either way you look at it, unexpected home repairs are so inconsiderate of your time and money.Before you became a homeowner, you probably paid rent somewhere, whether it was in an apartment or rental property. As a renter, you didn’t have to worry … [Read more...]
What Parents Need To Know About Student Loan Debt
What do parents need to know about student loan debt? There are several areas to be mindful of, especially if a parent is contemplating acting as a co-signer on a student loan. These range from preventive measures (starting the application process as early as possible) to future planning (the timing of your financial commitment to a child’s student loans). Student Loan Debt: Planning Counts Schools and government agencies often have a finite … [Read more...]
Don’t Make These Four Credit Mistakes
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: always pay on time to raise your credit scores, don’t carry credit card balances close to the maximum, and check your credit report on a regular basis. But after these … [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...]