Time to break the cycle of making New Year’s resolutions we don’t keep. Instead, adopt a new credit attitude geared to making small “financial adjustments”.
Knowing where you stand with all three credit bureaus before you hit the dealership can put you in the driver’s seat – and help you get the most bang for your hard-earned bucks.
If you’re ready to be a homeowner but worried your credit scores won’t get you in the door, don’t! There are a lot of loan programs to help first-time buyers – and those with less-than-stellar credit.
Homeownership can be both a blessing and a curse. In honor of National Homeownership Month in June, we wanted to shine a light on home improvement financing to help improve your quality of life.
Knowing where you stand with all three credit bureaus before you start house hunting is key. If your credit scores aren’t “move-in ready,” getting them in shape will help you get a lower interest rate – and afford you more home.
The journey to getting your credit health in tip-top shape takes preparation and persistence. It starts with taking a hard look at where you stand and determining where you’d like to land.
If you are thinking of applying for a home equity loan, make sure you understand how your payment history on your current mortgage and your overall credit history will affect your chances of qualifying and the interest rate deals that lenders will offer you.
Simply going out and getting a secured credit card “has little or no effect” on your credit reports and credit scores. It’s how you repay your secured card debt that makes all the difference. With responsible use, you can establish a positive credit history and build your credit scores.
You want to buy a home, but you have not yet made that all-important decision: New home or existing home? Whatever the decision, having good credit scores will likely help you negotiate a better deal on your mortgage.