Checking vs. Savings Accounts – What’s the Difference Between Them
Checking and savings are the most fundamental accounts of money management. Learn the differences, key features, and what you need here.
down payment
Tips & Tricks to Save for a Mortgage Down Payment
Most people shy away from purchasing a home because of the down payment, a sizable amount that has to be paid upfront. Typically Lenders requires you to pay a down payment of between 10% and 20% of the homeâs purchase price. The down payment can also be as little as 3.5% with an FHA loan, […]
The post Tips & Tricks to Save for a Mortgage Down Payment appeared first on Credit Absolute.
More Americans With Bad Credit Are Getting Auto Loans
As the economy has improved, lenders are increasingly giving auto loans to consumers with low credit scores. In a review of second-quarter automobile financing, credit bureau Experian outlined year-over-year changes in the market. Overall, outstanding loan balances increased $69 billion from the second quarter of 2012 to about $751 billion. When looking at the year-over-year risk distribution… Read More
The post More Americans With Bad Credit Are Getting Auto Loans appeared first on Credit.com.
5 Things to Know About Your Money After College
Too much financial advice is about pulling yourself up out of hardship. Iâm glad it exists; people in a money hole need a way out. But wouldnât you love to skip the hole-digging and get right to the having your life together part? Your early 20s is a key place to set a financial foundation. [â¦]
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
How Does a Credit Score Affect your Mortgage Rate?
Among the things that lenders look at when you make a mortgage application is your credit score. It determines whether you qualify for the loan or not. It also plays a big role on the principal amount and interest rates. Typically, a high score translates to healthy financial management hence lower risk of defaulting. This […]
The post How Does a Credit Score Affect your Mortgage Rate? appeared first on Credit Absolute.
Getting an RV Loan: What You Should Expect
An RV’s steep price tag means lenders may have stricter requirements, such as a higher credit score and additional documentation, for borrowers.
Facts About Using a Co-Signer on a Mortgage
If you’re thinking about buying a home with a co-signer, be sure you know what that means for both you and them.
Living Expenses: What Are They and How Do I Budget for Them?
Among all the awesome things that come with adulthood, so too come the regular expenses: rent, car insurance, and groceries to name a few. Whether youâre providing for yourself or a family, itâs important to be aware of the various…
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The post Living Expenses: What Are They and How Do I Budget for Them? appeared first on MintLife Blog.
10 common money myths debunked – Lexington Law
When it comes to financial matters, you canât believe everything you hear. Learn the truth behind 10 common money myths with Lexington Law.
The Pros and Cons of Renting Out Your Mother-in-Law Apartment
Also known as secondary units, these spaces can be handy when family visits or moves in. But if you’re not housing relatives, you can still put the unit to work.