At some point your small business may need an infusion of cash — either to get through a slow season or to unlock a more prosperous future. For decades, your options were limited, and the loan officer at the neighborhood bank could make or break your plans. Now, the Internet has opened up the market, […]
The post Best Small Business Loans for 2021 appeared first on Good Financial Cents®.
The post Fact or Fiction? Not Having Debt Affects My Credit Score appeared first on Penny Pinchin' Mom.
Does not having debt affect your credit score? Not necessarily. When you are working yourself out from debt, you do not use credit cards. Â Or, at least, you should not use them. Â Using cash is important while you are on the path to financial freedom. After all, credit cards are the reason many people are … Read More about Fact or Fiction? Not Having Debt Affects My Credit Score
The post Fact or Fiction? Not Having Debt Affects My Credit Score appeared first on Penny Pinchin' Mom.
Debt isnât always straightforward nor is it always a bad thing. You can have a $500,000 mortgage, a couple of car loans, and $50,000 in credit card debt and still live comfortably with a strong credit score. At the same time, however, you could have a personal loan of just $2,000 that cripples you financially […]
Cancelling Credit Cards and Your Credit Score is a post from Pocket Your Dollars.
With the cost of homes steadily rising, it wouldn’t be surprising if people were looking for a way to save even the smallest amount of money on their home purchase. And between the down payment, closing costs, inspections, PMI, and more, the cost of a home can quickly add up. Paying interest on your mortgage […]
The post How Lenders Determine Your Mortgage Interest Rate appeared first on Credit Absolute.
The average American consumer receives their first credit card aged 20. For many, itâs an exciting time, further proof they have ascended into adulthood and are ready for financial independence. The delinquency rate is high on these cards, but the credit is low, often between $1,500 and $2,000, and it gives the borrower a way […]
Credit Card Debt in the United States: Trends and Issues is a post from Pocket Your Dollars.
For many first-time college students, pursing a higher education is a journey that comes with newfound responsibilities. Managing money while simultaneously balancing school, work and social obligations proves difficult for many. When embarking on educational pursuits, donât forget to keep credit scores at the forefront of financial commitments. There are many ways to go into debt as a student…. Read More
The post Life Events That Can Affect Credit: Going to College appeared first on Credit.com.
Whether youâre looking to lengthen your credit history or increase your credit score, becoming an authorized user can help establish better personal credit. And anyone with a credit card may have an authorized user added…
The post How Does Being an Authorized User Affect Your Credit Score? appeared first on Crediful.
Whether youâre done with the perks or simply need a change of service, to cancel a credit card you need to pay off any balances present on the account. From here, youâll want to make sure you obtain all rewards…
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The post How to Cancel a Credit Card in 5 Steps appeared first on MintLife Blog.
Weâve finally got some clarity regarding what happens after mortgage forbearance in terms of obtaining a subsequent home loan. The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac, announced temporary guidance regarding the matter today. Waiting Period After Mortgage Forbearance for Fannie and Freddie No wait to buy a home or [&hellip
The post There Will Be a 3-Month Waiting Period to Get a Mortgage After Forbearance first appeared on The Truth About Mortgage.
Youâd think presumably wealthy politicians like Joe Biden and Kamala Harris would own their homes free and clear. But thatâs not the case, per their 2019 tax returns. Both individuals disclosed their returns on the JoeBiden.com website, and each paid tens of thousands of dollars in mortgage interest last year. But why would they pay [&hellip
The post Why Joe Biden and Kamala Harris Haven’t Paid Off Their Mortgages first appeared on The Truth About Mortgage.