Having a good credit score is essential for getting a good mortgage rate. Before purchasing a home, make sure you... read more →
How to Live a Cash-Only Lifestyle If you have a habit of overspending, living a cash-only lifestyle may be a... read more →
Avoiding Bankruptcy Bankruptcy occurs when your liabilities exceed your assets or when you have an insufficient cash flow to service... read more →
Credit Card Interest Rate Is your interest rate not where you want it? Here’s how to lower the interest rate... read more →
Consolidating Credit Card Debt Credit card debt can be very worrisome. The average American household has roughly $16,425 in credit... read more →
Credit Counseling Credit counseling is used to help debt settlement through education, budgeting, and other tools to help reduce and... read more →
Underwriting Once a loan goes through the loan processor, it is handed off to an underwriter. During the mortgage underwriting... read more →
Bouncing a Check Financial mistakes happen. One of the most frustrating is a bounced check. A check bounces when there... read more →
What Happens When You Close a Credit Card? There are a few different reasons that you might close a credit... read more →
Credit Freeze A credit freeze, otherwise known as a security freeze, is a tool that allows you to restrict access... read more →
Your First Credit Card Getting a credit card is an important step in life. However, before applying for the first... read more →
Credit scores can range from 300 to 850. The Fair Isaac Corporation set up the first credit scoring system based... read more →
The Community Reinvestment Act is a 1977 U.S. law passed to address a discrepancy between how often low to moderate... read more →
What is a right of rescission? A right of rescission is the legal right which gives a borrower the right... read more →
In 1974, Congress passed the Equal Credit Opportunity Act, under President Gerald Ford. The Equal Credit Opportunity Act (ECOA) makes... read more →
Whenever you do something that requires pulling your credit report, such as applying for a loan, your credit report gets... read more →