Since mortgage lenders are businesses, first and foremost, they need to determine ahead of time whether you are creditworthy before approving a home loan. To do this, they need to check your past credit history and look at your current financial situation to reduce your risk on what is typically the most expensive purchase a … Read more
Are you new to the business world? Are you aware of how your business credit affects your business? This article will discuss the most common myths about it and the truth behind them. Let that be your guide in determining what really matters and what doesn’t about your business credit. Myth #1: Small business entrepreneurs … Read more
As of September 2005, every consumer in the US is entitled by law to one free credit report per year. But ever since that law was passed, there has been nothing but confusion. The web sites that say they are offering this so called free credit report are asking us to give our credit card … Read more
Do you remember the excitement around your first credit card? You probably applied for a credit card when you went to college, or maybe your parents gave you some advice. Either way, you’ve had that card since your teens or early 20s and it probably isn’t the biggest card in your wallet. It may have … Read more
Understanding your credit report is not as difficult as most of us make it out to be. Ultimately, if you realize that restoring a good credit rating depends on a clear understanding of your credit report and how it legally works to your advantage, this is the first step toward success. Here we’ll walk you … Read more
You can always try to fix your credit score, but it probably won’t be an easy process, and it will take some time. The sooner you want your credit report fixed, the less frustrating you will be while waiting for a response from the credit bureaus and credit card lenders. What would you do if … Read more
no guarantor loans in uk Getting an unsecured mortgage in the UK is remarkably easy. With the increasing use of the internet, same day no guarantor loans are becoming increasingly on-line. However, unsecured loans have the disadvantage of being extra high cost compared to loans with guarantors. Also, unlike unsecured unsecured loans, you can get … Read more
One of the best ways to improve your credit score is to request a balance transfer and/or a credit limit increase. Most experts agree that the total balance on revolving accounts should not be maintained more than 30% of the total limit. The balance on any one account should not exceed 50% of the limit … Read more
Nowadays, an increasing number of US residents are struggling to pay their monthly installments on car loans. While the numbers are small, they are growing at a rapid pace. However, loan applicants are facing a lot of problems as far as making monthly payments is concerned. This has been happening more since the Great Recession. … Read more
There was a time when a bad credit score effectively meant that getting a loan was impossible. However, these days there is always a chance to turn a financial struggle around and gain a good credit rating. It is widely accepted that personal loans help people with bad credit, and provide a ladder to a … Read more