Credit

How Your Credit Score Affects The Cost Of Your Mortgage

You probably know that a higher credit score helps you get a better interest rate. But there’s more to it than that.  Your credit score directly affects the interest rate on your mortgage. The difference between a “good” versus an “excellent” credit score can save you thousands of dollars on interest. Most people know that …

How Your Credit Score Affects The Cost Of Your Mortgage Read More »

Is A Credit Counselor Right For You?

While some people do just fine with DIY budgeting, others need a little help managing their finances and maintaining healthy credit. What Is A Credit Counselor? A certified credit counselor is someone who looks at your entire financial situation and helps create a personalized plan for getting back on track.  If you work with a …

Is A Credit Counselor Right For You? Read More »

Top 5 Little-Known Facts About Credit Scores

When it comes to credit scores, there’s a lot of conflicting information out there. Check out these little-known facts to keep you informed. 1. There Are Several Types Of Credit Scores The phrase “credit score” is an overarching term used to describe how likely you are to pay your bills on time. There are several …

Top 5 Little-Known Facts About Credit Scores Read More »

Starting From Scratch? Here’s How To Build Your Credit

If you don’t have a lot of credit history, it may seem a little intimidating to get started. But starting from scratch isn’t as difficult as you might think. Understand Factors That Could Hurt Your Score Prevention is key. Once a late payment is sent to collections, this will harm your credit, and paying off …

Starting From Scratch? Here’s How To Build Your Credit Read More »

Top 5 Things That Affect Your Credit Score

How is your credit score calculated? Read below for the full breakdown. Credit can get pretty complicated because there are several different models and versions of your credit score. To keep things simple, we’ve broken down the main factors that impact your FICO score, which is the most widely used credit scoring model. Your FICO …

Top 5 Things That Affect Your Credit Score Read More »

Credit Repair Companies: How To Spot The Scams

A credit repair service can be the perfect solution for people who need help improving their credit. Unfortunately, there are a lot of scams out there. Here’s how to avoid them. Credit Repair Scams: Red Flags To Watch Out For These are some telltale signs of a credit repair scam: Asking for payment upfront before …

Credit Repair Companies: How To Spot The Scams Read More »

What Happens If My Credit Changes Before Closing?

Mortgage lenders check your credit at the beginning of the approval process, and they also pull your credit again right before closing. If the second credit check comes back the same as the first, the closing should stay on schedule. However, if the second credit check comes back lower than the first, or raises some …

What Happens If My Credit Changes Before Closing? Read More »

Scroll to Top