One of the first items addressed during the home buying process is your credit. Your credit score is an essential number that can impact whether you’ll be able to qualify for a mortgage. If your credit score falls below, 620, you’ll want to utilize some tools and programs to raise your score. As your credit score rises, different programs will allow improved and lowered interest rates for you.
Compound interest really is a great invention and a powerful force — depending on which end you’re on.
Keep these important elements of your monthly debt payment in mind. They could mean the difference between a debt-free life with a solid credit history and piles of debt with a not-so-good credit score. Read on to find out what these important elements are.
It doesn’t matter if you’re massively in debt or you’ve plateaued and don’t know how to increase your credit score anymore; here are a few simple and effective ways to improve your credit score in 2014.
While shopping online certainly saves valuable time, it’s not always safe. According to LifeLock, a leader in identity theft protection, 11.6 million Americans were victims of identity theft last year, with a large percentage of cases taking place online. Luckily, there are apps that can help prevent identity theft. With the holiday season in full swing, check out some of these apps to make sure your transactions are safe and secure.
Many don’t realize how important checking your credit score is. Your credit score can be the difference between saving money and spending additional money. In the past year about 148 million people have not reviewed their credit report at all. To help reinforce the importance of credit scores as well as the importance of checking these scores, Quizzle has created an infographic with lots of good information on the subject. Check it out!
ou hear a lot about the importance of your credit score, and that is one of the primary things lenders look at to determine if you qualify. One of things that can have a serious impact on your credit score is becoming a victim of identity theft. Realizing this negative impact, in 2003 a new law to combat identity theft was enacted: The Fair and Accurate Credit Transactions Act of 2003, more commonly known as FACTA.
A good credit score is pretty much vital in getting a loan approved, but some sites are taking alternate routes. Can social media, and the financial reliability of who you hang out with, really be a fair way of approving a loan?
College tuition has an interesting history here in the U.S. Did you know that in 1880, students were typically paying $300 per year for tuition, board and lodging? Students these days are lucky if they can find an apartment for $300 a month. As of today, students pay much more for their education than young scholars in the 1880s. Where is that money going? How much are students paying for attending school in-state versus out-of-state? These questions and much more are answered in this infographic provided by Nonprofit Colleges Online.
Despite recent reform, student loans remain extremely costly for students entering a world of high unemployment rates. Don’t fear the bill, instead take action before, after and during higher education. Check out the following sites that offer insights into different student loan issues.