Why Credit Scores Are So Important for Mortgage Refinancing

What is a Credit Score and why is it important for a mortgage loan? A credit score is a rating that is also called a fico score. This rating yields a number that reflects your level risk to the creditors. The higher the score the better your credit rating. The lower your score, the bigger [...]

Continue reading...

Debt relief programs?

My husband and I just did a major construction project on our house to make room for our five month old. Because I don’t work, but now will have to a few nights a week to help out with finances, the increase of our mortgage to cover the construction, credit card bills, student loans for [...]

Continue reading...

Does owning my house outright help improve credit score?

I sold my house before we got married and we purchased our new home outright. Does this help with credit scores at all? We have only cost of living bills, we own the house, cars, and furnishings. I don’t want to go out and make debt for the sake of raising my score. I like [...]

Continue reading...

When Your Credit Score Isn’t Really Your Credit Score

Many articles have been written about the importance of having healthy credit. And nowhere is the state of your credit more important than when you apply for a home loan. For most people, a house is the most expensive thing they will ever buy and the overall health of your credit determines whether or not [...]

Continue reading...

What You Can Do To Improve Your Credit Score

It is hard to watch television these days without hearing about credit scores. If you are not looking to get a loan or credit card, you may be wandering whether or not they are important. Your credit score is important, regardless of whether or not you plan on applying for a credit card or loan. [...]

Continue reading...

What Is a Good Credit Score

What Is a Good Credit Score How Can I Raise Mine? What is a good credit score? When you request a free copy of your credit report, you will find a score assigned to your credit history. This score will determine whether or not creditors will grant you the loan or credit that you want [...]

Continue reading...

What is a Credit Score?

Whenever you approach a commercial lender for loan, he performs a credit check on you. The loan you have applied for can be home loan, business loan or loan for your dream vacation trip. It is your credit score that will decide whether your application will be accepted or not, if accepted what amount of [...]

Continue reading...