Before applying for a mortgage loan, it is necessary that you do your homework very well. You should endeavour to clean your house before inviting people to come for a visit. Today, I choose to talk in parable but I will explain myself for the benefit of those who don’t understand me. When I say
Can anyone access your credit report? That is, is your credit report accessible to the general public? Or is it just accessible to you alone? In this article, those are the questions that we will try to trash out. You will agree with me that your credit report is very vital and sensitive as it
How to Get My 10 Latest Posts on Personal Finance Good day to all the readers of my personal finance blog posts. Recently, I have been thinking on how to ensure you don’t miss any of my contents. With the hustling and bustling of the week, it is possible you hardly have enough time to do
A lot of homebuyers are attracted to Federal Housing Administration (FHA) Loan for two main reasons. First, people believe that the interest rate on FHA Loans are relatively cheap especially when you consider what private loan companies charge their customers. Secondly, you don’t need to save up to twenty percent as down payment before you
Why 20 Per cent down payment on mortgage is not a bad idea. Home purchase is one of the biggest investment you would ever made as it requires a lot of cash outlay. If you want to buy a house, there is likelihood that you will apply for a mortgage loan because of the amount
Do you know that you can negotiate with your creditors? Are you owing debts that are becoming too burdensome to you? Debts can be so burdensome that it begins to make one sleepless especially if you don’t have means of repaying the debts. Collection calls can be so irritating. Any time your phone rings, you
Can debts hurt your credit history? Ordinarily, debts will not hurt your credit history, all things being equal. In fact, if you manage and pay your debt promptly, it will help you build your credit history and it will ultimately boost your credit score. Without credit, you cannot claim to have credit history. So, if
If you have mortgage that you are paying, you may be faced with situations that will make you think whether you should pay off the entire mortgage once and for all. Anybody that has a mortgage running will tell you that it is really a commitment and obligation that needs to be met every month.
Do you see it as your responsibility to cosign your child’s student loan? The need to cosign your child’s student loan may seem like an urgent and compulsory thing to do. But you need to sit down and count the cost first. Actually cosigning a student loan is fast becoming a norm in America. Why
What is Cosigner Release? Cosigner Release allows the cosigner to be removed from the loan after a set number of on-time payments and other requirements have been met. Cosigning is common with student loans especially in the case of private student loans. No lender will like to grant loan to somebody with no proof of
