Purchasing a new home is everyone’s dream and goal in life. Being able to provide a good home for the family brings such joy and fulfillment. However, when obtaining a loan for your new home, it is wise to take all possible precautions.
Financial crisis often strikes when we least expects it. Getting laid off from work, being sick, sudden increase in prices, unprofitable business- these are all common problems that can affect all of us. This is why it’s best to always be prepared while times are not difficult.
You’ve ordered a copy of your credit report and you’ve found several late payments listed under your credit history. These late payments will certainly pull down your credit score. As a result, you may find it difficult to seek approval when applying for loans or credit cards.
During financial emergencies, getting quick cash from lenders can be tough. Most lending companies require good to excellent credit history from their clients. In addition, the processing of your loan application can take weeks or even months to complete.
Once you’ve been paying off a credit card for a while, you might be offered a ‘payment holiday’. You’ll get a letter, saying that since the company knows it’s difficult for some families around Christmas (or whatever other excuse they think up), they’re offering you a month off from paying, as a ‘special present’. Why..
It’s tax season once again. When it comes to tax preparation, many of us either do it ourselves or we have a particular “tax guy” that we trust to do it for us. Is he getting you the most out of your tax money? Is he helping you save more money each year? These are..
The real estate market can be complicated. Lending companies, brokers, agents are all working hard to stay on top of the competition. They may not always look out the best interest of consumers. For instance, agents get their income from commissions on the deals they successfully close. Naturally, agents may not always look for the best interest of consumers.
