Category: Ten into 20!
Applying for credit, i.e. buying a house, a car loan or a new credit card, can generate anything from complete panic to complete indifference. Most of us however are unable to describe what methods a bank uses to approve or deny our credit application. This scoring system will give you an idea of how lenders evaluate your [...]
Working a qualified financial planner can help take some of the pain out of having to figure out the best ways to invest and save your money, and to protect your family’s financial future. However the partnership should be one that you are comfortable with thus you should screen them as carefully as you would [...]
The Basics – Part 2 Does the formula treat all credit inquiries the same? No. Research has indicated that the FICO score is more predictive when it treats loans that commonly involve rate-shopping, such as mortgage, auto and student loans, in a different way. For these types of loans, the FICO score ignores inquiries made in [...]
There are many unanswered questions relative to one’s FICO score. Over the next couple of weeks, I’ll be providing basic information that will guide you toward a more realistic approach to improving your score. Credit building is NOT an overnight process. It can be done with proper budgeting, management, and milestone approach. Be leery of anyone or [...]
Recently gas prices have been rising on an almost daily basis, so what can you do to help your pocket survive: 1) Check the web dor deals. Use the Internet to find the cheapest gas near you. Some sites, such as Thorntonsinc.com, will even offer text messaging capabilities, where they will send you a text [...]