How To Get Home

It is important to think of good credit as a journey and not a destination. Good credit is important because the higher your credit score, the lower your interest rate will be. Building a better credit report takes time, but it is worth all of the effort it will take. There is no better resource […]

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It does not get much worse than foreclosure. Think of it as the worst case scenario that both you and your lender want to avoid. Nobody wins in a foreclosure situation. The mortgage company has no choice once a borrower gets so far behind in their payments and is forced to initiate the legal process […]

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According to the Department of Justice, identity theft is passing drug trafficking as the number one crime in the nation. Victims spend an average of 330 hours recovering from this crime over 6 months. The University of Indiana reports that 14% of phishing scams are successful. With an estimated cost to US businesses and consumers […]

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Make no mistake about it. The evolution of credit scoring has helped consumers. The system was designed to give lenders a faster, unbiased idea about the risk associated with making a loan to someone. Think of it as a measure of a person’s credit worthiness. How exactly is the score calculated? There are […]

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In most cases, subprime loans are for borrowers with impaired or limited credit histories. This has been one of the fastest-growing parts of the mortgage industry. Over the last few years, subprime lenders have helped open the door to home ownership for many borrowers who might not have otherwise qualified for a home loan. These […]

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There are a lot of great websites to help you manage your personal finances. If you are having trouble keeping up with your monthly bills, give some serious consideration to asking for help. In most cases, once the late fees, penalties, and increased interest rates kick in, a bad situation can get out of hand […]

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