Posted by Goody on 09/23/08 in Finance
The lender will be able to offer you higher amounts than the amounts he is able to offer tenants and non-homeowners.
When looking for finance, there is a problem that rises every time you need higher loan amounts. There are always credit limits that may restrict your ability to obtain the funds you need due to different reasons that may include bad credit, lack of collateral, income requirement, etc. However, if you are a homeowner and even if you do not use your property as collateral, you can bypass these limits at least for a fair amount.
This is a preview of
Homeownership: A Way Through The Loan Amount Issue
.
Read the full post (567 words, estimated 2:16 mins reading time)Share This
tag this | permalink | trackback url | comments(0)
Posted by Goody on 07/13/08 in Finance
What is credit scoring and how it affects you financial life.
There is not just one credit score formula, there are several. Each is slightly different and your score may depend on the type of loan you are seeking. Credit score formulas are proprietary and often closely guarded secrets. In addition to the purchasable credit scores offered by these companies, simulators powered by the leading credit scoring services are available online to give you an estimate of your credit score.
Share This
tag this | permalink | trackback url | comments(0)
Posted by Goody on 06/25/08 in Finance
What exactly is credit? How does it affect my life? Its amazing how few of us actually take the time to find out about credit. Whether we like it or not a great credit score in the 700+ bracket alongside a super credit history makes our life a lot less expensive. If you are thinking of getting a loan, read this article first.
This is a preview of
5 Powerful Tips: How to Get a Bad Credit Loan
.
Read the full post (716 words, estimated 2:52 mins reading time)Share This
tag this | permalink | trackback url | comments(0)
Posted by Goody on 06/24/08 in Finance
At this stage in the game I think we all understand that knowing what our credit score means is important. But what if you’re in the mid-credit score range. For instance a popular question asked “is 700 a good credit score?” Knowing your credit score is just not enough anymore, you must analyze what it means.
Most of us know what our credit score it. Let’s face it, how could you not know? But so what? what does that number mean? Many American’s have asked “is 700 a good credit score?” Well, it’s time to find out.
Share This
tag this | permalink | trackback url | comments(0)
Posted by Goody on 06/5/08 in Finance
When you are ready to buy a home you need to be sure that you choose a lender that fits your needs. It’s a good idea to actually shop the competition a bit to see what you can get from each lender.
Before you buy a home or think about buying a home you may assume that all lenders are the same. The fact of the matter is that there are a lot of different lenders out there and they all offer something just a little bit different.
Share This
tag this | permalink | trackback url | comments(0)
