How can I build my credit if I have no credit? This reader wants to know how to go about buying a car and a home with no credit history. Q: I'm in the process of buying my first car (researching, calculating finances) and I wanted to ask what your advice would be as I [...]
Your credit score is probably one of the most important scores you’ll ever receive. It can save you thousands or cost you thousands when taking our loans, and can even determine what kind of car you get or whether or not you can buy a home. While people often hem and haw over their credit [...]
Sometimes a mortgage lender will make a last minute request of a borrower that could have been dealt with early on in the process. Q: I got your name while doing a search on the Internet and I have a question. I was about to go to my closing for my mortgage on the purchase [...]
Last year, I found myself shopping at a major retailer. The store was having a great sale, and I found a fair number of clothes that fit me, all at an excellent price. When I was checking out, the cashier offered me a big discount if I opened up a major credit card co-branded with [...]
Having a good credit score will help you get a better mortgage interest rate. Learn how mortgage lenders use your credit score from mortgage broker Victor Benoun. You should try to increase your credit score before you apply for a mortgage. To establish a good credit score you must make your payments on time and in full every month.