Your lender, or another party, is the legal owner of your car while you are repaying your loan. However, you can obtain the title from your lender and fully own your car after you’ve made the last payment on your loan. The time it takes to get an updated title after submitting an application and … Read more
A few late payments are not an automatic “score-killer. ” An overall good credit history can outweigh one or two instances of late credit card payments. However, having no late payments in your credit report doesnt mean youll get a “perfect score. ” Your payment history is just one piece of information used in calculating … Read more
In a Nutshell Your income doesn’t affect your credit scores directly. However, it might still have an impact on your capacity to obtain a loan, apply for a new credit card, or make on-time bill payments, all of which could have a knock-on effect on your credit ratings. Editorial Note: Intuit Credit Karma receives compensation … Read more
Is it possible to get rid of that annoying FHA mortgage insurance? The answer varies. Let’s examine the specifics of eliminating FHA mortgage insurance and determine if doing so is the best course of action for you. Understanding FHA Mortgage Insurance FHA loans are a popular choice for first-time homebuyers thanks to their low down … Read more
Hey there, car enthusiasts! Ever wondered if you can throw down a whopping 50% down payment on your next set of wheels? Buckle up, because we’re about to take you on a wild ride through the world of car financing and explore the ins and outs of making a big-time down payment. The Lowdown on … Read more
When it comes to buying a home, the age-old question arises: cash or mortgage? While the allure of being debt-free is undeniable, there are significant advantages to having a mortgage that shouldn’t be overlooked. Let’s dive into the reasons why a mortgage might be the right choice for you, even if you have the cash … Read more
Many homeowners constantly look for ways to save money and repay their mortgages faster. Paying your mortgage twice a month as opposed to the customary once a month is one tactic that has gained popularity. But does this method truly offer financial benefits, or is it just a mortgage myth?. Ever dream of owning your … Read more
It is possible to have a 700 credit score when a default payment goes to collections. That being said, it’s not likely your credit score will stay at 700 once this happens. Credit scores tend to drop once there’s a report of collections. The anxiety that comes with having an account in collections is well … Read more
The American Express® Gold Card (Terms apply. See rates & fees) stands out in the sea of credit card options. This card boasts impressive rewards potential, particularly for those who prioritize dining, groceries, and air travel. However, its $250 annual fee and lack of additional bonus categories might not appeal to everyone. Here’s a breakdown … Read more
We have seen many cases where a lender will misplace, destroy, or lose a mortgage note. This implies that they are unable to present the note as proof of their right to enforce or foreclose on the note when a foreclosure proceeding starts. So what happens as a result of this type of situation?. Deeds … Read more