Mortgages and Your Home Articles
Trigger Leads – What Happens When A Lender Pulls Your Credit Report?
Something for you to be aware of as you continue your home shopping. For a long time, the 3 main credit bureaus (Equifax, TransUnion, and Experian) have been selling your information to marketers. Those pre-approved credit card offers you get in the mail are the result of data purchased from these agencies. This is not a secret to anyone – been going on for years. Recently, these 3 agencies have rolled out a ...RIP Washington Mutual – A History of Ashes to Ashes
As Ira Hill Case looked out his soot-stained window, the view as far as he could see was ruin, darkness, destruction, and ashes – and he certainly must have wondered why he had been called here. Ira had a place to do his work – a single desk on the second floor of a downtown office building which he shared with a dozen other businessmen representing a dozen other businesses. But Ira was ...Using a Second Mortgage to Consolidate Debt?
Debt for many Americans is out of control and with all the turmoil in the mortgage markets, does it still make sense to consolidate debt using a second mortgage? The answer is: “Yes” for some people, “No” for some people, and “Maybe” for other people. So, which “people” are you? Let’s look… But before determining whether this is a good financial strategy for you, be aware that you may not qualify ...Latest Articles
“SAFETY NET” Credit Scoring Factor
Lenders and credit card companies use your credit score to help determine how likely it is that you will pay back the money they lend ...
How Many Credit Accounts Should I Have?
Many people ask me, “How many credit account should I have?” I could give you a “Well, it depends...” kind of answer, but you ...
Need Cash? Try an “Income Blitz”
If you HAD to earn a bunch of money in a short amount of time, could you? Let’s say a friend, a family member, ...
They ARE Plotting Against You – Watch Out For Universal Default!
Almost all credit card companies have adopted the policy of Universal Default. So what is Universal Default? This is the legal right for them to ...
Universal Default – Yes, They ARE Out To Get You!
Read the fine print of virtually EVERY credit card agreement these days, and you will find a hard to understand clause called “Universal Default”. ...