More stories

  • ,

    Learning to Talk about your Credit Information like a Pro

      To people who aren’t really financially inclined, the entire field of credit scores and credit reports can be difficult to understand – even downright contrary. It isn’t an accessible thing the way credit information works. That is probably half the reason why you get to come across so many myths in this area.   […]

  • ,

    A Definitive Guide on Reverse Mortgages

      A reverse mortgage is a process through which a loan is made available to senior citizens against their home equity. Unlike conventional mortgage or other traditional methods of loan, there is no income or credit requirement to obtain reverse mortgage loan. The repayment of the loan is deferred till the death of the individual, […]

  • ,

    Is it time to find a remortgage?

      There are two likely situations in which you might find yourself looking for a remortgage. You may be coming to the end of an existing mortgage deal, in which case you have a choice of automatically moving onto your lender’s SVR (Standard Variable Rate) or remortgaging to a new deal.   Secondly, you might […]

  • ,

    Credit Protection: What It Is and Why You Need It

      Credit protection is a term used to cover services that helps protect your credit health. It helps you track your credit activities. It also informs you if there are unauthorized changes in your accounts. It works to monitor and guard you from activities that might have a bad impact on your credit score. You […]

  • ,

    Credit Expert Advice

      A wise man once said: “You don’t know what you’ve got until it’s gone.” When it comes to credit repair, the credit expert says that goes double. The easy advice is to avoid going too deeply into debt, and always make your payments on time. Unfortunately, fate sometimes gets in the way of those […]

  • loan

    ,

    The Dummy Guide for Understanding APR

      APR (Annual Percentage Rate) is a simple financial concept to grasp, however, calculating your APR is a much more difficult task. APR is the interest rate you are signed up to pay when dealing with credit and loans. Taking that interest rate you receive and dividing it by 365 (the number of days in […]

  • ,

    How to Get a Loan With a Poor Credit Rating

      Poor credit scores are normally the sign of poor fiscal management by an individual. Lenders and banks use your credit score to determine whether or not you are dependable enough to borrow money to. They know a poor credit score means that individual hasn’t always been the most trustworthy with their credit accounts. Perhaps […]

  • insurance

    ,

    Credit Insurance: Is It Worth It? The Pros and Cons

      If you’ve ever purchased anything from a car to an oven, you’ve probably been offered a choice of getting credit insurance. You might find yourself asking, what is this? Is it worth it? What can I get from this?   The salesperson might not have explained it thoroughly to you, you might have been […]

  • credit inquiry

    ,

    Credit Inquiries

    When it comes to Credit Inquires one must understand that there are two different types of inquiries. One type of inquiry will negatively affect your score, although not by too much, the other one will not affect your score. Knowing the difference between the two will help you better understand the often misunderstood topic of […]

  • ,

    How Long Do Negative Items Stick to your Credit Report?

      Negative information on your credit report can be reported for up to seven years, but sometimes longer if it is serious. The length of time noted in these bullet points means from the start time of your late payment or delinquency, not the last time you made a payment on the amount. Some collection […]