How Credit Scores Work and Ways to Improve Yours

As credit has become more easily available in our society, your credit report, and subsequently your credit rating, has become more important in your every day life. Your credit rating affects all aspects of your finances when it comes to borrowing money, especially when it concerns real estate.

“High-Risk” Renters to Get a Credit Rating Boost

Renters who have a good history of paying their bills on time may be about to benefit from a boost to their credit rating. A recent reports suggests that timely rent payments will now taken into account when calculating credit scores, giving a boost to renters who make it a habit to pay their rent on time.

Is Your Income Enough For a Mortgage?

One of the biggest problems being faced by both potential buyers and homeowners seeking to refinance is being able to prove that they have enough income to be able to meet the payments.

Most Strategic Defaulters Have Great Credit And Few Debts

Earlier this week, I happened to stumble on a great article by Justin McHood who wrote about an emerging trend amongst homeowners – “Buying and Bailing”, wherein they take advantage of the fact that property prices are lower than ever, by buying a new home and then walking away from their current, underwater home. Justin’s

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