Archive for March, 2017

Really? Repair your credit score!

Wednesday, March 29th, 2017

What is this credit score deal about? What credit level do you have? How much can it cost you by having a low credit score. Credit number is important because it reveals your financial behavior about money you borrow and pay back. Credit score represents to a lending institution a measure of your past financial responsibility and creditworthiness. The score level of your credit can be […]

5 Ideas to Boost your Credit Score

Monday, March 6th, 2017

Some people turn out to be more successful in money management than the others and consequently, they can benefit from their high credit scores. Actually, it is very profitable to have a high credit score, because there are situations in which it saves a lot of your money – for example, borrowers with good credit […]

Savings account influence your credit score?

Monday, March 6th, 2017

You may have heard this great news that opening an account in a certain bank will improve your credit score. It would be really great if we could improve our credit scores by opening an account alone, yet it is not so easy unfortunately. Actually, it can help, but in an indirect way rather than […]

10 facts about credit scores you should know

Monday, March 6th, 2017

Probably all adults in the United States have at least encountered the term “credit score”. Quite a big part of your life depends on this three-digit number. For instance, a successful purchase of a new house, car or being accepted in a new job may be a result of your previous financial decisions and actions […]

Is it possible to receive a mortgage when your credit score is 580?

Monday, March 6th, 2017

A low credit score does not disqualify you from the struggle for your own home. FHA mortgages are available also for clients with a credit score as low as 580. Nevertheless, the average score of the approved mortgages is 686, so is there still hope for poor score borrowers? Good news: yes, there is. And […]