Since we have been in the planning mode ourselves, we thought it might be helpful to put together a list of some things that you might want to do before the year comes to a close. Some of these may not apply right now, but they could also be things that you schedule for next year. Hope you find this list useful. Oh, and if you need a great referral to help you with any of these, don’t hesitate to ...Continue Reading →
If you are considering purchasing a home and you have student loan debt, consider speaking with a mortgage professional as a starting point. There are all kinds of rules around how these are treated when it comes to qualifying for a mortgage. How your student loans are structured or in what stage of repayment they are in may dictate what type of loan program you will qualify for.
For example – most people incorrectly assume that if your loans ...Continue Reading →
We assist people with understanding and improving their credit scores with great regularity. One of the questions that comes up frequently is why credit scores go up and down so frequently? Credit Scores are made up of five main components.
The first is making your payments on time (35% of your score). If you make, even one late payment in the very recent past, your score will drop dramatically. The second component is called your utilization ratio ...Continue Reading →
If you have had credit challenges in the past, beware of unscrupulous companies that promise they can solve all your problems. Far too many take advantage of you. They typically will charge you an upfront setup fee and then a monthly charge for as long as you remain a client. Most of them just take the “shotgun” approach and dispute every negative item on your report, every month. The credit reporting agency is then required to ...Continue Reading →