People with bad credit often find it nearly impossible to get a loan with a realistic repayment term and interest rate. Financial institutions such as banks, etc., are typically reluctant to lend money to people with bad credit as it carries the risk of default; subsequently lenders may end up losing money due to non-repayment […]
Reserve mortgages have a very bad reputation among the old generation. The main reason behind such a repo is misleading and incomplete information about the reverse mortgages. This article is going to help you to bust the myths that reverse mortgages are bad.
Debt consolidation refers to the act of getting a new loan to pay back previous liabilities and other debts. In debt consolidation, different unsecured loans are consolidated into one single amount of loan with favorable payment terms. Favorable terms may include lower interest rate on loan or lower monthly fractions of payment.
Maintaining Work-Life balance in this modern world The term work-life balance is used to refer to a state of good equilibrium between time spent at work and away from it. The younger generation is especially besotted by this concept as they have seen the hectic and overworked lives of their guardians and parents. Modern technology […]
We all know that getting a loan approved, needs a good credit score. Credit scores are what lenders use to check a possible debtor’s capability to pay back a loan. What do you do if you have a bad credit score? Can you still get an application? You may even get approved, but realistically speaking, […]
Currently, mortgage interest rates are at their lowest in history. The average fixed-rate mortgage for 30 years had touched a high of over 6.70 percent just prior to the 2007 summer of the Great Recession. As of the end of May in 2019, the average mortgage rate dipped to just below 4 percent. This has […]
Most of us like to travel and check out the awesome attractions around the world. Some travel with family or friends while there are many who travel alone. Most of things that we verify when travelling abroad are the plane tickets, lodging, food, tours, sights and sounds, and transportation, etc. We are especially careful about […]
Credit Repair usually comes into play when as a borrower, you find that you are denied credit. In other words, you could be turned down for a mortgage, an auto loan or even a credit card. The reasons that are instrumental in damaging your credit can be many, viz; not making regular payments, maxing out […]
Have you ever thought about the value and significance of credit score? Do you know that credit score is a lot more valuable? It is not just a number, but is something on which many things depend related to loan approval. A 700 credit score is considered to be a good one in normal circumstances. […]
Mobile banking due to its increasing convenience that it offers to customers is fast becoming one of the most popular banking tools. Mobile banking apps offer a lot of features that caters to a variety of the banking needs of clients. The apps are extremely useful for fraud alerts, payment of bills, creating budgets, transfer […]