Category

Credit History

What happens when my offer to buy a home is accepted?

The seller accepted your offer. Now what?
There’s nothing more exciting — and potentially stressful — than when your offer to buy a home is finally accepted.

You’re probably asking yourself, “What happens now?” And for good reason. Unless you’re a seasoned home buyer, this is brand new territory.

This is really when you get to work as a buyer.

You’re going to submit…

Using Home Equity to Consolidate Student Loans

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Americans have racked up over $1.48 trillion in student loan debt.

The average student loan debt among the class of 2017 was $39,400, up 6% from the previous year.

The situation isn’t great, but in certain cities, it’s been revealed this situation is even more serious. A recently released study compared student loan debt to mortgage debt among borrowers that had both across…

Why is credit history important?

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The Importance of Credit History
Like it or not, having credit is important today. While there are millions of people who are “credit invisible” in the US, their lack of credit can cause considerable hardship. You need credit to:

Buy a house with a mortgage
Purchase a car without cash
Even to rent a car or get a job in some cases

It’s not impossible to get credit with no credit. But…

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