Posts tagged credit score
Are You Ready to Buy a House?

Are you really ready to buy a house? Becoming a #homeowner is a big step, and before you take it, you want to make sure your credit rating and income are high enough, the neighborhood where you want to live is a good investment and that you’re really ready to settle down since most experts recommend not buying if you don’t plan to live in the house for at least five years. You’ll also want to make sure you’re ready to handle the situation if something breaks since you won’t have a landlord anymore. If everything checks out, though, get started house hunting!  

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Why Does Your Credit Score Matter?

Do you know your #creditscore? Do you know how it’s calculated and what it means? Your score is determined by many factors. Basically, if you pay your bills on time, don’t overuse your credit, and don’t ignore any delinquent accounts, your score will rise. Have a variety of credit, and keep your older cards open. Your score affects just about everything, from insurance rates and employment to loan/mortgage rates and eligibility. Try to pay more than the minimum payment on your credit cards and look into a debt consolidation loan to get your balances down faster!

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