If you have accumulated a large debt, you have the option of going to a credit counseling or debt settlement agency in order to remove the burden so that you can finance the purchase of a new home. However, it is important that you are aware of the differences between credit counseling and debt settlement. [...]
I think at least once in every person’s life (except those lucky few that are financially endowed enough to avoid debt all together), they have to struggle with debt. For some, that means cutting back on their normal expenditures to make their monthly payments. For others in more financial hardship, it may mean finding another [...]
The credit rating method used by 90% of lenders is the Fair Isaac Corporation method, commonly referred to as the FICO method. Credit scores using this method range from 300 to 850, with the higher scores being the better scores. FICO reports that the median credit score in America is 723.FICO scores are determined based [...]
