While building and maintaining a great credit score should always be a priority, mistakes happen. Some mishaps are more severe than others and can impact your credit rating for much longer. Understanding which items carry more weight on your score will help you avoid them in the future.
As you triple-check the numbers one last time, your spouse is eagerly scrolling through homes online – imagining how you’ll decorate each room and the memories you’ll create together. Realizing you’re ready to become a homeowner is an exciting moment.
As you prepare to buy your first home, it’s likely that you have already spent significant time researching the home-buying process. Fiscally you’re ready. You have money set aside for the down payment and closing costs. You’re pre-approved for your mortgage.
Picture this — you're in the market for a new home, and you quickly find one that is perfect. It has all the features you’ve been dreaming about and seems to be in your price range. So, you put in an offer.
Are you thinking of buying a new car? Maybe your current vehicle is on its last legs, and you’re ready to upgrade. Perhaps you want something a bit safer for your kids. Whatever the reason, buying a new car is no doubt exciting. But there’s also that feeling of uneasiness knowing you’re about to run the gauntlet of dealer games.
Everyone deserves a nice vacation. It’s your chance to get away from the daily grind, relax your mind, and create memories with your friends and family. While the destinations to choose from are limitless, your budget is most likely not.
At some point in your life, you’ll probably need a loan. Whether you’re preparing to buy your first home, a new car, or want to consolidate debt, there’s always a chance your loan request may be denied. While not being approved for a loan can be disheartening, don’t beat yourself up.
Today’s car-shopping experience provides many options that weren’t even around a decade ago. Not only can you choose a variety of makes and models, but now you also have the option of buying an electric vehicle (EV). With gas prices steadily climbing, you may already be considering going electric.
Have you ever opened your credit card statement and noticed the interest rate on your card increased? It’s not a great feeling. Your initial thought might be that your financial institution simply raised your rate out of the blue to earn more, but that’s not the case. There are actually many reasons your credit card rate can fluctuate.
Opening your first credit card can be both an exciting and daunting experience. On the one hand, a credit card offers more financial freedom and flexibility. On the other hand, you likely heard horror stories of people falling into a debt cycle that’s hard to escape.
