It’s likely that buying a house will be one of the most expensive things you ever do. There are also good reasons to have doubts about the process, especially when it comes to the money involved. “Do I need money in my bank account to buy a house?” is a question that many first-time homebuyers … Read more
Can I Buy a House If I Owe the IRS? Buying a house is an exciting milestone in life. However, it can be complicated if you have outstanding tax debt owed to the IRS. Many homebuyers wonder – can I buy a house if I owe the IRS? Long story short, you can buy a … Read more
Getting rid of debt can be good for your credit score and bad for it at the same time. On the one hand, paying your bills on time and getting rid of debt are both smart money moves that should improve your creditworthiness. On the other hand, your score is also affected by things like … Read more
Your credit score is one of the most important numbers in your financial life. It gives lenders a quick snapshot of your creditworthiness and can determine whether you get approved for credit and what interest rates you pay. So is a credit score of 736 good? Let’s take a detailed look. What Does a 736 … Read more
Making a large down payment when buying a home can be a great financial move. It allows you to build instant equity, avoid paying private mortgage insurance, and potentially qualify for better loan terms. However, plunking down a sizable chunk of cash as part of your down payment can also raise red flags with lenders … Read more
Paying off credit card balances in full each month is one of the best ways to build and maintain a good credit score. However, many cardholders wonder if not paying their balance in full will hurt their credit. The short answer is – it can. Here’s an in-depth look at how paying less than your … Read more
The Triangle Mastercard has been heavily advertised as an “easy-to-get” credit card with great rewards and benefits But is it really as easy to qualify for as they claim? I decided to dig into the fine print and apply for the card myself to find out An Overview of the Triangle Mastercard The Triangle Mastercard … Read more
In pop culture, the “black card” is an extremely rare credit card that has become a sign of wealth and power. What, though, is a “black card,” and who gives them out? Let’s take a closer look. What is a Black Card? A black card refers to an exclusive credit card that is typically only … Read more
It’s natural to wonder who can see your credit report since it has private and sensitive financial and personal information in it. There are rules in the Fair Credit Reporting Act (FCRA) about who can see your credit report and for what “permissible purpose.” “. What is Permissible Purpose? Permissible purpose allows certain companies and … Read more
A home equity line of credit (HELOC) can be a good way to borrow money. It lets you use the value of your home as collateral to get money for things like home repairs, debt consolidation, or big purchases. But it’s important to know how a HELOC will affect your finances, especially your debt-to-income (DTI) … Read more