My Student Loans Crashed My Credit Score!

My Student Loans Crashed My Credit Score!

The CARES Act — a federal stimulus bill passed in response to the COVID-19 pandemic — provides for significant student loan relief. Specifically, the legislation suspends payments, interest, and collections on government-held federal student loans from March 13, 2020...
Higher Scores Required for Mortgages!

Higher Scores Required for Mortgages!

Mortgage lenders are taking less risks during this time of COVID-19. Most of them have raised their credit score limits to approve applicants for a home loan. Buyers with a credit score as low as 590 could purchase a home last month, but that is not possible now. If...
Is it possible to buy a home with bad credit?

Is it possible to buy a home with bad credit?

While there are several options for getting a mortgage with bad credit, there will be compromises you’ll likely have to make. What it boils down to is that you will have to pay more money. Your credit is one of the most important factors that lenders consider during...
Protection for renters

Protection for renters

As our world is getting ready to open back up for businesses. There is no denying that many out there are still struggling to get back on track with our finances, bill and more importantly rent. As stressful as this time has been there is some good news. Our Federal,...
Why did my credit score drop?

Why did my credit score drop?

If you’ve noticed a drop in your credit scores, some common reasons might explain why:1.You Have Late or Missed PaymentsYour payment history is the most important part of your credit score, accounting for 35% of your FICO® Score. Even one late or missed payment...
The CARES Act starts with You!

The CARES Act starts with You!

As the IRS continues to distribute checks for the first stimulus check form the CARES Act, you have probably read articles about how a second stimulus check might be on its way.We have had proposals suggesting $2,000 a month for each adult, a payroll tax cut, and even...