Home owners that foreclosed, walked away or defaulted on a previous mortgage are finding it hard to get financing now that the housing market seems to be turning around. They shouldn't be surprised. Their activity stays on their financial records and often impacts FICO scores, which is the gauge lenders use to determine lend-ability. That's why it's key to always live below your means and have emergency savings.
More - Mortgage Relief Program
The mission of the Debt Guys is to help each person become Money Conscious resulting in eliminating their debt, living a debt free life and empowering them to achieve financial success by virtue of the universal principles discovered by us through our own financial mistakes, victories and professional training.
Showing posts with label interest rates. Show all posts
Showing posts with label interest rates. Show all posts
Monday, October 21, 2013
Foreclosing or Walking Away from Your Home Has Consequences
Labels:
banks,
cash is king,
credit,
credit cards,
credit rating,
emergency savings,
FICO score,
interest rates,
lenders,
lending,
living below your means,
mortgages,
real estate
Location:
Denver, CO 80220, USA
Saturday, October 19, 2013
Interest Rate? What Interest Rate?
The gap between 30-year fixed rates and one-month CDs or a saving's account rate is widening, making it more difficult for savers. This especially hurts the middle class and retirees
Labels:
bank account,
banking,
banks,
being money conscious,
cash is king,
debt free,
debt free principles,
interest,
interest rates,
investing,
Money Consciousness,
saving
Location:
Denver, CO 80220, USA
Wednesday, October 9, 2013
5 Things Wealthy People Do
Find out what the successful people do and do that.
Labels:
buying,
comparison shopping,
credit,
credit cards,
high income,
housing,
interest rates,
investing,
millionaires,
renting,
risk,
saving,
success,
successful people
Location:
Denver, CO 80220, USA
Monday, October 7, 2013
Credit Cards with No Interest until 2015
Here's a list of credit cards not charging interest until 2015. If you're interested, be sure to understand the transfer fee and what rate to expect when they do start charging a fee.
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