The DTI is the percentage of our income that goes toward paying our monthly debts. These ratios can often be overlooked as many people assume that a good credit score and income are the only two elements taken into consideration when seeking to purchase a home, car, or even to open a credit card. However, for many lenders, a good report and credit score are not enough to be considered a suitable candidate.
For many people, the month of February 2021 will mark the end of their mortgage forbearance under the CARES Act. This leaves many questions about how to manage missed payments and what will happen if someone cannot pay those accumulated amounts. This article will help explain the choices people have to manage their mortgages.
Although November 27th is the traditional kick off of the holiday season, decorations of all kinds are already flooding the retail stores and advertisers are working hard to put us in the â€œspending moodâ€ earlier and earlier every year. This creates an opportunity to make a spending plan that will get us through the season and help keep it meaningful.
What you need to know about the national eviction moratorium and how to ensure you are protected. LInks to sample document to provide to landlords.
This video covers difference in popular credit score models FICO and VantageScore and a quick overview of sites where you can obtain a free credit report or score.
It is always a good time to check your credit report, but which free source should you choose? Here is a list and some things to look for before you provide your personal information.
From deals on masks to offers of loans, scams related to the coronavirus pandemic are everywhere. Here the Consumer Financial Protection Bureau has put together a list of ways to protect yourself and your money from scammers.
Many creditors are offering ways to avoid making payments during the COVID-19 pandemic, but is that the best for your finances? There are options for staying on top of bills during this time and avoid jeopardizing your future.
This blog provides five key steps to take when dealing with a financial crisis.
A brief list of financial resources to assist people during the Coronavirus COVID-19 Pandemic.