The sluggish economy is certainly affecting a lot of people these days, and if it’s not affecting you directly, you’re probably cutting back a bit on spending just to be on the safe side…good for you. Nonetheless, we can’t stop shopping completely…we have things we need that just can’t wait. Read more…
With the holiday season upon us, we thought we’d take a break from the traditional mortgage-related tips and tricks and delve into something that may be all too common this holiday season. No payments and no interest for. You’ve probably seen those offers for no payments and no interest for Read more…
What is the most commonly misunderstood aspect of every American’s life? I’ll give you a hint, it’s not the opposite sex; it’s their credit report. And rightfully so, the credit bureaus don’t exactly make their modus operandi public. In fact, the actual formulas used to calculate your credit report are Read more…
Your credit score is determined on a variety of factors. The pie chart below is from Fair Isaac Corp., and it lays out the basic weighting system used to determine the score. So, what, exactly can you do to improve your score? The answer to that isn’t as straightforward as Read more…
The Federal Reserve Bank of New York announced Tuesday that it would lend up to $85 billion to AIG (American International Group) in an effort to help the struggling investment giant avoid bankruptcy. The Fed suggested in a press release that the terms of the agreement aim to protect the Read more…