The recession has changed what people consider luxury. Big mansions or fancy cars were once thought as lavish items, now a rent-stable apartment or a fully-paid car is already considered extravagant. Even for the previously well-off, the current financial status has strained their savings considerably. This is evident by the increase in coupon clipping all […]

Now that you’re in your teen years, there are a lot of things to learn about managing your money. You’re growing in awareness as you think about the things that you want to buy (that gadget isn’t going to buy itself) and the things that you seemingly “need” for your social life to survive. Whatever […]

To put it without beating around the bush: your chances are nil. You are a high risk borrower even though your credit score is slightly better than bad. You may blame the lender’s stringent policy but once you jump into the other party’s shoes the vision will change dramatically. As a loan officer you would […]

If you have come down with a really bad case of a low credit score and wondering if you ever get out of it thinking about the possible future inside your own place. With dozens of rental payments made under your belt it seems only logical that alternatives flood your uneasy mind right now. As […]

How to define what fair credit is? Is it decent enough or OK or simply good? It means that it should oscillate somewhere between 650 and 700. Fair credit will be considered as good enough if a lender see it this way so your judgement could be somewhat premature. With a variety of loans and […]