|
|
|
Monday, December 18, 2006On the subject of running your credit report and lowering your scoreI was reading some forums over the weekend and came across an interesting post which goes right along with what I have been discussing. This guy was going to refinance his house and went out looking for the best rate that he could get. To do this, he used Lending Tree thinking that having the banks... Sign in to see full entry.Friday, December 15, 2006More on protecting your credit scoreOne thing that you will want to do is check your own credit report and you'll want to do this at least 6 months before you apply for a loan. The first time that my wife and I did this, we were amazed at the amount of things on there that were wrong. Some things were plain out mistakes and others... Sign in to see full entry.Thursday, December 14, 2006Here's a breakdown of your FICO scoreHere's a bit of information that I got from my wife's research paper that I didn't know before. This was all secret information as far as I was concerned. Not that it's secret but I don't think very many people know this. Maybe you all do and it's just me that was in the dark. Anyway, here's what... Sign in to see full entry.Wednesday, December 13, 2006You've all heard this before but what are you doing about it?The best way to become eligible for a loan is to not need it. If you don't really need the money, the bank will be happy to give it to you. I saw this with my credit card from yesterday's post. I got an offer from one card company to raise my limit and it would cost me $59 to do it. A couple months... Sign in to see full entry.Tuesday, December 12, 2006How's this for a scam?Yes, I'm still talking about credit cards. I will probably talk about credit cards quite a bit over the years because they are so devastating to personal finance. A couple of years ago, I received an offer in the mail. One of my credit card companies wanted to do me a "favor". That's what I like... Sign in to see full entry.Monday, December 11, 2006Money for a good purpose with a conditionI was reading an article in Money magazine yesterday about using the equity in your home to pay off credit cards. The article states that it's a good idea especially if your credit cards have a high interest rate. The last sentence in that section of the article says, "don't run up a new card... Sign in to see full entry.Friday, December 8, 2006Other factors involved with rentingI've talked about the cost of renting vs. the cost of buying. That's a major factor. I've rented before and it served its purpose. When my wife and I first got marrired, our rent was less than half the amount of buying. We needed the extra money to get our finances where we wanted them. It's not all... Sign in to see full entry.Thursday, December 7, 2006Cheating on disciplineThere was one other factor in my decision to buy our home instead of renting. My wife and I are pretty good about money and always have been. It hasn't always been easy on us because of outside forces but we have done pretty good with what we have. When we moved, we were concerned about how the move... Sign in to see full entry.Wednesday, December 6, 2006GamblingI live in a casino town and I tell people that I don't gamble. That's not entirely true. Let me explain. My wife and I moved out here a couple of years ago knowing that this was going to be transition city for us. We weren't sure where we were going to go but we knew this wasn't our final... Sign in to see full entry.Tuesday, December 5, 2006Do you know anyone that won't rent because . . .Do you know anyone that won't rent because they say it's a waste of money? I do. I know lots of them, in fact. They make it sound like anyone that does rent a place to live is stupid and is throwing away money. Equity. Home ownership. No landlord. If you rent and you've talked to a "home owner",... Sign in to see full entry. |
