Archive for the 'Credit' Category
Prequalifed or preapproved
Thursday, November 9th, 2006Once you’ve found the lender whose terms are most appropriate for you, you’re all set to go ahed looking for a home. It makes sense to take another step - getting yourself prequalified for a loan, or preapproved.
Prequalification is in some ways similar to the eligibility check for how much you can get - you […]
Your credit score
Wednesday, November 8th, 2006The two key factors to maximising the amount you can get for a mortgage loan are the period of repayment and your credit rating. The longer the period of the loan, the lower the instalments - and hence, the higher the amount of the loan you can obtain.
Your credit rating determines the rate of interest […]
Beat Those Hidden Credit Card Charges
Monday, August 21st, 2006Credit card companies are making billions of dollars each year off the misfortune and irresponsibility of the customers. There instrument of choice? Hidden credit card chages and fees. You know the stuff on the back of the application so small you need a magnifying glass to read. There is a reason why the fine print […]