Unpaid bills, too many open accounts, and accounts close to or at credit limits will drop your credit score. If you are considering credit card debt consolidation, you may question whether your FICO score will affect your ability to obtain a loan. Your FICO credit score is an calculation that determines your credit worthiness. This [...]
There are going to be many factors which affect your mortgage rate, some of which are under your control and others which you can do nothing about. You should be aware of all of the factors which might affect your mortgage rate and take them into consideration before applying for a mortgage loan. You can [...]
Your credit score is a very important issue, and if you have been experiencing the effects of bad credit, you may not be able to take full advantage of many loans. If you do qualify for a loan, you may be stuck paying outrageous interest rates over the life of the loan with bad credit. [...]
In these tough economic times, it is increasingly difficult to manage household finances and pay one’s bills. Income is waning, and the general outlook on the economy is negative. The fact that many Canadian households are riddled with consumer debt doesn’t help. Credit card or other consumer debt can carry very high interest rates, making [...]
