Start with a Secured Credit Card A secured credit card requires a cash deposit (often $200–$500) that becomes your credit limit. Because it’s considered revolving credit (unlike loans, which are installment credit), it has a much stronger positive impact on your credit score. Why Revolving Credit Matters More Than Installment Loans Installment loans (car loans, personal loans, mortgages) add some […]
Credit repair is helpful if there is a lot of incorrect information on your credit report. If you have hired a company to dispute all of your bad credit, it most likely will delay or stop you from getting a mortgage. Most credit repair companies will dispute everything on your credit report that is derogatory. When a trade line on […]
Alot of people ask me which loan should I get. My answer is it depends on your situation. Both FHA & conventional loans are good loans. Here are the main reasons to use either Conv. or FHA loan. FHA- If you have lower income and want to put down only 3.5%. If your credit score is below 660. You […]
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