What Happens If You Max Out a Credit Card and How to Recover Fast
When you max out a credit card, you use all or almost all of your available credit limit. This increases … Read more
What is Debt to Income Ratio and Why it Matters
Debt to income ratio is a financial metric that shows how much of your monthly income goes toward paying debts. Lenders … Read more
How Banks Decide Your Loan Eligibility
Banks decide your loan eligibility by evaluating your income stability, credit score, existing debts, repayment history, age, and employment profile. … Read more
What Is Credit Score and How It Really Works
A credit score is a 3 digit number that represents your financial character. It tells banks and lenders how responsibly … Read more
Reverse Mortgage or HELOC: What Retirees Should Choose
For most retirees, a reverse mortgage is better when steady income, no monthly repayment, and long term peace of mind … Read more
Reverse Mortgage vs Refinancing Which One Saves You More Money
Reverse mortgage and refinancing both unlock home equity, but they serve very different life moments. A reverse mortgage allows senior … Read more
Can You Get a Reverse Mortgage With an Existing Mortgage?
Yes, you can get a reverse mortgage even if you still have an existing mortgage on your home. The only … Read more
Mortgage Rate Lock Guide for Buyers and Refinancers
A mortgage rate lock protects you from rising interest rates by freezing your loan rate for a fixed period while … Read more
What Credit Score Do You Need to Buy a House?
To buy a house, most lenders look for a credit score between 620 and 760, depending on the loan type … Read more
Bank of America Warns US Dollar Falling Could Trigger a Global Recession
Bank of America Securities warns that a sharp and sustained decline in the US dollar could trigger a recession across … Read more