Buying a Home with Credit Dings

Your credit report may be full of dings, compounded with a history of foreclosure and bankruptcy, but you may still get a loan for home purchase, refinance, or even cash out of your current home. It doesn’t matter whether you have charge-offs, collections, or...

What is a Credit Score

A credit score is one of several pieces of information a lender uses to decide whether or not you qualify for a loan. If you’ve ever had a car loan or a credit card, you’ve had a credit score, even if you didn’t know it. Your credit score helps answer the big question...

What is Credit

“Credit” is an arrangement for deferred payment of a loan or purchase so a buyer (borrower) does not have to produce an entire lump sum equal to the purchase price in order to gain possession of the item purchased. When not abused, credit is a valuable...