Get a mortgage on your credit report

Because mortgages are usually a lot harder to qualify for, the credit bureaus scoring modules give more points for those who have a mortgage on their credit report. It also means, there will be equity in the property and people will be more solid in making their...

Typical Financial Planning is a Farce…

Rather than call me names and swearing, let’s look at the problems associated with typical, so called Financial Planning. I don’t think Financial Planners are trying to take advantage of the investors, rather, I think they are uninformed, uneducated and...

Never use a “Finance Company”

How many of you have gone to the auto dealership and been hustled into a loan that seems just too expensive?  How many have found that you needed a new washer or dryer or fridge that has died and found a great incentive to use the “house financing”?  BUYERS BEWARE! ...

My profile… a little about me..

I love to cook.  Making good food that’s good to eat for good friends and family is so much fun. I enjoy movies and seeing the latest Action or Adventure, SciFi or WhoDunIt are favorites of mine. I love to have family over and see and play with the grandkids,...

Can you fix a Short Sale or Foreclosure?

Short Sale or Foreclosure, which is worse and how does it affect your credit score?  Can it be fixed and how soon can I get into a new home if I have a Short Sale or Foreclosure on my credit report? All these are good questions and can make or break a loan application...

Money Myths…

If something you knew about money wasn’t true… When would you want to know about it…? We learn about money from our experiences and from what we learn from our parents… by word and by example.  Then we learn additional things about money from...

Credit Scores — Real Time?

We had an inquiry from a member a few days ago.  He was totally frustrated with the credit bureaus and the whole credit scoring process.  Hmmmm…sound familiar? Jack’s situation was that he had paid off several bills with a bonus check from work about 10 days ago.  He...

Shop smart with “No Inquiries”

“Avoid excessive inquiries – A large number of inquiries occurred over a short period of time may be interpreted as a sign that you are opening numerous credit accounts due to financial difficulties or overextending yourself by taking on more debt than you can easily...