Your credit score is a crucial metric that lenders use to evaluate your creditworthiness. Whether you’re aiming to secure a mortgage, auto loan, or even a credit card with favorable terms, a healthy credit score is your financial passport. If you find yourself with a less-than-stellar credit score, fear not! In this blog, we’ll unveil…
Before you make one of the biggest financial commitments of your life, it’s important to understand how mortgage providers- like your mortgage broker- are paid to ensure that your interests are always at the forefront. That’s why we’re revealing below how mortgage brokers are compensated. In most cases, it is free for you to use…
To finance a project, it is often recommended to opt for a loan. It is an effective way to quickly release funds and repay them according to the borrower’s ability. However, managing credit is sometimes difficult to overcome for borrowers, which is the cause of over-indebtedness. The repurchase of consumer credit allows for alleviating this…
Are you nervous about taking out a mortgage? You’re not alone in that. Consumer studies have shown that taking out the first mortgage ranks pretty high on the stress scale- right up there with a trip to the dentist or a traffic stop for speeding. Fortunately, a little knowledge about mortgages can help reduce your…
When it comes to tax havens, most of us think of TV shows where people are hiding their money in a foreign account away from their homeland. But how much do we laypeople know about them? Tax havens offer the top one percent or the super-rich the opportunity to keep their money in offshore accounts,…
We’ve all heard of the word home mortgage loan at least once in our life, either when we heard our parents complaining about the monthly interest they had to pay for their mortgage or when we went to the bank. But, if you are a Gen Z or even a young Millenial, then you most…
More and more youngsters are thinking about buying a home, a brand new car, or investing in a business, and that’s where credit gains its importance. Not only is it important, but it is also important for you to know what it takes and how it works. What is ‘creditworthiness’? You will want to keep…
As we discovered in a previous article, which you can read here, it is quite possible to live without credit, without impacting your ability to enjoy the finer things in life. Now that we know that you can rent or buy a house, travel and much more without the help of your credit card, let’s…
Have you ever stopped to consider what life could look like if your major life decisions (and purchases) didn’t revolve around your credit score? This article looks at how you can get through life without ever needing credit – successfully. Buying a Home Don’t have a credit score? Good. Despite what everyone says, you don’t…
As adults, no one can tell us how we can and can’t spend our money, so it is very easy for us to overspend and spend it on dumb and necessary items. And your honor, I plead guilt to this, I have gone on my fair share of spending sprees, and during most of them,…