Even though the April 15th tax filing deadline is months away, now is a great time to learn about the available tax credits available to Americans.  Identifying items that you are possibly eligible for now may mean more money in your pocket for the 2009 tax season.
The First Time Homebuyer Credit expires December 1st.  This means [...]

We recently had a question from someone considering a short sale for their house.   This person is not eligible for a loan modification and their lender recommended a short sale.  When they put the house on the market, they are considering making just partial payments while they try to sell it.
The question is: DOES MAKING A [...]

One of the items that is included in your credit report is the section called “Inquiries”.  This section is included in the “New Credit” part of your score, which accounts for 10% of the FICO scores.   
There are two types of Inquiries.
When you check your own credit reports, whether your annual, no-cost ones, or your FICO [...]

Yeah!  You found a house you want to purchase and your credit scores met the mortgage company’s requirements.  When you are in the home buying process and have started the paperwork with your lender, you need to at least keep your credit rating where it was when you qualified for the loan.  These recommendations, compiled [...]

If you co-sign for a loan, credit card, or even help someone out by putting the cell phone in your name, you may be putting your credit rating at risk.
Any extension of credit to you (a loan) is going to show up on your credit report.  The few exceptions may be a small local company [...]

Beginning July 1, 2009 some college graduates can get lower loan payments.  The College Cost Reduction and Access Act of 2007 included the Income-Based Repayment Plan (IBR).  The IBR calculates monthly payments on student loans based on a person's income and family size.
The program will be open to graduates with a Stafford, Graduate PLUS or consolidation loan made [...]