“The home short sale has long been regarded as a lifeline for borrowers facing foreclosure. But many have also taken it as a quick solution to mortgage problems, not thinking about the ups and downs of the short sale process. The truth is that even after a home short sale, one may still owe money … Read more
What Should You Do During the Foreclosure Process? What Should You Do During the Foreclosure Process Mortgage Payments Sending You Reeling? Here’s What to Do [Note: This article is taken from the Federal Trade Commission Site.] The possibility of losing your home because you can’t make the mortgage payments can be terrifying. Perhaps you’re having trouble … Read more
Missing payments can be more costly than you think. Skipping a payment on your credit card will add late fees and penalties to your account, but there are longer term consequences to consider before you decide to skip writing that check or hitting “pay” on the website. Credit card data is reported … Read more
Let’s say you made one of those big no-no credit mistakes. You went out of town on vacation for a week, came back home and realized you totally forgot to pay your credit card bill. It happens all of the time. Chances are you are okay. The worst thing that may happen is you have … Read more