Loan


Here are some questions about the HARP refinance program

Still, about 700,000 borrowers remain eligible and are considered “in the money,” according to the F.H.F.A. — that is, they would benefit financially from the program. (Typically, those who may benefit have a mortgage balance of at least $50,000, with 10 years or more left on the loan, and an interest rate above current market rates.) On average, the program saves borrowers about $200 a month, the housing finance agency says. More >>>

Few outlets have offered consumers their credit scores for free

Credit scores can affect everything from the credit cards you're eligible for to your rate on auto loans and mortgages. They even sometimes play a roll in whether you get a job or are approved to rent an apartment. Consumer advocates and banking experts say the value of these latest programs is that they put credit scores in front of consumers' eyes on a regular basis, instead of forcing consumers to seek the scores out on their own, and pay for them. More >>>

Ways to improve your credit score

Don't close credit cards. Fifteen percent of yourFICO score is based on the length of time each account has been opened and the length of time since the account's most recent activity. Closing accounts also hurts your credit utilization ratio by reducing your available credit. Review your FICO score (the most commonly used credit score). The range is 300 to 850; the best interest rates are typically offered to people with scores above 720. More >>>

Users rev up a turbo tirade

Tax season officially has opened, which means folks will soon be getting cranky. On the other hand, Girl Scout cookies just went on sale, so we've got Tagalongs and Do- si-dos to soothe our tax-jangled nerves. x season officially has opened, which means folks will soon be getting cranky. On the other hand, Girl Scout cookies just went on sale, so we've got Tagalongs and Do-si-dos to soothe our tax-jangled nerves. More >>>

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