by mannie castillo | Nov 4, 2017 | Frequently Asked Questions
Credit bureaus collect information from parties that have previously extended credit to you, such as a department store that issued you a credit card or a bank that granted you a personal loan.
by mannie castillo | Nov 4, 2017 | Frequently Asked Questions
A Loan Modification is not based on credit. The banks are trying to make a good loan out of a troubled loan. The loan modification will not hurt your credit; generally only late payments or a foreclosure will negatively affect your credit score.
by mannie castillo | Nov 4, 2017 | Frequently Asked Questions
How Can Impulsive Buyers Stop Spending Money? What's impulsive shopping for? Merely stated, it’s an unplanned buy of a services or products. In accordance with the BusinessDictionary.com, such purchases “ranges from small (chocolate, clothes, magazines) to...
by mannie castillo | Nov 4, 2017 | Frequently Asked Questions
A Loan Modification is when the bank allows a change in the terms of your existing mortgage. The purpose of a modification is to significantly lower your monthly payments, for either a temporary or permanent period of time.
by mannie castillo | Nov 4, 2017 | Frequently Asked Questions
Anyone that is having trouble paying his/her existing loan may qualify for a loan modification. In today’s housing market, banks are willing to work with mortgage holders who are having trouble paying their mortgage. However, homeowners with a high probability of...