BAH, or Basic Allowance for Housing, is an allotment of money offered by all military branches to active duty members to cover housing costs for those who do not reside in government housing or barracks. Administered by the Defense Travel Management Office, BAH pay rate will vary on several factors. Still, the amount is calculated …
Is there even a difference between your credit score and your FICO score? Actually, yes! Check out this article to learn more. Your credit score tells lenders how likely you are to pay your bills on time. The better your credit score, the less risky you look as a borrower. But a “credit score” is …
If you are associated with the military in any way, you’ve heard the acronym BAH. While you may know a few of the basics, this article will examine the military BAH in-depth, including types, benefits, and how to calculate rates. Key takeaways BAH stands for Basic Allowance for Housing and covers around 95% of home …
All You Need to Know About Military BAH (Basic Allowance for Housing) Read More »
You probably know that a higher credit score helps you get a better interest rate. But there’s more to it than that. Your credit score directly affects the interest rate on your mortgage. The difference between a “good” versus an “excellent” credit score can save you thousands of dollars on interest. Most people know that …
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While some people do just fine with DIY budgeting, others need a little help managing their finances and maintaining healthy credit. Key takeaways A credit counselor helps create a personalized plan for getting back on track with your finances and maintaining healthy credit. They may recommend a debt management plan, but participation can negatively impact …
When it comes to credit scores, there’s a lot of conflicting information out there. Check out these little-known facts to keep you informed. Key takeaways Credit scores come in different types and versions. Disputing errors on your credit report can sometimes hurt your loan application. Paying off old collections may not improve your score. Lowering …
If you don’t have a lot of credit history, it may seem a little intimidating to get started. But starting from scratch isn’t as difficult as you might think. Key takeaways Understand factors that can hurt your credit score and pay bills on time to prevent late payments. Avoid little-known mistakes, like double payments or …
Starting From Scratch? Here’s How to Build Your Credit Read More »
How is your credit score calculated? Read below for the full breakdown. Credit can get pretty complicated because there are several different models and versions of your credit score. To keep things simple, we’ve broken down the main factors that impact your FICO score, which is the most widely used credit scoring model. Your FICO …
Sadly, there are thieves and scammers out there who may try to steal from your credit card. Here’s what you can do to stop them. Key takeaways Safeguard your card numbers and avoid giving out personal information Check credit reports, review billing statements, and report lost or stolen cards immediately. Use strong passwords and be …
Great job building up your credit score! After all that hard work, you’re probably wondering how you can maintain your credit. Read below to learn more! Key takeaways Maintaining good credit is easier than repairing a low score. Be strategic with credit usage to keep a high score. Consider seeking advice from a reputable credit …
A credit repair service can be the perfect solution for people who need help improving their credit. Unfortunately, there are a lot of scams out there. Here’s how to avoid them. Key takeaways Beware of credit repair scams, which may ask for payment upfront or suggest false information. Check for red flags when considering a …
For renters interested in eventually purchasing the property they live in, there is a way to secure the front-of-the-line spot when the home goes on the market. Rather than have to worry about third parties driving up the price in a bidding war, the renter may purchase the house before any other can put in …
If you have a less than perfect credit score or are self-employed with alternative income, you won’t qualify for a traditional home loan. However, you don’t have to rent forever. There is another option. It is called a non-QM loan or non-qualifying mortgage. This article will go over what a QM or a qualifying mortgage …
Looking to refinance for a lower interest rate on your mortgage? Here’s what you need to know. Key takeaways Refinancing your mortgage can lower your interest rate and monthly payments. Consider factors like your current interest rate and credit score when deciding whether to refinance. Lower rates mean bigger savings and more equity in …
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A lot of people struggle with getting their debt under control. It can be all too easy to rack up credit card debt before learning the best strategies for spending and saving your hard earned money. But even after you learn about these best practices, you may still be stuck with a mountain of debt …
Significant life changes that affect income can happen, and when they do, homeowners are hit hard. In addition to a slew of living expenses that must be paid — groceries, water, keeping the lights on, etc. — there is a big expense that is sometimes hard to maintain when a financial difficulty happens. A home …
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Key takeaways DIY projects gone wrong can cause damage and cost you more money. Offensive odors like smoking or pet smells can harm your health and decrease your home’s value. Worn-out entryways with bad landscaping can decrease …
Top 10 Most Common Mistakes That Lower Your Home’s Value Read More »
Every homeowner wants to get the most out of their investment. Keep these tips in mind to help boost the value of your home. Key takeaways Upgrade your kitchen and bathrooms with energy-efficient appliances, lighting fixtures, and floor tiles. Opt for lighter, neutral colors when painting your walls to make a room look larger. Keep …
Remodeling can make you fall in love with your home all over again, but home renovations are hard work! Keep these tips in mind to help you along the way. Key takeaways Assess your home’s condition before starting renovations to avoid unexpected problems and delays. Leave room in your budget for unexpected expenses that may …
Not only does a cramped and cluttered space add a lot of stress to your daily life, but it can also lower your home’s value. Here are some tips to maximizing the space in your home. Key takeaways Organize your entryway with storage solutions. Utilize vertical space with adjustable mounts and taller cabinets. Maximize space …
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