Posts tagged as:

Credit cards

Higher Credit Scores Will Get You a Lower Rate: Raise Scores With a Secured Visa Credit Card

May 18, 2010

Having a high credit score means more today than I can ever remember.  Your chances of getting credit with a score under 620 is virtually impossible. Just 3 years ago, almost anyone could buy a home and get a mortgage with a 560 score. And, you could have done it with zero down. But unless you [...]

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Did You Know? Obnoxious Credit Card Interest Rates Started With a Deal Between Citibank and a Governor

May 8, 2010

When William “Wild Bill” Janklow was Governor of South Dakota in the early 80’s, he made a deal with Citibank that would throw the roof off credit card interest rates.  “Wild Bill” would eventually give rise to credit card balances and bills that were off the charts due to enormous interest rates.  Janklow was a one-man political [...]

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Keeping Your Credit Score High While Shopping for a Mortgage in New Jersey

March 14, 2010

There is a HUGE misunderstanding among MOST mortgage shoppers that whenever a mortgage lender in New Jersey pulls their credit, the score will drop.  Therefore, the borrower decides they have no choice but to shop for a mortgage without the lender seeing their credit at all, or by telling the lender what they believe their [...]

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Your Credit Report May Be Under Surveillance as November 30 Approaches

September 21, 2009

Are you trying to close your mortgage loan before November 30, 2009 to qualify for the first time home buyer tax credit?
Did your mortgage consultant warn you about your credit and your credit score?  You can bet your loan that lenders will pull your credit report again before you close that loan.  If anything wacky [...]

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Avoid Identity Theft by Keeping Watch on Your Credit and Personal Info

August 31, 2009

Identity theft seems to grow geometrically by the day.  Much of the problem with identity theft is caused by all the various requests for our personal information that are supposedly going to protect us from fraud.   So let’s get this straight.   Company A wants to look at and copy all my information to be certain [...]

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Good Credit For New Jersey Mortgage Approval Isn’t Rocket Science

May 17, 2009

Your FICO credit score  is the single biggest factor in determining whether New Jersey borrowers get the best rates for mortgages, loans and credit cards.  This score gives lenders an idea of how well you pay bills, live within your means and manage your debt.
If your score is 740 or above, you’ll get the best [...]

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9 Things You Must NEVER Do While You Wait For Your New Jersey Loan To Close

May 16, 2009

After you apply for a mortgage in New Jersey and you’re told you have been pre-approved, don’t think it’s all smooth sailing to the closing table.  Because YOU might do something to foul things up.  Happens a lot, especially if you were not warned by your loan officer.
Even if you were pre-approved at the beginning, [...]

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Urgent Warning for American Express Cardholders

May 13, 2009

This is quick and most interesting reading.  More on the AMEX saga.  More that’s hard to believe. 
American Express recently made an announcement of new terms effective  April 2, 2009.  Goes like this: For personal AMEX cards issued in the USA,  in order to obtain or retain an AMEX card, you will have to “agree” that AMEX has your [...]

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