Timing is Everything: When is the Right Time to Apply for a Mortgage?
Credit Sesame discuss the right time to apply for a mortgage. Good timing can make a big difference in life. This is certainly true of buying a home and getting a mortgage loan. While many matters in this process are out of our control, carefully determining when to shop for a mortgage, apply for financing, […]
Personal Finance Weekly News Roundup June 18, 2022
Credit Sesame’s personal finance weekly news roundup June 18, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Fed makes biggest rate hike since 1994 How stealth inflation is sneaking up on consumers Cryptocurrency provides no shelter for investors Economic challenges are not confined to the U.S. Back-to-school spending expected […]
How Much Do You Know About Credit and Credit Score?
A recent survey conducted by Credit Sesame revealed that many people still have a lot to learn about credit and credit score. The survey asked respondents to indicate whether the following statements are true. Do you know the right answers? True or false? Any adult lawful US resident can build a credit score. True or […]
Guide to Buying a House and Getting a Mortgage
Credit Sesame’s step by step guide to buying a house and getting a mortgage. There are more steps to your new house than those leading up the path to the front door. In fact, the steps towards home ownership usually start long before you set eyes on the property you’re going to buy. This guide […]
The Pros and Cons of Residential Buy-to-Rent
Credit Sesame discusses the pros and cons of buy-to-rent. Buy-to-rent sounds like a dream. You buy a property, rent it out and the income you receive more than covers the mortgage. Most people imagine a solid investment with little risk. You probably plan to keep your existing job, so income from a buy-to-rent property (or […]
4 Things That Can Ding Your Credit and a Surprising One That Doesn’t
Credit scoring is complicated, so there are a few actions you may not think about that can negatively impact your score. Here’s what you should know.
How Fast Can You Raise Your Credit Score?
Credit Sesame advises on how you can raise your credit score quickly. Your credit score is an important part of your financial life. It determines whether you’re able to get approved for things like credit cards, car loans and mortgages, as well as what kind of interest rates you’ll pay. There’s no secret way to […]
Personal Finance Weekly News Roundup June 11, 2022
Credit Sesame’s personal finance weekly news roundup June 11, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Inflation accelerated in May Consumers using financial apps more and enjoying them less Elon Musk sounds alarms about Tesla and the Economy Apple gets into the Buy Now Pay Later game Brookings […]
Credit Card Pre-Qualification and Pre-Approval: What’s the Difference?
Credit Sesame discusses the difference between credit card pre-qualification and pre-approval. Credit card pre-qualification and pre-approval: What’s the difference? Interested in applying for a particular credit card? You may be able to improve your chances of getting that plastic if you get pre-qualified and/or pre-approved for the credit card. What’s the difference between credit card […]
Equifax Credit Score: What Is It and Is It Accurate?
Credit Sesame explains all you need to know about the Equifax credit score. What is Equifax? Equifax was founded in 1899 by Cater and Guy Woolford under the name Retail Credit Company. Its business was mainly investigating consumers and creating reports for insurance companies and employers. Retail Credit Company became Equifax in 1975. In 1999, […]
Rent Your Home and Let the Tenant Pay the Mortgage
Credit Sesame discusses how to rent your home and let the tenant pay the mortgage. Should You Rent Your Home? Getting someone else to pay your mortgage sounds like a no-brainer. That’s what should be happening when you rent your home to a tenant. You’re still the home’s owner, so you retain all the advantages […]
Is Buy Now Pay Later Right for You?
Credit Sesame discusses the pros and cons of buy now pay later. It sounds like such a good deal. If you get to buy now and pay later, isn’t that a win for you? The deal sounds especially appealing when Buy Now Pay Later plans advertise that they have no interest charges. Still, as with […]
Why Being Pre-approved for a Credit Card Puts You in a Stronger Position
Credit Sesame on why being pre-approved for a credit card puts you in a stronger position. Why Being Pre-approved for a Credit Card Puts You in a Stronger Position Eager to get a credit card? Getting pre-approved for one can put you on the fast track to getting that plastic and reaping its perks. But […]
Personal Finance Weekly News Roundup June 4, 2022
Credit Sesame’s personal finance weekly news roundup June 4, 2022. Stories, news, politics and events impacting the personal finance sector during the last week. Equifax reports error affected some credit scores Fed finds access to banking still limited in some communities U.S. savings rate lowest since Great Recession Buy now pay later use doubled last year […]
Six Reasons to Own Your Own Home
Credit Sesame discusses reasons to own your own home. Mortgage interest rates have risen lately, and home prices continue to escalate. But that doesn’t mean that purchasing and owning a home isn’t a good idea. If you are financially ready and enjoy good job stability, now could be the perfect time to claim a home […]
