What’s the Real Cost of a Millennial-Friendly ‘Farm House’?
Once upon a time, the American Dream centered on buying a comfortable home complete with a white picket fence in a quiet suburban neighborhood. While there are still plenty of first-time home buyers who are chasing that vision, many millennials are shaking things up in their approach. Quick Tip: Your mortgage approval depends on your […]
Credit Score Rating
Your credit rating is an important part of your financial life but not everyone knows why or how it can affect you. To really grasp just how significant it is, it helps to know a little bit more about how credit scores and credit reporting work. Take a look at our quick guide to the […]
Pay for Delete: One Man’s Success Story Should Still Be a Warning For You
Reddit user Kyle Gardner (not his real name) recently posted a thread about how he was able to increase his credit score 100 points by using a pay for removal service to make his delinquent accounts disappear from his credit report. Basically, Gardner paid a service to get his bad accounts removed from his credit […]
How to Know When It’s Time to Upgrade From Your ‘Basic’ Credit Card
When you opened your first credit card, chances are you didn’t have a ton of options. Many credit card companies require applicants to have a decent credit score and credit history in order to qualify for a credit card product. Unsure if your score is decent? Compare your credit score to those in your generation […]
10 Best Big Cities Worth Considering if You’re Ready to Move in the New Year
Update: Take a look at the Best Midsize Cities to Relocate to in 2017! If 2015 hasn’t been the best year, starting over in different surroundings can help you turn things around in the New Year. Packing up and moving to a brand-new city could be a great opportunity to kick your career into high-gear […]
5 Reasons Why a 20 Year Mortgage is a Great Option
Whenever people talk about mortgages it is almost always a discussion between a 30 year and a 15 year mortgage, but what about the middle road? In 2013 a whopping 89% of mortgage borrowers went with a 30 year mortgage, while 8% went with a 15 year mortgage, 3% went with an adjustable rate mortgage, […]
6 Millennial-Friendly Robo-Advisors for Investing & Growing Your Money
Millennials are progressive when it comes to technology, embracing all things technology related. But when it comes to investing, they’re much more conservative than most would probably like to admit. According to a recent survey about millennials from Capital One’s ShareBuilder survey on CNN, 93 percent of Gen Ys say that they’re less confident about […]
Common Reasons Why Buyers Are Denied A Mortgage
One of the most important steps in buying a home is obtaining pre-approval for a mortgage. To shop effectively, and within your price range, you need to know what that price range is. For most home buyers, the amount they can spend is set by the lender they choose. By talking with a lender, or […]
Bad Credit Mortgage
Unless you’ve got a tidy sum of cash stashed away in the back, buying a home means taking on a mortgage loan. That can be a daunting proposition for someone who doesn’t have the best credit, since it likely means paying a higher interest rate or possible getting denied altogether. One of the myths people […]
How to Improve Credit Score After Bankruptcy
There’s a certain stigma that goes along with filing bankruptcy and the negative impact is something that’s felt long after your case is discharged. There is, however, a silver lining since bankruptcy can provide you with a fresh financial start but it’s important to make sure you’re using the opportunity wisely. Aside from keeping your […]
How Do I Improve My Credit Score After Collections?
With payment history accounting for 35% of your credit history, it’s important to pay your bills in full and on time to maintain a positive credit score. Sometimes, however, life has other plans and it’s not always possible to get your payments in by the due date. Making even one payment 30 days late can […]
The Struggle is Real: Gen Xers Juggle Student Loan Burden from Kids, as Well as Their Own
Generation X (those who are now aged 37 to 50) is often called the sandwich generation because they are growing their families while caring for their aging parents at the same time. But I’m going to call baloney on another sandwich this generation is forced to eat. More than any other generation, they are still […]
The Best Bay Area Community Colleges for Transferring to a University
These days, an undergraduate degree is almost a requirement for a decent career. The problem is that universities charge a fortune with the average year costing between $23,410 and $46,272, depending on the school. In addition, if your academic record isn’t perfect out of high school, you might not be accepted into your top choice. […]
The Best Alternatives to MIT for Computer Science Programs in Boston
If you are looking for the best computer science choice there is one obvious choice: Massachusetts Institute of Technology, better known as MIT. But here at Credit Sesame we are not about obvious choices. As one of the nation’s top universities, MIT can afford to be choosy. MIT has the 8th lowest student acceptance rate […]
How Marriage Affects Your Credit
You’re engaged, or thinking of tying the knot? Congratulations! Hopefully you’ve already had at least one conversation about credit and financial planning. For those of you who are concerned about how marriage might affect your credit, this information might help. Let’s first get a few facts straight about marriage and credit. Your credit files don’t […]
