During the loan approval process, lenders look at three factors: credit, capacity and collateral - informally known as the Three Cs of Underwriting.
Category: Financial Literacy
You'll have to interact with your lender for decades, potentially - so it's very important that you do your research.
A financial advisor can help you set up a 529 college savings plan and establish a stock investment portfolio.
For this week's money management tip, we'll discuss the benefits of setting short-term financial goals, and how doing so can help you save money.
Making principal payments not only saves you money down the line but also improves your chances of getting a low-interest loan later in life.
Your personal net worth is what you own (your assets) minus what you owe (your liabilities). What's the advantage of knowing this number?
An error on your credit report can increase the interest rate you have to pay on a loan or even prevent you from getting an apartment.
How do rewards systems on credit cards work? We’ll give you the rundown on cash-back programs as well as provide a little insight into travel rewards.