Qualifying for a mortgage is sometimes easier said than done, with mortgage underwriters looking at a variety of different things to see if you qualify. That's why it's important to know why the following three factors matter when applying for a mortgage. Your Credit Score Your credit score is essentially a measurement of how likely you will repay debts that you owe. While there is a number associated with your credit score, mortgage lenders are able to look at your entire credit report. [Read More]
Bail Bond Financing
The bond amount that is set by a judge could be too steep for you to pay upfront. If you are seeking the release of a loved one, acquiring bail bond financing may be necessary. A bail bondsman will pay your family member's bond and you will be supplied with repayment terms that you may be able to comfortably afford. Criteria Many bail bond companies offer repayment plans that are based on a client's unique financial status. [Read More]
Why Apply For An Installment Loan Rather Than A Line Of Credit?
While both personal installment loans and lines of credit are effective ways to borrow money, these loans have different advantages and disadvantages. There are times when an installment loan is a better option. When should you consider borrowing money this way? You Want to Borrow a Fixed Amount While a line of credit has a maximum loan amount, this doesn't cap your overall borrowing. You can continue to borrow whenever you have credit on your account. [Read More]
Arranging Bail For A Loved One: What You Should Know Before You Go
It's not the kind of phone call you want to get from a loved one. However, when your help is needed to arrange bail, you need to know what to do. Read on for some simple directions that will have your loved one free from jail in a short time. Gather Information The bail bonding agent will need to know some basic facts about the charges and more. If you don't already have the information, phone the jail so that you can provide the bail agent with the following information: [Read More]