Credit Score Myths

6 Myths about credit scores If you’re looking for a home, getting a car, or just wanting to up your credit score, then you’re acutely aware of how much influence your current credit score has on achieving your goals. However, there are several misconceptions about credit scores and just what and how they can affect …

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Federal refinance plan in the works for underwater borrowers?

It looks as if a federal plan is in the works to help underwater borrowers with mortgages not backed by Fannie Mae or Freddie Mac.  The proposal, outlined in President Obama’s State of the Union address, would help millions of homeowners in America.  Borrowers would need a minimum credit score of 580 to be eligible.  …

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