What credit score do you need to buy a home?

 

If you’re thinking of buying a home for the first time, or maybe haven’t owned since the real estate collapse starting in 2008, you may be wondering what credit score you need to get a mortgage. 

In fact, before the housing market crashed, it was far easier for the average person to get a loan since credit standards were very low (or nonexistent!) and the subprime ...

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Death by a Thousand Hidden Fees

If you’re like most Americans, you’re probably tightening your budget and watching what you spend. But it’s not just the cost of goods and services that’s eating up your paycheck, but also the hidden and unnecessary fees that are being lumped in by companies just to try and bleed a few more dollars out of ...

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Grrr and ughhh about $$$! Our stress about money and finances is higher than ever

According to new data from the American Psychological Association and other studies, money is the leading cause of stress for Americans.

In fact, 76 percent of Americans report that financial worries stress them out the most, above even work (70 percent), angst about the economy (65 percent), family responsibilities (47 percent) and personal health concerns (46 percent).

1 in ...

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The news is filled with pressing threats these days, both domestic and internationally. But while the average person may dismiss it, cyber attacks may be the biggest threat to our safety and way of life.

In fact, the recent ransomware attack has infected tens of thousands of computers in nearly 100 countries so far. Ransomware is ...

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8-Figures and broke; Why do professional athletes go bankrupt so often?

Spoiled.

Out-of-touch.

Entitled.

Irresponsible.

Greedy.

Flashy.

Or, just plain dumb.

Those are some words the average person may use to describe the way professional athletes when it comes to their financial management – or mismanagement. After all, with such vast fortunes thrown at their feet just to play a game, how is it even possible that they squander tens or even hundreds of millions of dollars?

Some of that is probably true. Ok, some of that is definitely true, too often. But there ...

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Can you do better than the average person on this credit score quiz?

The average person will get 13 out of these 20 questions correct for a 65% score. Can you do better?

 

True or False:

1. Pulling your own credit report will hurt your score.

True

False

2. When different vendors pull your credit score as you “shop around” for a loan, it will always hurt your credit score.

True

False

3. There is only one version of your credit score.

True

False

4. According to federal law, employers are not allowed to check an applicant’s credit report when hiring.

True

False

5. Everyone is assigned a ...

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