At first glance, you may think they’re the same thing – complex software algorithms that crunch credit reports and spit out a credit score based on that data. Digging deeper, we even see that the scoring models known as VantageScore and FICO have similar goals: to gauge the risk of a consumer falling behind at least 90 days on ...Continue Reading →
The BIG list of financial help and support: Nearly 1,000 links to programs, resources, relief, deals, discounts & freebies
Right now, the U.S. is facing unprecedented financial hardship as the Covid-19 pandemic has essentially driven our economy to a standstill, with millions of businesses shuttered and tens of millions of consumers unemployed or facing income reductions.
While it’s hard to say ...Continue Reading →
Many of us are scrambling to get our finances on terra firma these days, and that means some hard choices when it comes to writing checks for our mortgage, credit cards, auto loans, and more. In fact, about one-third of US renters didn’t pay on April 1st, and we’re just one month into this crisis!
Part of the “new normal” ...Continue Reading →
On March 27th, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2 trillion package intended to inject the economy with much-needed funds.
Most of you are aware of the CARES Act by now, and familiar with the stimulus checks that are (supposed) to be mailed out to tens of millions of Americans soon or ...Continue Reading →
The Coronavirus pandemic has caused irrefutable risk to the health and safety of hundreds of millions of people around the world, but the economic devastation is just getting started.
With stay-at-home orders pausing most travel and foot traffic, mass layoffs and an astronomical jump in unemployment, and small businesses going under left and right, the impact may be felt the ...Continue Reading →
The world is a different place than it was just a week or two ago – a new reality we all have to face. While this isn’t the forum to recount news of the pandemic, stock market crash, or threats to the U.S. economy, we did want to give you some tangible help and guidance when it comes to ...Continue Reading →
It’s 2020, and that means many of us are writing our New Year’s resolutions and goals for the coming year. So, we wanted to outline ten financial goals you should keep for all of 2020 – and beyond!
- Start saving
Without a solid savings account in case of a rainy day, our finances really aren’t on solid ground. But surveys ...Continue Reading →
It’s a good time to be in the mortgage business, with shockingly low interest rates, record home equity, and thriving – if not spectacular – real estate markets nationwide. However, we all know that these halcyon days won’t last forever.
In fact, with about 300,000 mortgage lenders (between banks, brokers, and LOs) in the U.S. all fighting for the same shrinking ...Continue Reading →
Ranking the most beautiful city in the U.S. for everything from school systems to gas prices, real estate to debt levels, and even credit scores.
If you live in San Diego, then you’re probably incredibly proud of your scenic SoCal city, and vacationers flock to experience its beautiful bay and temperate climate. But is life in San Diego really all ...Continue Reading →