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The key to a good credit score is making on-time payments and keeping low balances. This will assure a good score and demonstrate your financial responsibilty to future potential lenders.
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News & Articles
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Beat the Inflation Heat
With the real estate slump, crude oil trading at over $120 a barrel, and sky high global food prices, it's no wonder many average families in the U.S. are feeling inflation's pinch. Take heart: There are some ways to stem the outward flow of cash. Cutting out wasteful spending and taking advantage of some money-saving techniques can help to loosen up a stretched budget.
- 08/11/08
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Mortgage Application Check List
In a slumping housing and credit market, easy mortgage buying has given way to strict rule enforcement that's leaving many potential homebuyers with churning stomachs and a mad scramble to prove their credit-worthiness.
- 08/11/08
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Is taxation the answer to the real estate meltdown?
The headlines are pretty much the same on the tube, in the newspapers and on the internet: A homeowner rescue bill could cost American taxpayers an estimated $25 billion to save Fannie Mae and Freddie Mac.
- 08/08/08
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Housing Bill Home Buyer Credit Comes With Strings
Homebuilders, real estate professionals and the mortgage industry cheered the late-July passage of a housing stimulus bill in the House of Representatives. Homeowners and potential buyers, however, are still wading through the legislative lingo to see just how consumer-friendly the package will be.
Businesses generate a sources and uses of cash statement to evaluate their income and expenses and to check profitability. Similary, a cash flow statement can help you evaluate your personal income and expenses and see if you are running 'in the red or the black' each month.
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