Posts Tagged ‘Mortgage’

Some Advice for Raising My Credit Score?

Quagmire asked: I have a few questions about raising my credit score. My score had been at 680 until recently, when I accepted a new job and relocated to a new city. In that process, I have applied for a mortgage, and have had a credit report run by about six different services ranging from [...]

Free Instant Credit Reports – Avoiding the Scams

Harry J. Andersohn asked: I can’t say that I wasn’t surprised when I started to go through all of my e-mail from readers of my consumer-protection blog and I started seeing lots of requests asking me to look into and evaluate sites that offer free instant credit reports.I never really considered that it would be [...]

What exactly is “principal prepayment”? ?

Marc B asked: I am buying a $85,000 house. I use a credit monitoring site and it says that if I make 500 principle prepayment that it will shorten my mortgage by 20 yrs and save me $76,772.17 in interest. What is this and how does it work? it would be the best to make [...]