It is tempting for many couples, including those that are married, to open a joint checking account. However, this can lead to some challenges. Here are just three reasons why you should keep your personal checking accounts separate from your partner's or spouse's. You Will Not Become Dependent on the Other Persons's Income A monumental problem with united finances is that sometimes one partner becomes dependent on the other's income. During times of financial hardship when one of you has lost your job, that becomes an acceptable situation. [Read More]
4 Ways To Get A Good Mortgage Percentage Rate
If you are planning to buy a home, the mortgage rate that you receive will affect how much you will ultimately pay for the property. The interest rate for your mortgage is partially dependent on the current interest rates nationwide. However, there are some other factors that are dependent on you. Here are a few things that you can do to ensure that you get a good mortgage rate: Work on your credit score. [Read More]
Why Is Your Closing Delayed?
In the days leading up to closing, you could be faced with several obstacles that could potentially delay closing. In most instances, delays can be avoided by keeping up with the progress of your paperwork. To help keep your closing on schedule, here are some of the most common reasons they are delays and what you can do to avoid it. Failure to Allow Time for Closing When you sign the purchase contract for the home you are buying, you and the seller have to agree upon a date to have the transaction complete. [Read More]
3 Auto Loan Tips For College Students
Buying your first car during your college years can be a challenge. Money is often tight, and you may have no significant credit history. This can make getting a great deal on auto loans in your area difficult. However, reliable transportation is important, especially if you live off-campus or if you're working and going to school at the same time. Take a look at some tips that can help you get the best first auto loan out there. [Read More]