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It goes without saying: maintaining a good credit rating is essential to obtaining mortgages or loans in the future. Most people understand what can affect their credit rating: missed payments, bankruptcy, and so on. However, there are a number of unexpected factors that can affect your credit score that; hitherto, you may have been unaware of. Closing a credit card account Closing a credit card account can have a major effect on your credit score. While you might think that it’s a good idea to get rid of accounts that you no longer...

Whoever said never put all your eggs in one basket definitely owns a lot of eggs. Ideally, all money should not be placed solely in the bank or in real estate or stocks and even in jewelry. As much as possible, money should be placed in different forms of investment to avoid significant loss. As a result, more and more people are investing in jewelry, particularly diamonds, because of its accessibility and value. According to Shirley Bassey, diamonds are forever. Marilyn Monroe also said diamonds are girl’s best friend. Even Rihanna...

It’s true that life sometimes doesn’t pan out like you thought it may. It’s only human nature that people grow and develop, learning that they had passions for things they never thought they once had. This may lead people to investigate the possibility of further education at a later stage in life; either training in a completely new subject or honing their skills in a specific field. However, further education is not the cheapest of lifestyle choices; degrees usually costing anywhere from 20K-50K. However, if your heart is set...

Whether obtaining a home purchase loan or a traditional refinance, there are fees that must be paid for this service. These fees, which represent various services that are a part of putting the loan together, generally fall into different categories. Basically, understanding third party fees in a mortgage will also give a clearer picture of the amount of work that must be performed in order to reach a mortgage approval. Below are 8 common third party fees that are charged to mortgage borrowers: 1. Appraisal Fee The appraisal fee is the...

If there is one thing we can say for sure, one generalization we can make, it’s that we as humans are collectively very, very bad at dealing with money. The problem is of a psychological nature – money is more of a concept than something physical. Sure, you can hold a wad of bills in your hands, but their worth is defined by what you can buy for them, and if you have ever seen those old Eastern European billion dollar bills from the early nineties you know that the worth we assign to pieces of colored cloth can change drastically...

Purchasing a vehicle is a big step, not only because it becomes your responsibility to maintain and keep running, but because it’s most likely the second biggest expense you will ever pay out after your home. When it comes to financing a car, not everyone can afford an instant payout. Debts and depression are usually the fears that spring to mind when discussing purchasing a vehicle on finance, however when handled in the correct way, there are many options that you can tailor to your own individual lifestyle. How much can you afford? The...

At this time of year there’s nothing better than popping off to the seaside on a summer getaway, or having a place in the sun to go to when the weather turns sour. Having a holiday retreat can be a great way to escape the pressures of everyday life and have your own personal retreat to go to to relax and unwind. However, buying a holiday home shouldn’t be an emotionally driven purchase. It’s important to weigh up whether you can afford a second property. It’s important that you work out whether the financial benefits do outweigh...

In the process of deciding on embracing a private car lease idea, one needs to determine whether it will be a short-term or long-term one. A short-term car lease would go from three months to a year with some exceptions of getting a one-month deal. A long-term lease will be from two to four years. All leases work with major principles of following the rules in the contract and after the leased duration, you hand back the car. The benefits of a short-term private car lease include actually taking pleasure in riding different cars. One...

When looking to add value to a home, most people do not think about practically. Instead, a lot of home owners add a pool or other impractical addition to their property. While this can be a fun addition, to get the most value out of an investment, one should consider these five upgrades to increase the value of their property. Windows When adding nice windows, one can see the value of their home increase. To take it further, one should invest in windows that provide adequate noise and weather protection. When investing a little more...

Planning to invest in mobile application development? Well, it’s absolutely a fantastic idea. Regardless of the size of your business, there are a myriad of advantages that a mobile app can bring to your business. Millions of apps are already developed and new apps are being introduced every day. But the million dollar question is, does all hit the benchmark? Well, of course not. Developing a successful mobile app that actually results is not a child’s play; it requires a plethora of things to take into account to make it hit the...