What Affects Credit Scores? 7 Misconceptions
By: Gwen Moran
Published: October 22, 2010
If you’re trying to raise your credit score to get a good rate for a refinance or HELOC, you might be surprised by what affects—or doesn’t affect—your score.
More money improves your credit score
False. Your level or sources of income don’t affect your credit score, although lenders may look at it when making loan decisions, according to the Fair Isaac Corp., the company that issues the commonly used FICO ...
Facing Foreclosure: What to Do Right Now
By: Jerry DeMuth
Published: February 5, 2010
If you’re facing foreclosure, don’t panic: Take steps right now to save your home or at least lessen the blow of its loss.
The foreclosure process takes anywhere from two to 12 months, so if you're in danger of losing your home, you do have time to seek alternatives. Image: Dreampictures/Photodisc/Getty Images
A record high 2.8 million properties were hit with