Tag: howtofinance

  • Student loans forgiveness and cancellation demand

    Students loans Forgiveness Four U.S. Congressman wants the student loan forgiveness plan to be canceled. The Biden Administration has been planning on rolling out a $1 billion student loan forgiveness plan. However, the President does not have unlimited authority to cancel out the student loan.  According to the Education Act 1965, the President does not […]

  • How to get Bad Credit Loans From Bank in 2021

    Bad Credit Loans from Bank A loan is readily available financial support for an individual with a good credit history and a high credit score. But many times, it is hard to pay off all debts on time due to financial troubles. According to FICO, individuals in the US aged 18-29 years have an average […]

  • Which FICO score does Carmax uses for finance?

    Carmax finance uses a FICO score FICO score is used to determine borrower’s credit history and credit risk. Fair Issac Corporation created this three-digit number to examine the borrower credit returning capability. It tells about the credit report like how frequent buyer takes loan and replays on time or pending loans. Carmax uses the FICO […]

  • Policybazar aims to raise Rs 6500 crores via PB Fintech IPO

    Policybazar aims to raise Rs 6500 crores via PB Fintech IPO  Policybazar was founded in 2008 by Yashish Dahiya. And PB Fintech is the parent company of policy bazaar.   Now PB Fintech IPO is about to launch as it is already converted to a Public Limited Company. They also received the approval on 5th […]

  • How to save money for a House – 2021

    How to save money for a House [2021] Having a home gives everyone a kind of confidence. But many cannot afford the home of their dreams. Saving up for a home may even be a daunting task for many but can be done, and there are simple ways to make this happen. Determine your down-payment […]

  • How to find an FHA approved Condos?

    How to find an FHA approved Condo FHA-approved condos are particularly attractive to first-time homebuyers because of their lower down payment. For conventional mortgages, you need a down payment of at least 20 percent. Potential homeowners who cannot afford that have an option of a Federal Housing Administration (FHA) loan. FHA loans are by the […]

  • How to avoid PMI when buying a home

    How to avoid PMI when buying a home Private Mortgage Insurance (PMI) is an insurance policy that protects the lender against the borrower’s default of the loan. The mortgage lender will be allowed to take out to cover a portion of the amount borrowed for security against default on the loan. That means that if […]

  • Top 4 alternatives to buying a Single-Family Home in 2021

    ALTERNATIVES TO BUYING A SINGLE-FAMILY HOME – 2021 A single-family home is a detached, site-built home. A site-built home is used to refer to a home that was built at its location. All the components are brought to the outdoor location and assembled outdoors. It can be distinguished from manufactured homes and modular homes. A […]

  • How much Down Payment required to buy a Home on loan?

    Down Payment required to buy a Home The down payment is the part of a purchase price that you pay upfront. It can be the payment for a car, housing, or any other commodity. Our focus here, however, is a house. When you apply for a mortgage to buy a house, the down payment is […]

  • Why Summers isn’t the best time to Buy a new Home?

    Buy a new home in Summers Buying a home is a big financial transaction and as with many other goods, sales and purchases occur through the year. But the time of the year you purchase a property affects the type of property you get, the amount you spend, and even the interest. For many, summer […]