What is the Best Credit Score – Can You Reach ‘Perfect’?

Your credit report and score affect your life in a number of ways. For starters, your credit score affects your ability to acquire a loan, rent an apartment, and sometimes, even qualify for a job.

A credit report shows your bill payment history, current debts, and other financial information. Companies and lenders use this credit report to calculate your credit score.

VantageScore and FICO are the two main credit scoring models. In each model, the credit score ranges are 300 for the lowest and 850 for the highest. Is it possible to earn a perfect credit score? Continue reading What is the Best Credit Score – Can You Reach ‘Perfect’?

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Refinancing Your Home Loan With A Local Credit Union 

Purchasing a home is a major life event and a large investment. Refinancing your home provides you the opportunity to leverage your investment, whether you need cash, want to lower your payment, or want overall better terms for your mortgage.  Refinancing is getting a new mortgage to replace your home loan. When you refinance with your local credit union, you also take advantage of the closer relationship, better customer service, and lower interest rates that typically accompany banking with a credit union instead of a big bank. Continue reading Refinancing Your Home Loan With A Local Credit Union 

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