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Paying Off Your Student Loans Early Shouldn’t Be a Priority – She could only get $7,000 towards her first year of tuition which was $25,000 so she had to get a $20,000 student line of credit from a bank. And they can be very expensive, like buying a house,
While bad credit can stymie your mortgage application, there are ways to gain approval. Here are tips on how to buy a house with bad credit.
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How to Buy Your First Home With Bad Credit: 15 Steps – Your best chance of buying a home doesn’t come from navigating the obstacles created by your bad credit. Rather, it comes from turning your bad credit into good credit so that you don’t have to deal with those obstacles in the first place. It’s a simple fact that buying a house on good credit is always the smartest move.
What Happens if You Don’t Pay a Debt? – For those first six months of not paying a debt, your credit score will drop, perhaps as much as 100 points, some experts say. But it’s after 180 days with the charge-off that some experts say is.