FICO

Single Mom with Bad Credit?

by Allison Watkins on January 4, 2013

in Credit, Home Mortgage Ontario

Boost your Credit Score to Avoid High Rates Single moms all over North America have to work hard to make their ends meet. They have to make payments for insurance, mortgage, medical, grocery, utility bills, etc. all on one income. Many times, single moms have a hard time making payments and become bad creditors. They [...]

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Bankruptcy vs. Foreclosure – What You Should Know

by Kyle Pearce - Mortgage Centre Specialist on May 4, 2012

in Credit, Home Mortgage Ontario, Mortgage

Author: Juliana Montgomery When looking at bankruptcy vs foreclosure, you should think about several different parts of your finances. It is important to educate yourself regarding all parts of each option. This includes current and future consequences as well as the suitability of the solution for your circumstances. Both have long term ramifications and neither [...]

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Why Companies Still Provide Bad Credit Loans

by Kyle Pearce - Mortgage Centre Specialist on May 3, 2012

in Credit, Home Mortgage Ontario, Mortgage

The FICO score starts from 300 and it ends at 850. This score determines whether you will be eligible for a loan or not, and how much you will be given. The score is usually calculated using a number of variables such as your monthly income and expenses, the debts that you have, you job [...]

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Take Charge of Your Credit, Know Your Score!