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HELOC Requirements: Know them before applying

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You don’t have to sell your home if you want equity. Home equity lines of credits (or HELOCs) are flexible credit products that allow you to tap into the equity in your home without having to refinance or sell it. Learn about HELOCs and the requirements you must meet before borrowing. What is a HELOC […]

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Review of Foremost Auto Insurance: Specialized coverage for different vehicle types

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Editors’ take: Foremost Auto Insurance could be the right choice for those who want to insure multiple vehicles. Foremost, a part of Farmers Insurance Group insures motorcycles, RVs, golf cars, ATVs and Scooters. Bristol West, Foremost’s partner insurer, can also provide FR-44 or SR-22 forms to high-risk drivers. You may wish to look elsewhere if […]

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Use home equity to create wealth

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The equity in your house is equal to the value of your property minus all debts. If your home is worth $300,000.00 and you owe $50,000 on your mortgage, your equity is $250,000.00, as long as your property is free of other liens. As you reduce your mortgage, or as your house value increases, your […]

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No-deposit auto insurance: The Truth

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There is no car insurance available without a down payment. The phrase “no deposit” is misleading. You can’t get auto insurance without paying a deposit. You can save money on upfront costs by finding a provider that offers a monthly payment plan and allows you to start your coverage after paying only the first month. […]

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Credit Card Competition Act – What you need to Know

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The credit card industry in the United States could undergo major changes as a result of new legislation. Credit Card Competition Act of 2023 is a law that aims at bringing competition into the credit card processing market, which Visa and Mastercard currently dominate. It could have a major impact on the relationship between consumers […]

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What is the impact of new FHFA fees on people with high or low credit scores?

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Some homebuyers who have strong credit ratings will be paying more for Fannie Mae or Freddie Mac-backed conventional mortgages, while others with less credit scores will pay less. In general, people with good credit scores will pay less overall than those with poorer credit. The Federal Housing Finance Agency’s fee restructuring caused some controversy, as […]

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There are 17 financial long-term goals to achieve at every stage in life

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Several years from now, you might find yourself feeling overwhelmed by your financial situation. Mortgage, credit card debt, and a personal loan may seem overwhelming. To overcome this feeling, you must prepare well in advance. The long-term goals can be achieved in five years or longer. The guide explains how to create a long-term goal […]

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  1. Making a Financial Plan in 11 Steps
  2. Budgeting Tips for Easy Money Management
  3. How to earn competitive pay
  4. Career change: How to get started? 9 tips

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