It is a well-known fact that interest continuously accumulate on your credit card amount with time, raising the loan you owe to the credit card company. Consumers have a solution to this problem in order to maintain a good credit score and to avoid the burden of debt entirely. What they only have to do is use their credit card wisely and follow some simple rules.
Credit score health is as important as one's reputation. Building a good credit score takes years, but it only takes an instant to destroy it, hence the comparison. The health of one's credit score lies on how someone has been responsible with his or her finances.
If you're planning to purchase a home or simply need to get a loan, then J.P. Morgan is the answer. J.P. Morgan Chase & Co. which is the nation's largest bank by assets, has become less strict with its criteria when it comes to large mortgages, as numbers of lenders build up to get a bigger portion of the high-end housing market.
A group of financial tech startups are tapping into a niche market wherein 80 million people with low FICO credit scores could not obtain loans from banks and other financial institutions.
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