Chelsea State Bank is pleased to announce its partnership with Monica Juleff at Liberty Title and Julie Slusser at Reinhart Realtors to host a First-Time Homebuyer Seminar Wednesday, April 13 to help individuals and families learn how to become a first-time homeowner. “As the community bank, we want to do all we can to help… Read More
When considering the factors that influence the approval of a home equity loan, and for any loan actually, the number one thing that your financial institution will consider is your creditworthiness, i.e., can you pay back the loan. These are the Five Factors That Will Influence Your Home Equity Approval. Income and employer Mortgage obligation… Read More
You can, but it is difficult. That’s the short answer. Home equity loans and home equity line-of-credit loans or HELOC provide you with cash using the equity you have built up in your home. However, trying to get a home equity loan with bad credit is an obstacle. Consider these 3 steps first: Understand the… Read More
Stay on Top of Your Credit Scores – Look for Ways to Improve if Needed Your credit score dictates everything from credit card approval to mortgage interest rates. You can’t get away from your score, so take it seriously. Know your score, and know how to monitor it. Stay financially fit!
If you’re wondering how unsecured debt affects your credit score, the first thing to know is that any debt can affect your credit score. If you always make your payments on time – it will affect your score in a positive way. And if you miss some of your payments or do not make them on… Read More