Credit cards and loans can provide you with invaluable financial flexibility, whether you want to purchase a home or use a credit card to finance unexpected expenses. But before you can get approved for financing, lenders will assess how likely you are to pay them back on time. Your credit score is one of the most important metrics lenders consider … Read More
In the age of online shopping, satisfying the need for instant gratification has never been easier. Thus, it’s no surprise that Buy Now Pay Later (BNPL) plans have exploded in popularity in recent years. As of March 2024, 30% of consumers have used BNPL plans. These convenient point-of-sale loans allow shoppers to spread the cost of their purchases over several … Read More
For most people, their home is their greatest asset. The average mortgage-holding homeowner currently has $299,000 of equity in their property. Since homes store so much of consumers’ wealth, they’re an enticing target for fraudsters. In fact, one in 20 Americans have suffered financial losses from real estate fraud schemes. Two common types of schemes are wire fraud and title … Read More
Of all the financial institutions, credit unions stand out for their compassionate service, competitive rates, and unwavering commitment to their members’ success. By prioritizing people over profits, credit unions also earn esteemed reputations within the communities they serve. If you run a credit union, you most likely want to work with a credit partner that shares your values. After all, … Read More
The mortgage industry is competitive, complex, and ever-evolving. As a result, most mortgage lenders are eager to find ways to gain an edge over their competition. One way to set your business apart is by optimizing key workflows with Cascade. Designed by mortgage industry experts, Cascade is a class of workflow automation products made specifically for loan officers. Cascade can … Read More
Your credit score impacts the financial opportunities you can qualify for. Having a high credit score can help you get approved for credit cards, loans, and mortgages. It will also make you eligible for better rates and terms. On the other hand, a low credit score can stand in your way when trying to qualify for these opportunities. If your … Read More
