If you care about your car enough to get it insured it means your car is lucky to have a wise owner. A wise car owner won’t trust his car to any place there is. A wise car owner will search for the best possible rate and a best possible company. There is a variety [...]

1. 90 days
You can owe up to three months without going into default. However, since the first day that falls into default the bank will claim the late fee and may complain to the judge but your house payment or total debt.
2. Negotiation
The Bank will seek to exhaust all possibilities before falling in the [...]

In Credit and Loan we have found a valuable guide to address the delicate negotiations with the bank when it has fallen (or are about to fall) into a mortgage default situation.
1. Do not fall into the non-payment
Even losing a monthly debit can make us fall in lists and other files from defaulters, and [...]

Banks use an equation in a triangle that covers the three main factors involving personal economy and housing prices, which are crucial to our ability to borrow: Income, Equity and Credit.
What requirements must I meet to apply for a mortgage?
Income: the rest of the relationship between what you earn (your actual income and taxable) [...]

1. Whether you are at risk of defaulting
To do so, calculating your level of debt means the sum of all your credit payments should not exceed 30% of your income. If what you pay for your loan is more than that percentage. Then you’re in trouble … Don’t hesitate to take action soon if [...]