John Ulzheimer, Author - MoneyTips

What Is a Mortgage “Suspense” Account?

John Ulzheimer — Mon, 04 Apr 2022 15:06:51 +0000

If all goes well with your mortgage, your money will always go toward paying your balance, and you’ll never accidentally underpay or overpay your mortgage balance. But if you do happen to underpay or overpay, your mortgage lender can’t simply accept a partial payment or send you a refund check. Instead, your money goes into...

The post What Is a Mortgage “Suspense” Account? appeared first on MoneyTips.

My Credit Card Isn’t on My Credit Report – What Can I Do?

John Ulzheimer — Wed, 30 Mar 2022 16:15:20 +0000

I have a credit card that is not appearing on my credit report. How can I get the account added? The short answer is that there isn’t much you can do to get an account added to your credit reports. Creditors are not required to report credit card accounts on your credit reports. It’s their...

The post My Credit Card Isn’t on My Credit Report – What Can I Do? appeared first on MoneyTips.

Mortgage Grace Periods and Late Mortgage Payments Explained

John Ulzheimer — Tue, 29 Mar 2022 15:00:55 +0000

It goes without saying that always making your loan payments on time is arguably the most important rule for you to follow in order to earn and then maintain great credit scores. Late payments should be avoided like the plague. However, the subject of late payments and credit reporting, especially mortgage late payments, is often misunderstood. Here’s...

The post Mortgage Grace Periods and Late Mortgage Payments Explained appeared first on MoneyTips.