Here’s a step-by-step guide on how to get a credit card in the UK: 1. Find the right credit card Not all cards are the same. So, you’ll need to apply for the credit card that’s right for your spending needs. If you’re looking for a card you can use abroad, you should...
How do you successfully manage a personal loan once the money lands in your account? Learn how to manage your personal loan payments, starting with your budget.
Your residential status, including how long you’ve lived in one place. Whether or not you’re on the electoral register. Whether you have kept up with loan or credit card payments. The length of time you have held a current account. ...
A down payment can also offset higher interest rates and lower your loan-to-value ratio, which can also help you qualify for better terms. In general, a larger down payment is better when you have a low credit score. However, some bad credit lenders may be willing to accept a down paym...
The better your personal credit, the more options you may have looking for a small business loan. Business credit scores Some lenders will check business credit reports and/or business credit scores from the major business credit bureaus. In many cases, they want to see a positive payment histo...
The equity you have in your home will be decreased, but you may be able to reduce your monthly payments. Choose a mortgage refinance if: You're not sure you can get a competitive rate on a loan or you want to adjust your monthly mortgage payments Credit card: Many cards offer 0% APR...
Here’s what you need to set up your account for online banking: YourScotiabank debit card number:If you don’t have a Scotiabank debit card, you can use a Scotiabank Credit Card number, or your account number for your line of credit, investment, loan, or mortgage. For business customers...
Making principal-only payments can save you on interest over the life of the loan and help you build equity in the home faster. Buying a home is an exciting experience. There's nothing like receiving the keys to your home, especially after you’ve worked so hard to save for a down paym...
1. Home-equity line of credit What it is: A home equity line of credit (HELOC) is a revolving line of credit, typically with a variable interest rate, collateralized by the equity in your home. Generally, a HELOC has a 30-year loan term consisting of a draw period and a repayment pe...
Combined loan-to-value ratio (CLTV) for more than one loan If you are considering a home equity line of credit, you would add the amount you want to borrow or the credit limit you want to establish to your current mortgage balance. This would give you your combined loan balance and you...