What if you did not authorize an inquiry, can you dispute it?

Yes. If you did not authorize any of inquiries on your credit report you can and should dispute them. To dispute inquiries obtain your credit report, then make a copy of your credit report, highlighting inquiries in dispute. Finally, send copy of your highlighted inquiries along with a letter demanding inquiries be deleted from your credit report to credit bureau.

Is it worth it?

The next time you are out shopping and salesperson asks you, "Would you like to apply for our credit line and receive 15% off your purchase?" Ask yourself, "Is it worth it?"

Scott Brown is a fair credit reporting advocate and the author of his own website Credit Repair (http://selfhelpcreditrepair.blogspot.com), a free information site dedicated to help consumers repair bad credit and optimize their credit reports and credit scores.

Adjustable rate home loans start with low interest rate and low monthly payments. Adjustable rate home loans imply that interest rate can change during loan term which will either increase or decrease your monthly payment. It is an unpredictable situation. Adjustable rate home loans have adjustment periods that will decide how often interest rates will change. The popularity of this home loan lies with fact that it start with low interest rates.

Balloon mortgage are based on a 30 year repayment plan which after 5 to 7 year term you can either repay entire mortgage or reset entire home loan. Balloon mortgages are again of two types - 7/23 and 5/25. The 1st number (7 or 5) is number of years before balloon maturity date. The 2nd number (23 or 25) is balance of term.

Home loans interest rate is dependent on your credit status. This simply means that interest rate on your home loan will be high if your credit history is faulty. Poor credit score won’t prevent your odds at finding home loan but it will certainly have impact on interest rate. Down payment is another interest oriented term. The more down payment, lower will be interest rate. Don’t hesitate to ask questions about your home loan and make sure you completely understand terms and conditions.

Another factor is debt-to-income ratio. It is amount you make each month as compared to amount of your monthly debt. Finding a good home loan lender is also crucial. Pre qualifying for home loans will negate tediousness associated with process of getting a home loan. Compare mortgage rates and mortgage services offered by various lenders to know best home loan that befits your motives.

A ‘right home loan’ is not an idealistic phrase. On contrary it is not only realistic but also has ability to save a lot of money over term of your home loan. Savings on home loans makes sense to every homeowner. Doesn’t it? A home loan makes sense for every homeowner. With lender competing against each other why don’t you go and catch high tide. Catch high tide i.e. your kind of home loan!