Author: YGMTeam

The size of your down payment could be just as important as your credit score in getting an affordable mortgage. written by Megan DeMatteo Buying a new home involves lots of decisions for both the buyers and the mortgage lenders — and it all begins with financing. Your main focus when buying a home should be securing a mortgage with low interest rates and a monthly payment that fits into your budget. To make it easier, experts recommend cleaning up your credit report and boosting your credit score before applying for a mortgage and saving up for a considerable down payment. You may also check out the Novae H.O.M.E. program that includes credit assistance as well as a wealth of home buying resources. But it’s not always clear how big your down payment should be. Traditionally, homebuyers hear they must be able to put 20% down, but depending on where you live and what kind of mortgage you get, you might not need that much. Yet there’s still one major...

CONYERS, Ga., June 19, 2020 /PRNewswire/ — Reco McDaniel McCambry, President & CEO of Novae, a financial services and training company, has been accepted into the Forbes Business Council, the foremost growth and networking organization for successful CEOs and business leaders worldwide. Mr. McCambry was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics well beyond annual revenues exceeding seven figures, as well as personal and professional achievements and honors. “We are honored to welcome Reco McCambry into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Business Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that assist executives with growth professionally and make an even greater impact on the business world.” Novae CEO Reco M. McCambry accepted into Forbes Business Council. Forbes Business Council Is an Invitation-Only Community for Successful...

8 Ways to Rapidly Increase Your Score If you have a bad credit score, all hope is not lost. You can take some quick steps to improve your credit and qualify for the best possible lending options for your needs. 1. Start Making 100% On-Time PaymentsThe largest determining factor in your credit score is making on-time payments. In fact, on-time payments make up 35% of your total credit score. Ignoring this and looking for other, easier solutions will leave your credit score lurking in the lower levels! Starting today, make every single payment on-time. If you can’t afford to pay off your cards in full each month, make sure you always make the minimum payment by the due date. Using automatic payments can help make sure you never forget and have a late payment. You can set that up at your credit card issuer’s website or using your bank’s bill pay with participating credit cards. 2. Hunt Down and Remove Incorrect, Negative InformationYour credit report...

Guide to Debt Buyers and Debt Collection If you’ve been in debt, you’ve probably encountered debt buyers or debt collection agencies and found yourself confused about your rights and about the collection process. Here we’ve collected useful information on the debt collection process, from the time a consumer opens an account to the time he or she is taken to court for failure to pay. We will review some key terms and hope to give you a greater understanding of this process. We will also review a 2013 study by the Federal Trade Commission concerning the Debt Buying Industry. Did you know that your personal debt can be sold to the highest bidder in an online portfolio with other past due accounts? If that sounds scary, keep reading to learn how you can best protect yourself. Let our experts dispute negative items on your report and get access to credit and debt attorneys at no additional cost!>> The Timeline of a Credit...

How to Get an 800+ Credit Score in 30 Minutes! https://youtu.be/PP4TucABq8w Join us as we cover what it takes to get an 800+ Credit Score! Full webinar includes: 1: What is Credit? 2: How Credit Score affects Community 3: The Cost of Bad Credit 4: How to Increase Your Score 5: Tips and Tricks 6: A Live Testimonial 7: Our Secret Credit Weapon And much more! Need more Information? ...

35 HUGE Tax-breaks You are Probably Leaving on the Table We know that taxes take roughly 1/3 of your income so saving money on taxes is one of the most important ways to build wealth. By having a home-based business like being a Novae Money affiliate, you get dozens of tax breaks that people without a business cant get! What was once a bill or expense is now a tax write-off! Tax write-offs lower your taxable income at the end of the year and can save you big time! That’s why we’ve found this amazing list of all the valuable small business tax deductions, paying special consideration to how your status as a home-based business may impact the write-offs. Use Quickbooks to track your deductions easily! Marketing and Business Development No matter how good you are at the work your home-based business does, every company needs customers to survive! Fortunately, these advertising, marketing, and business development costs are all fully tax deductible, easing the...

25 Money Affirmations to Attract Wealth and Abundance Why do you suppose you are not making more money right now in your life? You have to have a shift in your mindset! And the shift is this: You cannot make more money – or attract wealth and abundance into your life – IF... You don’t believe you deserve it. Here are some self-limiting beliefs that prevent you from achieving your goals: You simply don’t want to – you’re perfectly happy with your state of finances. You don’t think you deserve it even though you’d never admit it. You don’t think it’s possible given your life’s situation. You think wealth is evil and poverty is noble. You think money will make you do bad things. You feel torn, guilty and conflicted about your desire to be wealthy and prosperous. You blame your parents for not having enough money and not teaching you better. You believe riches are bestowed upon a lucky few. You think you will be unhappy because money isn’t...

5 Tips To A Better Credit Score 1. Correct Your Credit Report! 💯 80% of reports contain errors! Verify and dispute any questionable or negative items on your credit report!  It can be difficult to battle creditors but it’s worth it. Our partner company, Novae, has experts that know how to dispute various items on your report. This is key to saving you the time and effort of sending letters yourself, only to find out that you could have received faster results by using a different dispute letter!  2. Increase Your Trade-lines! 📈 The more loans you have in good-standing the better! But, it can be hard to qualify for loans if you have bad credit.  Our partners can help here too! Imagine saving money every month and it getting reported to the credit bureaus! That's exactly what our credit builder loan can do for you! 3. Ask for a Raise on Your Credit Limit. 💳 Call your credit cards and get a raise on your limit but do NOT use the extra raise. This will lower your...