Buying a new home or car is exciting stuff. Whether you’re going after a condo or a convertible, it’s a great feeling finding what you want. The only thing better? Knowing that you’re saving money on your loan because you’re prepared and your credit report is in tip-top shape.When you’re considering getting a mortgage or car loan0or any type of loan, really0there are three things you should focus on before you apply. These loan factors are called the “big three” because they could save you big money if you know how to use them to your advantage.FACTOR #1: Your credit score. The first thing you should do is check your credit score. Scores above 680 will help you qualify for standard rates. The higher your credit score, the lower your interest rate will be. Get your credit score as high as you can before you apply. Here are a couple ways you can do that:* Order a credit report and make sure it’s accurate. If there are mistakes, have them corrected by filing a dispute.* Pay your bills on time, especially for at least 6 months before applying for a loan.* Keep your credit card balances way below your credit […]

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