Personal Finance Questions and Answers

What is the average credit score needed to buy a home?




Answers: unless you will have a super big down payment you are looking at least 650!
With the way the real estate market is going, your credit has to be better than it did say a few years ago. "Top-tier" credit scores for home loans are like 680+ (best rates). You can probably go down to low 600's. Below that will be very difficult.

I bring back a direct deposit on midnight on Monday, will it be nontoxic to write a check anywhere today?

does the electronic clearing take effect on duplicate day on weekends?


Answers: depends on you bank hours. If it's not open on Sunday after I would wait at till Saturday dark
no it doesn`t.
one other thing you can do is to run a magnet over the picture number at the bottom of the check.
The machine wont be capable of read the numbers and the check will have to be processed by appendage which takes longer.
A check will be electronically verified at the time you submit it.
The funds are not within yet and it will be refuse.
If you have direct deposit of a payroll check and it's posted at midnight, the funds are available on the double through an ATM, so writing a check will be fine.
if u write a check to day . it will bounce.
if the store uses an form of electronic scan, the check is recorded at time of scan. ur picture is overdrawn.
if the check is processed by hand u own some time.
but WHY make a mistake?
what ever u want to buy can keep on.
It is not safe until you confirm that the money is available within your account.

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