I probably should know the answer to this, but when you are refinancing a loan, does your credit impact the interest rates you are offered, or the interest rates and the total payback amount?

I would imagine payback amount is based on the total amount being refinanced and the terms of repayment only...right?

like
Posting as :
works at
You are currently posting as works at

Your credit rating affects the interest rate which then in turn affects a total payback amount. 

like

Yep exactly what above 2 said. And hey all good OP, we all have things we “suppose” to know but don’t lol.

like

Your principal is the same regardless, but a lower credit score could cause a higher interest rate which in turn means you will pay more interest over the life of the loan, increasing your total amount paid.

like

Thanks everyone! Much appreciated.

like

If ur credit score is above like a normal / good, it makes no difference. So don’t worry about like a 20 pts drop from some random things.

like

I paid the $50 or whatever it was to the collections agency and they took it off. And yes it took 2-3 months for it to reflect

Started checking my credit annually after that (which is free per the credit reporting act)

Related Posts

I have 200k in HYS. Currently have 1k in BTC. Id like to start DCA to diversify my investments. How do you recommend this? Should I buy a bunch outright and then start investing 5-10% of each paycheck?

like

Where can I exit after only working a year? (want to do investing and MBA in the long term)

like

Porsche IPO worth buying now amid market and economy turbulence?

like

People worrying today should read books on trading psychology! Not being patronizing- it will help you in the future, not just for investments but for doing better in life!

like

Will Amex restricting guess access for Centurion Lounge actually make any difference?

I can see short term changes but the way Amex has been aggressively marketing Platinum card, we just will have overcrowding of primary card holders 🤷🏻‍♂️

What's next, everyone has to spend min. 50k a year to get Centurion lounge access or pay per visit.

likeuplifting

I want to start investing in the stock market and doing my own research but don't know where to start.

How much should i save from my salry for securing post retirement life and all general commitments before that. I'm 30 now. Assume no Inheritance. Current in hand 1.85 lpm

like

Any Deloitte people trade on robin hood?

like

Guys - how do y’all split bills during dinner with friends?
SO and I went with a group of friends and folks wanted to split by 10. I don’t mind a one time paying more situation but this has been happening a lot.

like

Does LTA and phone allowance are processed each month as a taxable income if we do not produce the bills ?

like

Hi guys
I am from EY india
I have declared my investments in tax declaration portal , still I see in monthly salary that there is huge tax deduction.
In my previous organization, once I declared my investments in the tax portal , then my salary was very less affected by tax deduction.
But in ey india , I don't see any effect after declaring my investments.
Kindly help me how to declare investments so that there will be less tax deductions from my salary .
#EYINDIA

like

Hi lads,
Anyone please help me understand what would be my monthly salary that will get credited, with/without the tax deduction on monthly basis.

And I'm new to all this I don't know what is variable pay, basic etc. Please help understand this by writing few description on above points. Also by submitting the home rent agreement how much will be saving, and will that only be sufficient or i can add more bills to avoid the dedication. If yes what types of bills i can submit like fuel bills etc.

Post Photo
like

Alteryx stock - thoughts on the company as a longterm investment?

like

SPG points to be used in January for vacation. Planning on going to Maldives. Is it worth it? Also, are there any other places around that area during January that I can make use of my SPG points?

like

Hi all, I have a question regarding retirement accounts. I am not sure if I should choose a Roth or 401k (company has 4+2% match). Currently 23, base salary is ~100k and investments have brought 45k this year which has me teetering between a 22-24% tax bracket. Wondering what the usual tax bracket is of people retired (around 65yo) as I’m not sure anything would bring in significant income with the exception of investments. In my case would a Roth make sense? Appreciate any answers!!

likesmart

Still think we are going much lower here in bitcoin. Last couple of trades were stop outs. That doesn't change the trend or the fact that we are spending more time in lower ranges. My revised target is $8564 as long as this setup holds.

Post Photo
like

What are you all buying today?

like

Has anyone been told they need 25% down for a vacation home?

like

Holding my BTC in Bittrex. Should I move this off to an online wallet before the form in 10/25? If so, any recommendations?

I’ve been thinking about getting into real estate investing. Not right now but later down the road. I’ve been trying to save up for a down payment. What are some good resources for a beginner? Blogs, YouTube, books etc I’m not looking for paid courses because I will be learning at a slow pace. Any help will be appreciated.

like

More Posts

How come I have to pay $116 out of pocket for my dental exam and cleaning? Is this covered by your firm’s dental coverage plan?

likehelpful

Is Leo still the best agency in Chicago?

If not, what are the best?

Thanks

likefunny

Anyone ever break a lease due to the bedroom not having a window? Moved from out of state and didn’t get to tour my apartment but thought there was at least an opening somewhere to let in light. Usually illegal so i’m quite shocked.

like

I don’t have washer or dryer in my new place . I live bear highland park . I want to pay someone to do my laundry . Please recommendations 🆘🆘🆘

likefunny

Omg. If you like Brie, check out TJ's mini brie bites. Heaven in a snack pack.

like

Hello Folks,
Good Morning.

Can anyone help me as to how can I start having experience in SAP. All my professional years I haven't got a chance to have a hands on experience but want to get an understanding of SAP.
Can anyone please help me with the same ?

How's IBM for Oracle Cloud SCM ?

Anyone here recently joined Deloitte India Bangalore location in SAP ABAP Domain Deloitte

Wanted to check regarding what kind of projects we can expect in Deloitte India, implementation or support?

like

Hi, I got selected in S&P. Hr gave me an link to apply for some position but I am not able to do login to that link

Facing issue like user name doesn't exist in tenant s&p global.

Did anyone face the same, if yes could you please help me on that.

I graduated with my Associate of Sciences in Health Information Management in 2021and I obtained my RHIT this past February.
I am transitioning from 15+ years in customer service/retail to healthcare/HIM.
I recently moved the New Orleans area and I am having a really hard time finding a job away from direct patient contact.
I am currently in a Medical Receptionist role that is drastically underpaid, just so I can gain experience.
Any guidance to navigating healthcare career field in NOLA?

Is a 12 month probationary period common ? I haven’t dealt with it heard of one longer than 3 months …. TIA!

like

Can someone help me with the in-hand salary?
I assume Its 1.24 including taxes. 20k is reserved for Performance pay, I believe they will atleast pay 50% i.e 10k per month.

Is this good offer for 4.2EOY?

Post Photo
like

What are some acne treatments to use when TTC or pregnant?

like

Not the results I was hoping for this morning. Went for my first appointment before starting injections this evening. Only 9 follicles. Was told birth control can suppress some so they may just not be visible yet but feeling very panicked now despite the doctor saying it was ok for my age.

This journey is taxing.
Sending you all positive vibes ❤️

like

Anyone in DC or Maryland have a good doctor for PCOS?

like

Tag lines for razor scooters

Hi All,

Does jpmc has any internal program for gfbm team from which a CA fresher who joined recently can move to USA within 2 yrs of joining?

Please respond asap ,it's urgent

Thanks in advance.

Hi fishes, do qualifications like B.E, BCA or BSC decide the CTC?

like

Cam Newton’s LinkedIn…. Why???

Post Photo
likefunny

Additional Posts in Consulting

Anyone heard of this firm The Berkeley Partnership? How good or bad is the work culture, work and the perks?

like

Anyone who had COVID or pretty sure they had COVID, have you noticed any strange symptoms long after the initial sickness? I exhibited all symptoms in late March for ~10 days and recovered. Since then, I’ve had a few weird 1 day fevers and occasional stomach issues, latest in August. Wanted to see if anyone else had similar experiences.

like

Damn you stress canker sore. Damn. You. Pain. The pain.

like

Trying to get my finances in order. Most of my money is in my checking. How much (% wise) should I move to savings? What kind of purchases should I use with my credit cards vs debit card? (Cont)...

like

As a Millenial in tech consulting, I regret nothing.

Post Photo
likefunny

Traveling projects make it hard to plan vacations in advance. Some projects are all over the place travel-wise. You guys have any strategies or tips around this?

like

This is what I think when I see “Ex [Company]” on people’s LinkedIn titles

(Original content)

Post Photo
likefunny

Exit options into Finance? Is MBA really the only way in? I recently passed L1 CFA...

like

There is a role I am interested at my client company. I think my counterpart’s boss would be the best person to refer me to it. He knows I am good. Is it ok to ask my client to refer me?contd

likefunny
like

Finally getting a chance to put together a home office space. Looking for tips, photos, ideas. I have two monitors and a laptop so my do a three screen set-up. Debating about getting a standing desk or putting money in a super comfy leather chair. Open to hearing what you have done!

like

Best books on leadership and sales skills?

like

How long does it take to hear back from McKinsey’s summer internship applications?

like

Would a senior consultant at Deloitte (post-MBA level) get hired by MBB also at a post MBA role? Or one level down?

like

It’s become very obvious both my fiancé and me can do our jobs remotely. Our (very expensive) California lease is up in a month and we’re contemplating ditching it and just riding out corona in a series of long term (1+ months) AirBnBs across the country. Anyone do anything like this? Thoughts? Tax implications?

likehelpful

Anyone have CFP Prep books they don’t not need anymore?

likesmart

Is KPMG hiring? 2 years with EY mainly in Complex Program Management and 2 years in digital marketing, e commerce and product development in apparel/merchandising

likesmart

"The one" is a cruel idea. There is definately more than 1 person you could spark chemistry with. Its the combination of being at the right place at the right time when you meet "The One"

likesmart

Rank these MBB and T2 pre engagement manager titles:
- Consultant
- Associate
- Senior Consultant
- Senior Associate

like

Best consulting companies with exposure to the blockchain / digital assets space?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal