Credit & Debt Karl Patton Credit & Debt Karl Patton

Can lipstick be an economic indicator?

An economic indicator provides insight about the state of an economy and whether it is in expansion or contraction. Besides GDP, employment figures, here are 3 non-traditional indicators that showcase consumer confidence - Lipstick, Men’s Underwear and Waffle House indicators.

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Credit & Debt, Smart Spending Beverly Wilks Credit & Debt, Smart Spending Beverly Wilks

How to get preapproved for a mortgage

As you navigate the home-buying process mortgage pre-approval is an important part of this process. If you are pre-approved, it means that a lender has stated that you qualify for a mortgage loan based on the information you have provided. Although not a required step, it is helpful as it can give you a clearer picture of how much house you may be able to afford.

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