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What is Credit? And How to Build it.  With the new year comes many New Year’s resolutions. Many people set a New Year’s Resolution to purchase a house. But to be able to achieve this, a person needs adequate credit to qualify for a mortgage. Here is a helpful guide on what credit is and how to build it.
What is a credit score? A credit score is a three-digit number ranging from 200-850. This number reflects your “risk” to a loan or credit card provider. In other words, it is how likely you are to pay off a loan or line of credit; the higher the number, the more likely you are to pay, at least in the eyes of the bank.
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Why Lower-Income Philadelphians Pay more Property Taxes than Other Cities  City of Philadelphia skyline Philadelphia’s poverty rate consistently ranks as one of the highest in the country for major cities. Pew research has also found that Philadelphia has one of the highest tax burdens for lower income households for a major city. Right off the bat, this seems counter productive. If Philadelphians are already dealing with such high levels of poverty, why is the city insistent on taxing lower income households?
 If you live in Philadelphia, you have most likely heard about SEPTA, the Southeast Pennsylvania Transit Authority’s, well known funding crisis. Due to significant lack of funds, SEPTA has been forced to reduce service, with the first round of reductions taking place last week, more cuts loom in the distant future, while current cuts planned for September 1st, and 2nd, have been halted by a Philadelphia judge.
These cuts not only impact service, but deeply impact the pocketbooks of the average SEPTA rider.
 Mayor Parker speaking at the NeighborhoodLIFT launch A new $15,000 home buyer grant has launched! Real estate publications have labeled Philadelphia’s housing market as HOT. But realistically, what does that mean for renters and prospective buyers?
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