The other big trouble in the credit rating game is habitual late payments on accounts and delinquent financial records. Having no insurance is akin to asking for trouble. Specific investment is definitely the payments being made on the note.
While at work today, I got a special letter that was handed to me by our receptionist. Guess what it was? My credit card bill! I was not really surprised by its arrival or by its content. I pretty much know when it will come and I definitely know how much I have used that card within the month. Still, seeing the amount that I have to pay never makes me smile. Oh, I laugh, but it is more of a nervous laughter, if you know what I mean. Sometimes, no matter how much I decide that I would not use the card again till the remaining balance is zero, I find myself in a situation wherein I simply have to use the credit card.
But I digress. The point is that I also knew that the average interest rate on the “180 days same as cash” loans this furniture company provides is 18%, even for good credit borrowers. As I dug a little further, I discovered that “Steve” had $12,000 in revolving debt that he had incurred over the years, with an average interest rate of nearly 15%!!!
I have people call me to inquire about buying a body shop that have no automotive experience at all. You where can i get a guaranteed loan buy an auto repair shop, muffler shop, brake shop or lube store, and learn the business, with no experience to start. If you are wondering if NearmeLoans has enough experience with where can i get a guaranteed loan you should check how long they have been around. You probably should not buy a salvage yard body shop, or scrap yard with out being raised in the business. If you are a salesman you can buy almost any business.
One great way to combat all of these credit killer problems is through debt consolidation. That is, rather than hold all your debt on several unsecured (credit card) accounts, you get one big loan of up to $10,000 and pay them all off. Then, you only have one payment to remember each month and you are also guaranteed to pay the debt off over time – since you cannot make new charges on a personal loan.
In my experience, most people have the money but they just forget. They don’t make it a high priority on their “to do” list. They incur fees and reminder notices just through forgetting. If this is the case, you can quickly turn a low grade into an A by shifting your focus.
OReal Estate Note: A Real Estate Note is a written document that states a promise to pay for a Real Estate purchase and the terms of that purchase such as the amount due, payment amount and interest rate and length of time to be paid…Real Estate Note, Trust Deed Note, Mortgage Note, Promissory Note, Land Contract are all the same thing.
In another example you are a CFO for a plastics company and are hired away by another firm in another industry. Provided base salary and compensation are guaranteed there would likely be no underwriting concerns.
Using this 2 step combo, finding guaranteed auto loans for bad credit, should be a walk in the park. You have the tools right in front you, so don’t hesitate to get started.