 |
The Truth About Credit
What you might not know about credit.
Some people don't know about a loop hole in the credit
reporting system.
You probably know that a loan in your name gets reported to
the credit bureaus. And this borrowed money shows up on your
credit report.
The more you owe on your credit report the lower your credit
score will be.
But there is a way to get loans and credit cards that never
show up on your credit report.
When you get a credit card in the name of your business, it
will never be reported on your personal credit report. So you can
get large amounts of cash from the banks I work with everyday and
it will never show up on your credit report.
And you can start a business on paper for almost nothing. Just
pick out a cool name for your new business and submit it
on-line.
That means no matter how much cash you take out in the name of
your business, your credit score never drops.
This is the best way most people have ever seen to get cash
and use it to buy real estate, because the money is
invisible.
Tom Kish. Real Estate Guru
Tom is a public speaker and trainer on the topics of real
estate investing and small business cash flow. He is available
for public speaking, consulting, and one on one coaching for your
business and real estate investing pursuits.
http://cashflowexperts.biz/cmd.asp?ad=137545
MORE RESOURCES:
Credit - Google News
|
|
|
RELATED ARTICLES
A Debt
Mentality
While working through my own debt situation, and helping
others resolve their life issues regarding debt and credit,
it never ceases to amaze me how similar the life stories
are and how profound is the effect of debt on the way a
person thinks about life, irregardless of how much money
they have or don't have.I remember being in junior high
school hearing my father say something to the effect of
"you only have as much money as you have credit.
Credit Reports: Find out
why you have been refused Credit.
You may already have 2 or more credit cards in your purse
or wallet and you have just applied for a third and been
declined. This can be very frustrating considering you pay
off your other credit cards regularly and you are
continually having your credit limit raised.
Your Credit
Score
Credit scores: all lenders use credit scores to determine
interest rates and credit limits.The credit scoring system
was developed in the early 1950's.
5 Killer Steps to avoid
Credit Card SCAMS!
In August, 2004, the Federal Trade Commission issued their
findings of a recent study, which showed that nearly 25
million adults were victims of fraud.Now, most importantly,
If you are a victim of fraud, please do not feel like you
did anything wrong.
SuperCharged Secret 3,
Credit Card Utopia
TURBO-CHARGED KILLER RATE SAVING INFORMATION!Let's just
take a brief moment to recap:If you've been following along
on this journey with me, learning the 5 Super-Charged
secrets to Credit Card Utopia, then you now know 2 very
important things:You now know how to take advantage of zero
to low interest credit card offers.You now know that there
is safety in numbers, and you know the magic "Who's Who" of
the major credit card companies.
Bad Credit? No Credit?
Yeah, Its a Problem.
Many companies use the slogan "Bad Credit? No Credit? No
Problem!" The truth is that it is in fact a problem and
there is no easy way to correct it. It takes a lot of time
and effort to obtain credit when you do not have any and
even longer to fix bad credit.
Credit Cards or Store
Cards - Which Is Better?
Introduction In this article, a presentation is made of the
differences between major credit cards and credit cards
offered by specific stores to their customers. The purpose
of this article is to provide a general overview of major
credit cards and store cards to aid consumers in making
decisions regarding which lines of credit lines would be
the best for them in a given set of circumstances.
How To Get Out Of Credit
Card Debt
If you're like the average person, let me warn you ahead of
time about what I'm going to reveal in the next few
paragraphs. You may be angry after you finish reading this
article about how you've been misled in the use of credit
card debt.
Ten Steps To Building A
Good Credit History
Are you thinking of buying a house? Do you want to buy a
new car to replace that old wreck? Trying to get insurance
on you home, auto, or life? In each of these situations,
what's on your credit report will determine if you can get
a loan or insurance and what rates you'll have to pay.If
you're trying to build or repair your credit history, you
have a daunting but not impossible task in front of you.
What is Credit Repair
and How Can It Help You?
There are millions of consumer credit reports on file from
mainly three major reporting bureaus which include Trans
Union, Experian, and Equifax. These credit gathering
agencies store huge amounts of data about every person that
takes out a loan, credit card, or any other line of credit.
14 Common Credit
Mistakes
Establishing credit and wisely managing your credit becomes
easier when you know how. You'll feel empowered by taking
knowledgeable steps towards good credit, and you'll be on
your way to purchasing real estate and greater financial
freedom.
How to Deal with Hire
Purchase Debt
WHAT IS HIRE PURCHASE/CONDITIONAL SALE?Although people
often talk about "buying on HP", Hire Purchase Agreements
are quite unusual these days. Cars are the most usual goods
sold under Hire Purchase or Conditional Sale Agreements.
New Law Provides Free
Annual Credit Report
As of Thursday, December 1, 2004, one-third of Americans
will be able to access their credit reports from all three
main agencies for free. Passed in late 2003, the Fair &
Accurate Credit Transactions Act creates a central source
consumers can use to obtain a free annual credit report.
Simplifying Your Search
For a New Credit Card
Today, selecting the proper credit card can be a bit
confusing to say the least. There are literally hundreds of
offers from the major institutions eagerly competing for
your business.
Important Things to Know
About Divorce and Credit
Joint debts remain joint debts.Both spouses signed a
legally binding contract with the creditor, and a divorce
decree neither amends this contract nor relieves the
creditor's investment in you.
Save Money and Lower
your Payments by Improving or Repairing Your
Credit
Having a better credit score not only represents easier
access to money from lending institutions, but more
importantly represents instant money in your pocket.This
probably sounds like something obvious for most of people,
but it isn't until you start thinking in terms of real
examples and real dollars that most of us start to
understand the magnitude of the benefits associated with a
good credit score.
10 Ways To Protect Your
Financial Identity Being Used For Someone Else's Shopping
Spree
Someone impersonating you could be spending your
hard-earned money.Impossible! Not really, check, loan, and
identity fraud are a real problem.
How Credit Scoring
Works
The all important credit score! It determines the amount of
loan you can get, it determines the interest rate at which
you are charged for a loan, etc. Your credit score plays an
important figure in your financial life.
How To Get a Low
Interest Credit Card
Consumers often have the first credit card that they ever
applied for, never really analizing how the interest rate
affects their payments, but many other options exist and
can help consumers decrease their payments and achieve
financial stability.With interest rates on some credit
cards rising to over 23%, even low balance credit card debt
can be crippling.
Recognizing the Signs
that You Might Need Credit Counseling
Most families in America today have a credit card; some
have two or more. The type of credit card you own, gold,
platinum, ext, is almost a status symbol in society.
|
|
