Tag Archives: person
Bad Credit Loans: Improve Your Credit Score
Bad credit is becoming a common problem now days. The people having bad credit are not able to get financial help easily. There are several reasons for the bankruptcy, these includes CCJs, IVAs, Defaults, Arrears, people who have previously filled bankruptcy and Late repayments. These profiles add a tag of bad credit holder with your name.
The credit history of a person is calculated on the basis of credit score that is assigned to each and every citizen of UK by the credit reporting companies. This credit score is based on the liabilities of a person. A score of below 600 is considered to be as bad credit score. There are three credit rating organizations in UK that provide free credit score details annually: Experian, Equifax and TransUnion.
Earlier it was really tough to survive with the bad credit score as no one was ready to lend money to these people. But now lenders are ready to lend money in form of bad credit loans to the people who suffer from this problem. All you need to do is to calculate the amount of money required by you and then choose a lender that suits to your conditions. There is only one thing that hurts the borrowers and that is high rate of interest.
There are two variations of these loans that are available to the borrowers; these are secured and unsecured Bad Credit Loans. The secured loans need a collateral deposit to be placed with the lender as a security. There isnt any such type of security deposit that should be kept with the lender in the unsecured loans. Bad credit is a problem but there are some advantages of these bad credit score loans. These loans are now available at a lower rate of interest as compared to the previous times. If you are paying off these loans on time, you wont suffer from credit problem any longer. These loans help to correct your credit score. Also these loans can be taken for any purpose by the borrower and the lender wont say anything regarding the need.
The Importance Of Adding To Your Real Estate Investment Group (Page 1 of 2)
But teacher, the computer gremlins ate my homework!!!!! Unfortunately, that is what happened to my well crafted article for last week, right before I left to teach classes at the Learning Annex in New York.
The good news is that after being in NYC, I can now give a really strong example about todays topic which covers what to do once you have found ( or created) a great real estate investment group. What MOST people do from human is exactly opposite of what it takes to be a part of a real estate investment group that yields outstanding investments time after time.
It is human nature to believe that if you have something good, you dont share it with others for fear of not having enough to go around. Psychologists call this a “SCARCITY” model were people believe that there is only a finite supply of anything worthwhile. Coming from a very conservative background, where I grew up the son of a college professor, I was cursed with this scarcity belief.
As I started to gain more and more success, the more I realized that many successful people believed exactly the opposite of me: that is, they believed that by working together and sharing, you could produce an INFINITE supply of whatever was wanted. This is what experts refer to as an ABUNDANCE model.
So how does that apply to us? Let me give you the example from the Learning Annex. During our last night, we had a person in attendance that has been with our group for some time and has participated in multiple projects. This person is a full time real estate investor, is very savvy in her choices, and its a big believer in the power of real estate investment groups.
Afterwards, we got talking about how she might be interested in purchasing multiple units in our N. Tampa project and probably would also know others that were interested. To her credit, she did not want to “hog” too many units for either herself or others outside of the GetPreconstructionDeals.com real estate investment group.
In my opinion, this person could SUBSTANTIALLY INCREASE the ability of others in our real estate investment group by telling others now. Yes, we may run out on “this project” but now lets look complete the chain of events:
1. Some people cannot get into the project because it is sold out;
2. Because it is sold out, several developers take notice and want to offer special incentives to the real estate investment group;
3. Another good project is offered and because of more people are around, a substantial number of properties are consumed, some of them by people who could not get in last time.
4. In turn, this continued activity attracts even better opportunities by developers
5. Because the opportunities are continuing to flow, more and more people are attracted to the real estate investment group;
6. The process simply continues providing an ABUNDANCE of opportunities for all.
Now, suppose you do the opposite and individuals decide that it is a bad idea to grow the real estate investment group. Now what happens?