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You are Browsing the March 2009 Archive:

CREDIT BUILDING STRATEGIES FOR REAL ESTATE INVESTORS

Here’s another idea for improving your credit.  Go to two or more banks and invest in a certificate of deposit (C/D) at each bank.  But first learn the absolute minimum amount for an installment loan each bank will grant to you.  Then buy the C/D for that amount.  If each bank will make a $1,500 [...]


CREDIT CARDS ARE A REAL ESTATE INVESTOR’S FRIEND

If you don’t have a credit card, you really should get one.  Today, almost everyone in America has one, and so should you.  Using a credit card is an important way to build better credit.  But if your credit rating is so bad that you can’t get a  credit card, don’t worry.  Help is available.  [...]


REAL ESTATE INVESTOR CREDIT SCREENING BY COMPUTER

Today like never before computers are “taking over,” and they are now doing the job that once was done by credit analysts. TRW developed the computerized credit screening system used most often. You should note that you’ll be asked for the following screened information on almost every credit application you fill out:
PERSONAL INFORMATION
Your [...]


BETTER CREDIT IS THE REAL ESTATE INVESTOR’S BEST FRIEND

There are three (3) main credit bureaus at work in the United States of America today. You may write to them at any time and they will send you a copy of your credit report. One copy per year is free of charge. You may want to go directly on the World [...]