Mixtaping Business Solutions

Archive for the ‘Business Credit’ Category

credit report
When a person refers to a loan, usually is referring to money borrowed from a bank or a lending institution, and obviously must be repaid with interest at an agreed time

A free credit report – credit report, no more than the current state of economic commitments to a financial institution, or in other words, the status or report a debt incurred with a bank or lending institution, without make a charge for this information.

All institutions, by statute, must have some method for their customers to obtain a free credit report – credit report, regardless of the method have to do so.

The most common method to obtain a free credit report – credit report is through the Internet, through a specialized portal must also meet safety standards required to keep such information private and do not expose the client’s financial information to malicious people.

Note that the information contained in a credit report free – credit report, but personal and protected in some way by the institution that generates, there is in most cases available for others who want or need your credit available in less detail.

From this we can conclude then that the importance of a free credit report – credit report not only lies in the opportunities that we have to know the state of our debt, but the possibility that third parties can have met him, but to a lesser detail, we will know whether or not reliable when applying for a loan with them, so it is always advisable to maintain the best image

When you want a loan from bank, buy a house or getting hooked on a mortgage always in your head that you have to have good credit. Previously we talked about how your FICO score is made on what model that most lenders use, these are the scores you might have in detail. This credit score can vary from creditor to creditor, but will give you a good idea where you want your score when you go to apply for credit.

Your FICO score can range from 300 to 850, the higher the better:

720 or more
This score is considered to be excellent. This score will open the door to lower interest rates the market.

Between 680-719
Most people have this score. This item is considered very good. If you have this score usually give you competitive interest rates.

Between 620-679
If you are in this category most likely to get approved for the loan, but the terms and rates could be a little high.

Between 570-619
From now on no problem. This score is not bad, but most is coming to it. Banks and creditors will offer the highest rates. If you have this score I would recommend that you wait 6 months to a year before entering into any contract. You should try to improve this score (paying your cards in full, ask for an increase in your limit, reaching agreements with collection companies if you have account in it, clean up your credit report) before seeking bids.

569 or less
Here is the real problem begins, it is not very common to give you a loan if you have this score. You should start to improve your credit and start paying your bills on time. Do not apply to any loans that will most likely deny it and this will affect you but your credit report.

The credit is very valuable. Without good credit, it is very difficult to progress. People with good credit have done so because they have been responsible with their money: spend less than you earn, pay all your bills on time, and request new credit only when you really need. Achieving this is something that takes years.

Latin culture has much to do with it
In the Latin culture is very common share what we have with our friends and loved ones. “What little I have I share with you” is something you hear much. This is a very noble way of living and should be performed. But there are instances where we can share what you do serious damage to the person who gives, it receives and the families of both. This is the case with credit.

Share the credit: the case of John and Julia
John and Julia have fought for 15 years to have good credit. Then one day a cousin called John who is going through a difficult time and needs help. He asks John to be guarantor for a credit card. John, wanting to help his cousin, says yes. Six months later, the card is the limit, 90 days late payments and creditors are knocking at the door for John to pay. Or worse a good friend then asks for a credit card given to John because he did not qualify for one and he promises his cousin who will pay without fail. After not doing so, John and Julia are also responsible for the balance and your good credit is at risk.

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Wednesday, 7 am, Terminal Four at Barajas Airport (Madrid). A lawyer commits the gross negligence to go to catch a flight to the Canary Islands and is so foolish not to take credit card with which they had bought a ticket. If there are people not paying attention, you’re looking for problems. See, not realizing that I had to carry a credit card with his client (the client of the lawyer) had bought the ticket …!

It makes Iberia controls to prevent fraud in the purchase of tickets by credit card. Besides the ID and the ticket, now asking for (without having advised, I am afraid) they have to fly with the credit card with which you bought the ticket. Do not teach the card, do not fly, plain and simple. It means you’ve won / stolen / ripped off credit card and there on the fly, Iberia judge you and condemn you to not sully his plane with your filthy presence.
I get a few questions:
- And if you’re a bride and groom and the ticket was a wedding gift? Do they ask the guest a gift card? Bad solution … the name of the card does not match the identity of the parties. Phew, what so unromantic start married life.
- What if an employee travels of those who have no business card and the fare paid with the card from your boss, which is typical? Very simple, you make a letter explaining everything and cross your fingers to give an employee of Iberia that is reasonable. Is there such employee at seven o’clock in the T4? If you are a credit card scammer do not you do it yourself letter with these hands and your knitting?
- And if you travel a spouse married in marital and ticket was purchased with the card (with which you have an account Dower) given to the other spouse? Technically speaking, the card is so Dower as the account but … what does this means the employee of Iberia at 7 am in the damn T4?
I continue with the story. The traveler is a very good lawyer, intelligent, strong, persuasive … Iberia said that if the card was not his, telephone who had bought the ticket. What a good idea. Seven in the morning. The customer is the Canary Islands, where there are six. Great time to call a customer and ask for help and do not know what a card.
And anyway, what are expected to read the card holder called by the traveler? Let’s see, if you’re a cheat card and you get caught, they tell you to call the cardholder to request an explanation, do you call the card holder or rather stole flames sleeve buddy is covering you? “Hello, are you the nits? I’m the hairs, I know it is seven o’clock in the morning, do not call if he has no problem GRAAAAAVE I’m sure you can get me. You see, I’m in T4 and said this man would not let me fly because I have no credit card which I bought the card. I’ll call you, as owner of the card because, Nit, you verdaaaad “(José Pérez López) are the holder of the credit card, eh Joe?” And what meets the Nits? “Wow, no, I do not know what you’re talking, I’m not José Pérez López,” take this man to jail. ” Or answers rather than later, he authorized the purchase and your friend is a man great?
A little wisdom …
The worst thing is how the matter was settled. Iberia repay him flying with his own credit card. Luckily I had balance … And now the bill is paid twice: once by the client canary and again by the traveler personally. What do you call when you are forced to make a disposition without the previous payment was illegal? At least, unjust enrichment.