FinanceDogma – Finance, loans, creditcard and mortgages

October 6, 2009

Finance tips – Gaining capital for your new business without getting a loan

Filed under: Finance — Tags: , , , — admin @ 1:25 pm

You might think that you have to have good credit to start your small business. Actually, this is not the case. In fact, if you are willing to put in some extra time, there are several ways in which you can raise hundreds, or even thousands of dollars, in a relatively time-efficient manner.

How do you do this? Well, here is one way. First, you can simply go on a hard-core budget. Stop spending money on ANYTHING that is not necessary… crack down on the extras… stop buying soda and drink water. By enacting a very strict budget, you can easily save a hundred dollars a week. That is four hundred dollars a month, and within a year, that is $5,200! Does a year seem like a long time? Maybe… but think of it this way. You will probably make it back in the next year without budgeting! And then the next year you can simply put that money into your pocket, or use it to expand your business. (more…)

March 9, 2009

Credit Score

Filed under: Finance — Tags: , , — admin @ 1:30 pm

Credit score is used by lenders, such as banks and credit card companies, to calculate the potential risk posed by lending money to their customers. With help of credit score check, lenders can decide who qualifies for a loan, at what interest rate, and what credit limits. If you are interested in taking a loan then your credit will play a vital role as the lending institutions will check if you have capacity to repay the loan on time.

Having a good credit history will give you more opportunities and it will be easier to find the best loan for yourself. Keep in mind that by having a good credit score you will have better interest rate and credit limit. Make sure that you pay your debts in time so that you will have possibility to borrow money again in the future.

You should also know that credit score is not limited to banks and credit card companies. There are other organizations that use credit score to decide if a person is qualified for a loan or a credit. Organizations like mobile phone companies, insurance companies, employers and landlords.

February 16, 2009

Credit solutions with bad credit

Filed under: Finance — Tags: , , , — admin @ 5:23 pm

Many people have missed a payment on a credit card or a utility bill some time in their life. To get out of that debt, they would have to try to pay off two bills at once. But what happens when they can’t make the payment on that new bill either?  The longer they let the debt go, the worse their credit rating will suffer. The more bills they have in collection, the lower their credit score will be because they haven’t paid off the debt.  (more…)

February 5, 2009

Fixing your bad credit quickly

Filed under: Finance — Tags: , , , , — admin @ 4:16 pm

If you are like most people in the world today, you need to fight to get a loan so you can get a car, pay a bill, or just have money to go shopping. This is due because you have made a few financial mistakes in the past and they are haunting you now. You have missed a bill and it went to collection, your credit card got declined because the balance was over the limit. Has this ever happened to you? Many people suffer because of those reasons but you don’t have to worry, you can get the things you want and fix your credit score all at the same time. Here are a few ways to fix your credit score so you can get the things you want in life. (more…)

February 1, 2009

Fast cash loans

Filed under: Finance — Tags: , , , — admin @ 10:48 pm

Have you ever needed some extra cash and don’t know where to get it because other lenders wont give you the money because your credit score is to low? What if I told you that you can get the cash you need and you don’t have to have great credit to get it. That’s right, all you need is three things to get this type of loan; a job, be at least 18 years old, and have an open good bank account. If you have all of these things, you can have your money within 24 hours or less. These loans cost a little more in interest but you will have the money you need for that emergency.

“You must have a job” is the most important criteria that you have to meet. Without a job no one is going to give you a loan because you will not be able to pay the money back that you have borrowed. With this type of loan, the lender likes to see that you have been employed longer than six months. If you have had employment at one job for longer than six months, this shows that you are stable in your work history to borrow the money and that you have the ability to pay the loan back.

You have to be at least 18 years of age or older to be qualified for this type of loan. The lenders want you to be an adult and have your own bank account in good standings. If your bank account is in the negative, you will not get the loan because it shows the lender that you don’t know how to properly manage your money. With all of the criteria met, you should have no problem in getting this type of loan on now or low credit scores. These loans are designed to help you out in a jam, your car breaks down or you need a small amount of cash for the holidays.

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