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As lenders play hard to get, give your credit rating a facelift to qualify for the best deals David Budworth How easy life used to be. Need to raise money? Take out a loan. Fancy a second home in the country and need a mortgage? No problem. Not any more. The global financial crisis has brought an abrupt end to the days of cheap credit. Banks and insurers, once so free with their money, are being increasingly cautious. Tim Moss, of the comparison website Moneysupermarket.com, says: “Soon you are going to need a spotless credit record simply to have a paper delivered to your door.” Only the most attractive customers can now be assured of the best deals. But how do you make sure that you have a face that fits? Times Money has some beauty tips. Full Article Here
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Posts:
194
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27/03/08
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(3 of 3)
Re: How to turn yourself into a model borrower
14-Oct-2008 11:51
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Has anyone needed to take out a loan recently? Did you have to shop around more than in the past to find an acceptable deal? Was it difficult to find any deal at all?
ModeratorSG
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418
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Re: How to turn yourself into a model borrower
13-Oct-2008 12:04
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It is likely that you will need to borrow money at some point in your life. Every time you do, lenders check credit ratings to decide whether you are a suitable person to lend to, using a process known as credit scoring.
There are a number of steps you can take to fix your credit rating and so avoid the frustration and inconvenience of being turned down for credit.
How to improve your credit rating
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244
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How to turn yourself into a model borrower
11-Oct-2008 20:40
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As lenders play hard to get, give your credit rating a facelift to qualify for the best deals
David Budworth
How easy life used to be. Need to raise money? Take out a loan. Fancy a second home in the country and need a mortgage? No problem. Not any more. The global financial crisis has brought an abrupt end to the days of cheap credit.
Banks and insurers, once so free with their money, are being increasingly cautious. Tim Moss, of the comparison website Moneysupermarket.com, says: “Soon you are going to need a spotless credit record simply to have a paper delivered to your door.”
Only the most attractive customers can now be assured of the best deals. But how do you make sure that you have a face that fits? Times Money has some beauty tips.
Full Article Here
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