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29 December 2013 | 29 replies
., however unless that corp is earning money and credit worthy, you will end up signing a personal guarantee,,,so nothing gained there.
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29 June 2013 | 33 replies
In fact, the higher a person's obligations are the less credit worthy they are seen to be.To the OP, go see an attorney, there are some really foolish statements made in this thread.
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19 September 2011 | 9 replies
in order to build a paydex score you have to purchase goods from at least 5 vendorspay them off within the allotted timeand when they report to DnB that you paid on time(at least 5) you will have the 80 paydex that you desirethe trick is to find vendors that report to DnBjust to name a few that will report and give net 30 lines of credit to new businesses UliveFedexVikingWearGuardPens.comDHLGemplersStaplesOffice DepotNet 30 terms is a line of credit that you have to pay in full in 30 days to keep in good standingsthese are the type of accounts you start with in order to build credit worthiness for your revolving lines
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18 March 2008 | 7 replies
.), borrowers are part of the qualification process (up to 25% weight of the final decision is based upon the borrower's creditworthiness).
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10 April 2013 | 22 replies
My current position with the Federal Government in Afghanistan won't allow me to do a strategic bankruptcy as they monitor my creditworthiness in relationship to the security clearance I hold.
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21 February 2012 | 7 replies
When judging credit worthiness of partnerships do banks basically add each partner's debt and income together to determine debt/income?
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21 February 2012 | 18 replies
A good deal is a good deal and will be credit worthy at more than just one lender.
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21 July 2011 | 22 replies
FHA mortgage insurance also encourages lenders to make mortgages to otherwise creditworthy borrowers and projects that might not be able to meet conventional underwriting requirements, by protecting the lender against default on mortgages for properties that meet certain minimum requirements--including manufactured homes, single-family and multifamily properties, and some health-related facilities.
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20 November 2008 | 12 replies
If the deal is smoking hot, the credit worthiness is less important, but still considered.Want to remove 100% of using personal credit, you need a non-recourse loan, which the lender bases their decision only on the property at hand.You numbers must be good, and they will usually want at least 30% down.
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17 August 2018 | 1 reply
When navigating seller financing, what are the typical documents that a seller will ask for in order to verify that the buyer is a credible, reliable, credit-worthy buyer, capable of following through on the purchase?