Corporate Credit

Corporate Credit / Business Credit How to Establish It…


When most people start out investing, one of the first questions that comes to mind is where am I going to get the money to become a serious investor?

As you can imagine there are hundreds of ways to acquire capital for investment purposes. The problem is, most of them come with a hefty price. One of our goals at the Underground Investors Network is to help you acquire investment funds as quickly and efficiently as possible.

When it comes to investing in real estate, which is one of the primary cornerstones of the Underground Investors Network, most of you have come to realize that in order to get financing, most mortgage companies require at least 20% down.

For some investors, this is not a problem; however for those that are just starting out, this can be a huge obstacle that must be overcome.

Private lenders on the other hand charge very high interest rates, and I’m sure by now you’ve read some of those no money down books and are not quite comfortable with the strategies and skill sets that are taught.

What frequently happens is that you run across an ideal investment opportunity, only to discover you don’t have available capital to take advantage of that investment, and what’s worse is a lot of times it’s difficult to get financing because your credit score is not exactly where you want it to be.

The members of the UIN have discovered that creditworthiness can be the key to creating the financial independence and wealth that you desire.

Many investors, myself included, find out the hard way just how important are creditworthiness is to our financial health.

Many investors have fallen victim to some of the hidden tactics of the credit industry, even before they realize it they find themselves getting deeper and deeper into debt because of this debt their credit scores plummet and most don’t even see it coming.

Therefore it is our desire to help you understand not only the credit process but to teach you very specific techniques to improve and protect your credit going forward.

The faster you’re able to master these credit skills, the faster you will be able to build credit in each of the corporate entities you will use to build your wealth empire.

One of the most important things that you’ll discover in your process of understanding credit is the power of the FICO score.

In this chapter, we’re not only going to reveal what your FICO score is and how to get it. But we’re going to help you improve it as well.

What a most important elements of your FICO score is your credit cards. Credit cards when used correctly, can be an invaluable wealth-creating tool. Credit cards can either be a tool of bondage or freedom; it simply depends on how you choose to use them.

We’ve always believed that in order to become wealthy, you must adopt wealthy habits. With that in mind, a lot of people believe that wealthy people have good credit. Believe it or not, not all wealthy people have good credit scores and this actually works to your advantage.

When someone examines your credit score. They won’t look to see how much money you earn, because that’s not listed. They’re, simply looking at your history, your history of paying your debts on time.

There’s an old saying in the financial world that says, past performance does not guarantee future results. I agree with that. However, we have nothing else to look at.

The good news is that in some cases; past performance cannot only be changed, it can be eliminated.

So let us begin the journey of changing (if not eliminating) your credit history.

Our journey begins with your FICO score. FICO actually stands for Fair Isaac Corporation, the company who invented the FICO score.

Your FICO score is nothing more than an aggregate of your credit scores from the three main reporting bureaus.

The first step in building your personal and corporate credit is in obtaining your FICO Score.

For information about how to establish business credit you should consider investing in MERCATO: The Underground Art of Wealth Creation.