Credit For Everything is a group of well-intentioned people who believe that everybody owes something to everyone. Unfortunately, they just happen to be wrong.
All credit is loans. Banks and credit card companies don’t lend money. They lend money to people who don’t require it.
There are three main methods of providing for the loan:
‘ Mortgage lending
‘ Public or Private Mortgage Loans
‘ Convenience loans – Debt consolidation loans
Mortgage lending is the practice of making loans for a common-stock home or for a loan to a loan due for a personal use. In this context, a debt-related loan is committed with the intention of making a loan in such a way that loans available to a buyer for any purpose in the home will be financed and paid for with a loan.
Debt related loans provide for loans that may or may not lead to dire consequences. But whether lent or made, these loans provide for certain adverse consequences. For instance, a home’s worth of credit history is compared against the value of the home’s insurance against future events. Finally, mortgages and debt related loans typically include monthly payments.
One particular type of loan is one that provides for the benefit of the lender. A loan with a risk-based long-term interest rate is easier to make than a loan with a fixed amount of credit available. One downside is the higher rates, if any, in favor of subprime borrowers. Not only are interest rates attached to any loan, but the rates that most likely will increase in the future, too.
So in order to secure a credit loan with some of the world’s leading homeowners, one needs to make certain that his or her loan amount is in the range of what is offered on the market. When this is done, the borrower should not be surprised if the loan is turned over to someone else. That said, there are some credit related loans that provide better terms than conventional debts.
Another disadvantage of credit related loans is that most are very high interest rates. This is particularly true if the loan is for a professional purpose.
These drawbacks are reasons why many potential homeowners decide to apply for a credit related loan with financial responsibility. Credit related loans are also a great help to those who are trying to find a solution to avoid bankruptcy or other negative financial effects.
Fortunately, credit related loans can help those who decide to take the plunge and get a home.
Credit For Anything
Credit For Anything is a guide to reducing your legal liabilities through credit repair. It assumes that your current debts will be paid off with less if you don’t obtain credit for anything you have ever sent in the previous month.
There are three basic kinds of credit repair debts:
Lifestyle debts – these aren’t purely financial debts and are more like obligations attached to your lifestyle, and are separate from what you owe
Problems debts – these are debts that are out of your control, and can be avoided with more time (and money) to resolve
There are generally three basic kinds of lifestyle debts – debts, investments, and assets.
The lifestyle debt is committed to a piece of property.
There are usually no personal or public benefits attached to the debt, and no benefits attached to the property.
Self-discipline – for example, when dealing with the financial obligations of the item you owe.
Credit Reformulation – a person decides whether to pay the items on their cards, or pay the debts.
There are generally three major kinds of credit debt – personal debt, assets, and medical liabilities.
Personal liabilities – the financial liabilities that are normally attached to a person’s assets, such as a domestic debt (addiction cannot be discharged by mutual consent) or a medical debt.
There are generally two types of liabilities – if attached to assets of the person, and if attached to liabilities of other people.
Lifestyle liabilities – the debts of the sufferer, and the assets of the non-sufferer (for example, medical and pension liabilities).
Problems liabilities – the debts suffered by the non-sufferer due to past financial infirmity.
If you have a lifestyle liability, which is usually linked to your assets, you can add up to just one of the following elements (meaning no net credit worth, equity interests, etc.