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• Mindset
• Business Tactics
• Profit and Loss Statements
• Personal Budgets
• Your One Thing
• Relationships
• Communication
• Economics
• Social Media Marketing and Branding
• Time Management
• Team Building
• Culture at work and at home
• Fitness
• Combined 60 Years of experience running successful businesses
• Scripting and Cold Calling
• Proper Caterer
Question: How can I boost credit score in two weeks?
Two week is tough, but there are two things you can do to raise your score very quickly.
1. If you have any credit cards with balances more than 30% of the credit limit, pay them down. 35% of your FICO score is based on credit utilization. The creditors may not report immediately to the bureaus, so you may have speed things up a little to meet your two-week deadline. Any mortgage loan officer should be able to perform a “rapid rescore” or “credit bureau update” for you. You would provide documentation to show the new balances (screen shots will generally work), and they’ll submit that information directly tot the credit bureaus. There is a small charge for this; expect to pay in the neighborhood of $25 per bureau, per account, plus the cost of a new credit report.
2. If you have any collections or judgments on your credit report, get them cleared up and documented. Then you can do the aforementioned rapid rescore. A word of caution: if the collection accounts or judgments are more than two years old, there is the possibility that settling them could lower your score by changing its status from “collection account” to “paid collection.” Both are negatives, but the older a negative is, the less effect on your score. If a collection account is, say, four years old, it has very little effect on your score. A recent “paid collection” could cost your 20 points or more.
There are other things you can do, such as disputing those items that may be incorrectly reporting. If the creditor doesn’t confirm the item within 30 days, it has to come off your report. This is how credit repair “clinics” operate. Doing this can improve your score—sometimes a lot—but it typically takes more than two weeks. One exception would be a department store who reported a 30-day late payment but was willing to change that because you’re a good customer, and it was just an oversight on your part. With a letter from the store’s credit department that your account has always been paid as agreed, you’ll be able to do the rapid rescore. Going through that process typically takes a week or so.
If
you mean "Are VA loans effective in helping veterans buy homes?" To
that, the answer is an unequivocal, full-throated YES. If you are asking
whether a loan without a requirement for a down payment and with no mortgage
insurance is an acceptable risk for a lender, the answer is also YES. For any readers who may not be aware, the VA home loan is a
mortgage guaranteed by the Department of Veterans Affairs. Qualifying veterans
(that would be primarily anyone who served under honorable conditions in the
U.S. military with at least 181 days of active duty or 91 days during wartime)
can purchase a home with a loan for the full amount of the property’s appraised
value, up to the county maximum loan amount. That will be at least $424,100
nationwide, but much higher in more expensive housing markets. A quick call to
a reputable, VA approved lender can help you with questions in your area. Using the VA loan guarantee, a veteran applies for a loan
through any lender offering VA loans (most do). Lenders use slightly different
criteria to qualify veteran borrowers, so they may be able to be eligible for a
higher loan amount than a conventional borrower. The reason lenders are willing to make loans to borrowers who
have no “skin in the game” (i.e. no down payment) is that VA guarantees these
loans. This means that if the borrower went into default and the lender had to
foreclose; the lender would be protected from loss to a high degree. Oh, and there’s the fact that the veteran DID put
considerable “skin in the game” when they signed up to serve in the first
place. And we thank them for that. So, to answer your question, "Are VA mortgages
effective, "I’d have to say, yeah, I think so". As always, reach out to a trustworthy lender for loan
guidelines or to apply for a VA loan. Ricky Khamis, US ARMY 82ND AIRBORNE VETERAN 1991-1995
Question: Can I raise
my credit from 608 to 690 in five months?
The
general answer is yes, but it depends…
To do this, it would be helpful for you to have
a general idea of how credit scores are calculated. The different aspects of
your credit history and performance are weighted to different extents—in other
words, different parts of your history have different effects on your score.
First, of course, is your payment record. This
makes up about 35% of your score. You generally can’t change a derogatory
entry, like a late payment, if it has been correctly reported—but if a department
store reported a late payment and there’s a good explanation for it, they will
often remove that black mark on request. I’ve had occasions where a client had
accepted a department store credit card, used it once, but didn’t get the bill
(or overlooked it). Boom: late payment. The client calls the department store,
mentions what a good customer they are, and the store reports “paid as agreed”
to the credit bureaus. All you have to do is ask—and there is no downside to
doing this.
If you have payments that are currently
delinquent, bringing them current will raise your score immediately.
If you have any collection accounts on your
report, paying them off may or may not be a good idea. The older an entry is,
the less effect it has on your score. If that collection account is, say, four
years old, changing its status from an old collection to a current paid
collection makes it more recent—and your score could go down if you’re not
careful. It’s best to take care of other, lower risk items before tackling
older collection accounts.
Revolving credit (credit cards) can have a
significant effect on your score, even when those accounts have always been
current. Once your outstanding balance gets over 30% of the credit line, it’ll
start pulling your score down. Paying revolving accounts below 30% will give
your score an immediate boost. Revolving balances are weighted 30% of your
score—almost as much as derogatory entries.
If there are incorrectly reported items on your
credit report, you can dispute them. It’s easy to do online, by going to each
of the three bureaus (Equifax, Experian, and TransUnion). If a creditor that
does not respond to the bureaus’ request for confirmation within 30 days, the
bureau will remove that derogatory entry.
There is a normal reporting cycle for creditors,
so the effect of paying down credit cards may take a couple of months to show
up. If you are working with a loan officer, though, he or she can do a “rapid
rescore” by providing documentation confirming lower balances, paid collections,
etc. to the bureaus. The new scores are typically available within a week or
so.
Call a reputable lender with any specific
questions about your scores or how to meet your real estate goals.
The 7 Unique Attributes
Of Every Successful Person
Success is not measured with achievements.
Instead, it is measured in one’s beliefs towards his actions.
The idea is to quit judging yourself according
to other people’s definitions of success - and decide what is most important in
your life. As soon as you have that, you will know what a successful career,
relationship or health and fitness looks like. Then, you will be able to
measure your progress and see why it is meaningful to you.
One truth when it comes to success is that
developing a successful mindset is not easy. However, it is absolutely worth
it. In order to help you see what does it take to become successful, we are
listing the main qualities of successful people below.
1.Determination
Successful people have the right determination
to work harder than most. They are ready to make most of their challenges and
get things done. They are ready to chew the pain and the sacrifice involved in
the climb to success and to get over the sleepless nights or bloody knuckles to
succeed. The enormous amount of
research at the American
Psychological Association about student determination best shows these results.
2.Discipline
It’s true that successful people needed
discipline to achieve the good life they are having. The truth is, we are
always trying to improve ourselves by learning how to do things. Our lifetime
bases on gathering knowledge (from classrooms to experiences). However, at the
end of the day, all that knowledge doesn’t translate to success for everyone.
The reason why is simple - you have to be disciplined in order to conquer all
the nagging voices in your mind, master the art of setting goals and fuel your
ambition further.
3.Motivation
If you are tired and unmotivated, does it really
matter what strengths you have or how successful you are?
According to many, it doesn’t. The energy levels
stem from one’s motivation to achieve progress in their efforts. Every
successful person focuses on ‘small wins’ and therefore motivates himself
further to achieve the big picture. Even a Harvard-backed
research has proven that the
feeling of progress is the single most motivating variable.
4.Loyalty
A successful person is always loyal to himself
and his actions. After all, it is up to you to shoulder your responsibilities
and be accountable. Even if there are hard decisions involved, you should stand
by them and think for yourself. Only that way, you will know and be loyal to
yourself.
5.Patience and persistence
The only reason why these two go as one point is
the fact that as a combination, they can go a long way in helping a person
achieve success in business. For example, when a new hire arrives to a new job,
it is obvious that they will be a learning curve before they become comfortable
in their new roles. However, if one has unrealistic expectations about how fast
things should progress, there will be no room for actual progress or
eventually, success.
6.(Personal) Connection
According to many successful people, connection
is important - but not in the way of knowing people and climbing up the ladder
with their help. Instead…
One needs to relate to others which in turns
will make everything reach further and deepen in importance. Personal
connection is also important, especially when it
comes to making big decisions and taking major steps towards the future.
7.Self-confidence
Last but not the least is self confidence.
Successful people trust themselves - and it is as simple as that. If you lack
that trust in yourself and you are shaking before each big decision, you are
not meant to be successful and have to overcome that. However, if you work by
yourself to communicate big ideas (while backing them) and pay attention to the
people around you, you are going to succeed.
A Final Word
In the end, successful people are a scary bunch.
They inspire but also intimidate. Just like Jobs’ creative mentality or Gates’
iron will, you need to be guided to success by harnessing all of these crucial
attributes.
Success is not born - it is made. On your
mission, you have to be humble and great. Courageous as well as determined.
Faithful - but also fearless. Along with the above mentioned qualities, this is
the best recipe to success.
Many tend to think that success comes overnight, but let’s
face it, without a lot of hard work, attention and focus, we simply cannot
manage to achieve the great results and success. Most of the time, we need to
give up something in our life, but these thing tend to differ from person to
person.
Still, the general rule does state that success does require
you to renounce something, no matter how hard it would be. Yet, are there
things that we do have to give up in order to achieve the ultimate success?
One of the things you need to give up most of the time in
order to be successful is the time you usually spend with friends or on your
hobbies.
Time is an important factor when it comes to achieving success, and
because of that you need to spend less time for your personal enjoyment. Yes,
it’s a hard thing to do, but if you do want success, this is something that has
to be done.
Another thing you have to give up in order to achieve the
success you need is to give up excuses. Most of the time people use excuses in
order to just avoid things or maybe because they just don’t want to face the
truth. If you want to be successful, admit your mistakes and lose the excuses,
it is always something much better to do, and it also provides you with a
strength of character that only the successful people have.
Don’t wait! This is another trait of successful people.
Instead of waiting tirelessly for answers and results, what you do need here is
to focus on acting right on the spot. Not only it manages to bring better
results, but it’s exactly what you need in order to stand out in front of
others. In time, this can lead to the ultimate success you always dreamed of
having.
But this is not all. Sometimes, for success, you will need
to give up your relationship. This is why many people aren’t successful,
because when this comes in front, they tend to remain with their loved one. As
we talked here, it’s crucial to give up something in your life, you simply
cannot have everything if you want the ultimate success, and no matter how hard
this might look, it is the ultimate truth you have to comply with at all times.
Another thing you need to give up are the worries about the
things in your past. When you want success, you need to start with a clean
slate, and this will truly help you become a better person, not to mention the
astounding results that can appear from the whole thing as well. It’s all about
being motivated, about pushing the boundaries continually, as you are bound to
get the results you want this way, you can rest assured of that. Just remember
that when something needs to be given up, you have to do it, otherwise the
success will slide away!
If you are the type that wakes up at 3am with something on your mind that you did or need to do then you are part of this NDT movement. You never stop thinking about what the "inches" mean to you in order to achieve ultimate results. Results come when you choose to do something different and focus on the "inches". Inches could be; blogging, cold calling, past clients, current clients, asking for referrals I could spend all day on this list....
Point is, instead of focusing on the FEAR of the activity (False Expectation Appearing Real could be that cold call who yells at you WHO CARES). YOU Focus on the result, on the outcome, on the SUCCESS... Means when you are on vacation YOU are one of the ones we see making a deal from your lounge chair while drinking a Mai Tai, or the guy stepping out of the movie to answer the phone, yes YOU ARE THAT GUY...
One of the most important things that lead you to success is
the way you motivate yourself towards achieving that goal, because let’s face
it, it’s very hard for anyone to achieve
the goals that are imposed with so many distractions along the way. Yes, life
is filled with numerous distractions, many of which are specifically created to
put you off-balance as you try to pave your way to success. Of course, at first
it might a little hard to determine, but as time passes and you get closer to
your goal, motivation just becomes the only way to reach your goal.
The main issue is that many people fail to motivate
themselves properly, and this is what gets them off-balance. The way they achieve
motivation requires them to have a clear end goal, as this is crucial. Once you
have an end goal, you will push you towards the limit in order to obtain the
best results. Even if this means that you have to do a massive amount of work,
stay overtime or just train for hours, these seem much simpler and do make
sense when you have a certain goal in your mind and life.
Motivation also ties to physical care as well. Many times,
we think that we do have the power to complete everything we want, but sometimes
our body might not be able to deal with so much work and pressure. The way we
do this is lots of sleep and a good diet that will provide us with an energy
boost. All of these need to combine seamlessly in order to lead towards a happy
life, because a healthy person is a motivated one, as conditions and injuries
or diseases can obstruct us from the matter at hand.
It’s a good idea to keep the motivational factor fun. Taking
the job too seriously might be tiresome and many times you just fail to give
your 100% on that, which in many situations is disappointing. With fun, you
just solve these issues in a more efficient manner.
It might also be a good idea to reward yourself as time
passes and you get closer to your goals, because nothing can be better than actually
seeing that your sacrifices are well worth it and you do benefit from them.
Last, but not least, the motivation also ties in to the self
confidence. In order to be motivated, you need to believe 100% in your
capabilities, because this is the only good way to achieve success. Sure, it
might take a while, but in the end you can rest assured that having a lot of
confidence in your power and what you do will be well worth it!
This is the main reason why you need to focus in order to be
motivated on your goals, as these will allow you to get the success you always
wanted!
