3 Easy Ways To Increase Your Credit Score

By Doc Schmyz

In the old days the "man behind the desk" decided to give you a loan or not. Your handshake was the contract and your honor was the collateral. Now however the "man" has a name...the name is FICO SCORE.

Although there are several credit models, the most commonly used is FICO, based on a model created by Fair, Isaac Company. Their consumer website is myfico.com, and you can find information about the FICO credit scores there.

A FICO score is one of the main factors used to determine your interest rate and the amount of a loan you will be offered. A good score makes you a more attractive loan then say someone who has a less then stellar credit history.

Getting and improving your credit score is not hard at all, just takes time. Here is a tip or two that will help you improve and increase your score.

FIRST: Obtain a Credit History

You may not have a credit history for several reasons. Maybe you?re a student, maybe you pay all your bills with cash, maybe you have never needed a loan for anything. All this will have an effect on your history.

The easiest way to raise your score is acquire a loan, and pay it off on time. In general, installment loans are weighted more heavily than credit cards. In other words, you will improve your credit score faster if you buy goods with an installment loan, rather than acquiring a credit card.

A second idea is to take a sum of money, let?s say $1000, and put it in to a 6 month CD at a bank or credit union. Then you in turn go and get an installment loan against the first CD as collateral. The final part of this step is to take your new loan and repeat the process 2 more times at a different bank each time.

Let the CD's mature, paying only the minimum for the 6 months. Once they mature you cash them out and pay off all three loans. Congratulations...you now have a credit history.

SECOND: Maintain Your Good Credit History

Ok...now you have a good history. No major debt...now to keep the FICO as high as you can.

Make sure you don't close your old accounts. (Unless of course they charge you a fee of some sort to keep it open.) Part of your credit score is based on the amount of credit available vs. amount used. If you close old accounts you may impact this part of your credit.

Something to think about. The day of the month you pay off your credit card may have a lot to do with your FICO score. Let?s say you have a $2000 credit card. Every month, you charge about $1800 to that card. And, every month you pay it off. But here's what happens - your credit card company reports your credit information monthly to FICO, but they report it on the 10th of the month...and you pay on the 15th. This would cause the credit agency to see you carry forward a balance every month. Try changing the payment times...just is sure NEVER to pay late.

THIRD: Repair poor credit

Ok we all at some point have poor credit history. However you can improve your score. It takes time but can be done. If you?re really unsure of the steps you need to take contact a credit counselor. You can find several good services offered online.

The FICO score is most affected by your credit history. To repair a low credit score start paying your bills onetime. In order of value you need to pay your Mortgage, Installment loans, and last your credit cards.

The next largest factor on your credit is how you have used it. You can improve it by paying off your credit cards.

When you?re all done with the rest of things...review your credit report. Get one from all the credit agencies. Look for errors and mistakes. Contact them to see if they can remove them or correct the errors.

A strong, healthy, and clean credit score is a major part of your financial world. Keep it clean and don?t risk it. A good score can factor into things you can't imagine. Don?t damage your score if you can help it. - 23217

About the Author:

Doc Schmyz has worked with investors all over the US and Mexico. He built a free website shares Real estate investing information for all over the US. Find real estate information by state

What Your Penny Stock Broker Can Do For You

By Malcolm Torren

Penny stocks are information-sensitive investments and are therefore very versatile. Compared to other investments, these are less liquid. The stocks are prone to fraudulent activities both online and offline. Stock prices are difficult to price accurately thus lure in scheming opportunists. Also, there is lack of information in companies that sell their penny shares. With all these potential risks mentioned, you need a best friend in the business. The penny stock broker can help you with your investments.

In between the stock seller and the stock buyer is the brokerage firm. If a company sells the stocks, someone has to buy it. The penny stock broker will facilitate and the transaction is completed. But in practice, this is not as easy as it is described here. It's much more complex and requires special stock market intelligence. This is like an advanced buy-and-sell procedure where investors win and lose everyday.

- How can they help you? Movies about big corporations usually have scenes of a major stock exchange. It would seem like everything in the trading floor is messed up. On the contrary, it is very well in order. If a small cap company sells shares at a low start and someone buys them, the brokerage is behind the dealings. The penny stock broker is like the gatekeeper of your stocks. They guard your investment safely from market manipulations.

- What about leverage? The greatest advantage of working with a penny stock broker is that they are the most exposed entities in the business. They understand the loops inside and out. They can give you sound advice on what stocks to buy, when to buy them, and how. Of course they would also advice you what stocks to sell, when, and how to sell them. Whether you win of you lose, they will always be your ally.

- Will they lose if you lose? No. A penny stock broker is not the investor. They are the middle men and technically speaking, they don't have any interest that contradicts yours. Therefore they don't have anything to lose or profit. What they are providing is service. They do you a favor of facilitating your investments hoping that you will profit and they will get a commission.

- So can they make money if you lost your investment? If your stocks fell and you didn't make any money, they get the commission elsewhere. The penny stock broker survives and sustains their service by handling many clients. So they're basically a service oriented firm with a list of clientele. You are one of them.

- Is it fair that you lost and they still earn? Honestly, yes it is. But most of these brokerage firms advice you to spread your investments to as many share to many companies as long as you can still afford it. So that way, if you lose from one investment, you might gain from the other. That's another way to make a good bargain. And you may have another broker to assist you with your other investments.

However, here's a tip for you. Many ambiguous claims of cheap stocks pretend that he or she is a legit penny stock broker. Shares are lowered to the most affordable rate because of the fact that penny stocks are priced inaccurately. If this happens, check on their track record if there's any document available. Report any activities of this kind to the SEC. - 23217

About the Author:

Be careful of penny stock pick frauds. Find an online penny stock broker today.

Software For Investing In Real Estate

By Silace Zyllion

Investment software for real estate is an valuable apparatus in their acquisition, lease and sell analysis. Real estate software provides the investor a unambiguous understanding of their deal, financing and return options, and is helpful in predicting a relatively accurate return on investment. Depending on the features of the software, the investor can use the real estate software to reveal cash flows, net present value, income, and most other investment ratios. If the software has a sensitivity investment analysis, the investor can additionally compare dissimilar financing and sales scenarios to increase their return on investment.



Many of the real estate software programs hold comprehensive financial outputs including: tax calculations, income statements, cash flow statements and even investment ratios. Software is incredible for adding in business disbursements and even helps establish capital gains. Generally, these tools help the real estate investor uncover the best tactic to maximize their return on investment for a particular house.

Most real estate investment software packages are menu driven and are generally user friendly. Depending on your level of knowledge, the data returned from numerous software programs can be much more complete than required. It is nice nonetheless to control access to the supplementary extensive calculations; especially if you are working with a bank or partners who need more financial information.

Depending on your investment goals, you may need a software that provides both residential and commercial analysis. It is critical to understand that the two types of investment are very different animals, but with the accurate tools, the calculations can be easy.

If you plan to do any investing in real estate, choosing a superior real estate software program is the first step into getting the biggest return for your money. - 23217

About the Author:

Download your individual complimentaryreal estate investment software through the freetrainer.com website. Stop by our real estate software site and start investing in real estate today.

Important Facts Any Investor Needs To Know: Buying Tax Lien Foreclosure Properties

By Nathan Williams

No Risk Investor provides education and step-by-step instruction in creative real estate investing strategies for the advanced investor and the beginner alike. The most important thing any investor can do to take the risk out of investing is to have an understanding of the strategy principles, potential pitfalls, and how to effectively turn a profit. No Risk Investor provides members with the necessary resources any investor would like to have in their toolbox in order to be successful.

Members can discuss tax lien investing subjects on our Investor Forum and even interact with other students. They can view archived training videos in the Training Center and consult the Auction Calendar in the Tax Lien Marketplace to plan their investing strategy.

No Risk Investor's Tax Lien Marketplace is a hub for the latest and most trusted information about tax lien investing. Have you ever wondered where you could find a list that shows all the tax lien foreclosure properties in your County? This is another feature of the Tax Lien Marketplace. You can even attend County online property tax sales through the Tax Lien Marketplace.

No Risk Investor realizes the reasons people want to learn how to invest in Tax Lien Certificates and Tax Deeds in the first place--they want to get into property. They understand that it's hard to get into that first property but also how important it is to get some real assets into your portfolio. It's not only important to create cash flow but also to acquire assets. Although it's important that you learn these steps on your own, No Risk Investor also offers pre-evaluated properties for sale. Our team of skilled investors researches and buys properties specifically to help and inform our members.

Every member of No Risk Investor has the opportunity to buy tax foreclosure properties right away. Land is available today for under $1,000 and houses for under $5,000. These homes are complete with a BPO and necessary information to help the investor make an informed purchase. Our houses are given with a Warranty Deed, meaning when you buy a house you receive the deed FREE AND CLEAR. These properties are bought through a tax deed sale and other real estate strategies and brought directly to you. Call or email us today! - 23217

About the Author:

Find the best Tax Lien Foreclosure Properties by visiting No Risk Investor about how to choose the best Government Tax Lien Foreclosure to maximize your profits.

EUR/USD

By AHmad Hassam

EUR/USD is the most liquid and the most popular currency pair among the forex traders. Trading currencies can be exciting and lucrative. Its a great market because of the way politics affect the trends. Elections, strikes, and sudden developments, both good and bad, can lead to significant trading profits if you stand ready to trade the euro is a convenient currency because it encompasses the policies and the economic activity and political environment of a volatile but predictable part of the world: Europe. EUR/USD is the most heavily traded currency pair in the global currency markets at the moment.

Inflation is not good for any economy. Most central banks fight inflation by increasing or decreasing interest rates in the markets. In the United States, where the free-market approach and a usually vigilant Federal Reserve make more frequent adjustments on interest rates. France, Italy, and Germany, the largest members of the European Union (EU), normally operate under high budget deficits and tend to keep their interest rates more stable.

The general tendency of the Fed is to make the dollar trend for very long periods of time in one general direction. Aside from the technical analysis, here are some general tendencies of the euro on which you need to keep tabs:

1) As said before most central banks in the world have a strict agenda to fight inflation. Given Germanys history of hyperinflation in the first half of the 20th century and the repercussions of that period, namely the rise of Hitler, the European Central Bank (ECB) is almost fanatical about inflation. That means that the European Central Bank most of the times raises interest rates more easily than it lowers them. However, right now keeping in view the severe global recession, ECB has lowered the interest rates drastically to stimulate economic activity across the Eurozone.

2) The US and the EU are two major trading partners. This gives EUR/USD currency pair very interesting characteristics. EUR/USD pair is affected by what is happening politically and economically both in Europe and the US. The European Central Banks actions become important when all other factors are equal, meaning politics are equally stable or unstable in the United States and Europe, and the two economies are growing. For example, if the U.S. economy is slowing down, money slowly starts to drift away from the dollar. In the past that meant money would move toward the Japanese yen; however, because the market knows that Japans central bank will sell yen, the default currency when the dollar weakens is often now the euro. USD is inversely correlated to the gold prices. All these facts should be taken into consideration while forming your bias about a particular currency pair.

3) EUR/USD currency pair is heavily influenced by the political developments in the Eurozone. The flip side is that the market becomes jittery and often sells the euro during political problems in the region, especially when the European economy is slowing. These types of trends are minor in nature and tend to wither out with the calming of the political situations. However, day trader and the swing traders want to benefit from these minor trends. These minor trends can be highly profitable.

As usual, you want to closely monitor major currencies and the cross rates. Its okay to form an opinion and have some expectations, but the final and only truth that should make you trade is what the charts are showing you. The direction that counts is the one in which the market is heading.

It is always best to choose only two or three currency pairs and become a specialist in them. Two currency pairs that I would recommend for you are the EUR/USD and the GBP/USD. Both these currency pairs are highly liquid and very popular among the currency traders. Fundamental analysis can help you determine the strong/weak currency pair. Use fundamental analysis to determine if USD is expected to lose value and EUR is expected to gain more strength that means that the currency pair EUR/USD is perfectly timed for swing trading. Use technical analysis to make the entry and exit decision. Combining fundamental analysis with the technical analysis can give you the edge as a forex trader. Sometimes there is a fundamental shift in the direction of a currency pair. As long as you are not following a currency pair like EUR/USD on the daily basis, you wont be able to understand what is happening. - 23217

About the Author:

Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and currencies. Try These 1500 Pips A Day Forex Signals From Heaven. Know Forex Rebellion!