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The balance is the difference between the totals of the credit and debit sides of a financial account.
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∙ 12y ago
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Why did the tightrope walker go to the bank?
To check his balence
If your credit rating is in the mid 500's and you want to purchase a house within a year how can you raise it and can you get it to 700 in a year?
The general way to raise your credit score:1. pay your bills (including your credit card bill) on time.2. keep your balances as low as possible3. don't take new credit. Don't get any new credit cards, for instance.You might also want to take a look at your credit report, and see if there's anything on there that doesn't belong. Anyone who's ever worked with credit reports will tell you that strange things can pop up on a credit report.I doubt that you'll be able to jump up 200 points in a year, though you can show substantial progress if you dedicate yourself to it. There are plenty of decent mortgages out there for people in the 630 - 675 range.I wrote you a book (Appearently I need to find a date, because I've given you so much information:) sorry!! and enjoyI am a sub-prime lender. Although I don't work directly with the home buyers, I fund the money, so I say what goes and what doesn't! Here are a few inside tricks and spacific ways to get started:1) PAY CREDIT CARDS DOWN TO 50% of what your credit limit is. EX. if your Target card has a $500 credit limit, make sure you never have a BALENCE that exceeds $250 (which is 50% of $500).** *** 2) DO NOT close out your credit cards. Contrary to popular belief, KEEP THEM OPEN FOREVER.The more MATURE credit cards you have, that are still OPEN (NOT CLOSED OUT), the more weight they will pull with regards to increasing your credit score, also known as your FICO score. MATURE means credit that have been open for a long period of time. The longer the better.Lenders will often REQUIRE you to have 3 MATURE (greater than 2 years) lines of credit, in order to give you the most financing (0% down loans). Lines of credit are typically credit cards and/ or car payments.I still have my student visa open; it's going on 13 years old, with a $300 line of credit. I use it two or three times a year, so it keeps it's status. IT WILL PULL MY FICO SCORE UP HIGHER THAN ANY OTHER CARD I OWN. It balences any derogatory things that happen on my credit, because it's so MATURE. In other words, if I close that card out, my score will drop (not significantly), but slightly.3) If you have any derogatory accounts, even from years ago, call the companies and ask for letters stating they have been paid off. Then send a copy of those letters to all 3 of the credit agencies listed below:EQUIFAX POBOX 105873, ATLANTA, GA 30348 (800) 685-1111TRANS UNION, 2 BALDWIN PALCE PO BOX 1000, CHESTER, PA 19022 (800) 888-4213EXPERIAN, PO BOX 2002, ALLEN, TX 75013 (888) 397-3742ALSO YOU MAY DISPUTE ANYTHING ON YOUR CREDIT REPORT WITH THE AGENCY. IF THERE IS NO RESPONCE FROM THE COMPANY WHO REPORTED YOU IN THE FIRST PLACE, THEY MUST REMOVE IT FROM YOUR CREDIT.EVERYTHING TAKES FOREVER, SO START TODAY4) Last but not least... TRY NOT TO HAVE YOUR CREDIT PULLED OFTEN. Pull it now to see where you stand, and maybe in 6 months to see your progress. But, keep in mind, everytime you apply for a new credit card or a new car loan etc... they pull your credit. THIS WILL DROP YOUR SCORE EVERYTIME.** 5) FIND A GOOD MORTGAGE BROKER WHO YOU TRUST, AND WHO DOES CREDIT REPAIR.DO THIS NOW, SO YOU'RE PREPARED IN 8 MONTHS. Everything takes forever with the creidt agencies, so start now. It's free.
What are antennae on butterflies for?
for balence
Where is the balence school in wizard101?
it is in krokotopia
Why do humans have pinky toes?
to help you balence.
What is the importance of the wetland's weather?
Keeps the world in balence
Why did the tightrope walker go to the bank?
To check his balence
The balence between incoming and outgoing energy is called what?
Equilibrium
What is the instrument in science to find mass?
A triple beam balence
In science what is the instrument used to find mass?
A triple beam balence
What does chicken and fish in the balence of good heath give us?
protein
What statistical tools are used for financial research?
1.Commansize Balence sheet analysis 2.Comparative Balence sheet analysis 3.Trend analysis 4.Ratio Analysis
Do acrobats on tightrope look down?
No because they are trained to look ahead and balence
Does magnetism happen when positive and negative charges are not in balance?
I think that magnetism does not have balence
