Bankruptcy can happen to anyone. It doesn’t matter if you’re a billionaire, millionaire, upper-middle class or blue collar. Bankruptcy doesn’t separate any working class. You may have had a job loss, a decrease of income from your current employer, a divorce, a medical emergency that changed your life forever, a bad business partner or bad real estate investments; […]
First Pro Capital Posts
When You Can’t Get a Business Loan at Your Local Bank
Your credit maybe satisfactory and not impeccable, you need a business line of credit for working capital or expansion but you get declined by your local bank because of their small business underwriting guidelines. Fix or fine tune your personal credit and business credit before or after you obtained alternative business loan. Make credit restoration […]
Why You Should Keep Your Underwater Primary Home than Opting to Rent
Home values have dropped, your neighbors have walked away from their homes, and you have a mortgage balance that is larger than the value of your property. What are your options other than following the masses of stop paying your mortgage payment and opting to rent. Rent inflation is a result of the large strategic […]
Your Credit Score Evaluation
Understanding your credit scores is the key to your success with restoring your credit and obtaining good credit. How is your credit evaluation? Impeccable credit? Excellent credit? Good credit? Fair credit? Poor credit? Some consumers have excellent credit scores in the mid 700s with minor blemishes, but would like to exceed to the 800 plus […]
Preparing Yourself for Home Buying – 5 Easy Steps
With interest rates low, large foreclosure and short-sale inventories, first-time home buyers and the financially recovered homeowners have made the decision to get into the real estate market. If home ownership is finally within your means, keep in mind these five simple steps of home buying. 1. Do Your Diligence: Use the Internet to learn […]
10 Simple Credit Do’s and Don’ts
Consumers may be rejected for loans or jobs based on erroneous credit reporting. In a recent study, 79 percent of credit reports reviewed contained serious errors or other inaccuracies in regard to a credit trade line and personal information. Did you know, the national average credit score for those with a severely delinquent mortgage account was 599 […]