yes these days credit is supposed to be diffcult to have ... to see how much credit card offer everyone is receiving; I don't think so credit is badly place not unavailble. banks want to makes profits on high interest not really where they should. In fact the crisis is base on the fact they want to put more credit to everyone but don't take the risk and send it to others. But the idiot things is that they buy it themself from other banks and then get the risk in another form.
the use of crdit card should be only to make payements and the bill should be paid at the end of the month and very very short term financial accomodation. I can buy a new luxury car with my card I even have enough credit card credit to pay my mortgage I get 9 years ago . not the remaining all the amount I get when I buy my house. this is insane. using all the credit bank will give you to consomate is running direcly to a disaster
Monday, October 26, 2009
credit and credit
Monday, March 31, 2008
Want to buy a house?
What you should do when buying a house
This is a very important transaction for many the biggest of their life. things should be done in order and correctly. but if the game plan is followed correcly it should be an experience not a nighmare. the process is complexe and getting information is key
Find the correct house
this is a difficult part. but the first step will surprise you it's not to look for house but how much you can spend. for this their is 2 part your budget and what the bank is willing to give you. choose the lowest of the 2. and think before taking too much you will not like your house if it make you a prisoner of your payments
decide your criteria. Don't forget to plan the future it's not for one year usually.
then go shopping in your price range what is around your criteria. visit many house and make yourself ease to found the correct one not the first one.
for more information and how to make the next step for buying a house: