Marika goes solo this week and explains in detail how your credit score and credit report are calculated.

Knowing how the reports are compiled and what affects a score is vital if you want to make sure that when you apply for a loan your credit score and report are positive and this episode has great content on how lenders use credit scores and credit reports along with what you can do to be in the best position

 

KEY TAKEAWAYS
Your credit score is used for many different financial products including loans, credit cards and mortgages
It’s a score that is assigned to you and is based on how you  have managed your payments in the past
Anything that has happened in the last six years will be seen by the lender
thing
You need to be on the electoral roll and registered to vote
How long you have lived at a particular address, are you traceable?
Lenders don’t want to see high levels of borrowing
The closer you are to your limits on current credit cards the less creditworthy you are
The report details how you have been managing your payments
Lenders are looking at a combination of your score and report to decide on lending
When you are applying for a mortgage check both Experian and Equifax
Try and find out what credit report the mortgage lender will be using.

 

BEST MOMENTS

‘The longer you have lived at a particular address the better’

‘They like low levels of personal borrowing’

‘If you are an investor check across all the credit score companies’

 

VALUABLE RESOURCES

Investing Earning Living Podcast - https://omny.fm/shows/investing-earning-living

 

ABOUT THE HOSTS

Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30’s through hard work, dedication and desire to change lives.

They have battled unforeseen life’s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.

CONTACT METHOD

Email-  info@investingearningliving.com 

 

Phone - 0333 050 9443

Facebook - https://www.facebook.com/Investing-Earning-Living-1669019896663211

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marika goes solo this week and explains in detail how your credit score and credit report are calculated.
Knowing how the reports are compiled and what affects a score is vital if you want to make sure that when you apply for a loan your credit score and report are positive and this episode has great content on how lenders use credit scores and credit reports along with what you can do to be in the best position
&nbsp;
KEY TAKEAWAYS
<ul>
<li>Your credit score is used for many different financial products including loans, credit cards and mortgages</li>
<li>It&rsquo;s a score that is assigned to you and is based on how you&nbsp; have managed your payments in the past</li>
<li>Anything that has happened in the last six years will be seen by the lender</li>
<li>thing</li>
<li>You need to be on the electoral roll and registered to vote</li>
<li>How long you have lived at a particular address, are you traceable?</li>
<li>Lenders don&rsquo;t want to see high levels of borrowing</li>
<li>The closer you are to your limits on current credit cards the less creditworthy you are</li>
<li>The report details how you have been managing your payments</li>
<li>Lenders are looking at a combination of your score and report to decide on lending</li>
<li>When you are applying for a mortgage check both Experian and Equifax</li>
<li>Try and find out what credit report the mortgage lender will be using.</li>
</ul>
&nbsp;
BEST MOMENTS
&lsquo;The longer you have lived at a particular address the better&rsquo;
&lsquo;They like low levels of personal borrowing&rsquo;
&lsquo;If you are an investor check across all the credit score companies&rsquo;
&nbsp;
VALUABLE RESOURCES
Investing Earning Living Podcast -<a href="https://omny.fm/shows/investing-earning-living"> https://omny.fm/shows/investing-earning-living</a>
&nbsp;
ABOUT THE HOSTS
Marika and Marek are experienced investors and owners of multiple successful businesses. The hosts went from having nothing to becoming multimillionaires in their early 30&rsquo;s through hard work, dedication and desire to change lives.
They have battled unforeseen life&rsquo;s circumstances and challenges which made them realise that they do not want to be in the same rat race as others. Valuing diverse investment strategies, business avenues and multiple income streams, they are passionate about helping others to succeed in life. Listen and learn.
CONTACT METHOD
Email-&nbsp; info@investingearningliving.com&nbsp;
&nbsp;
Phone - 0333 050 9443
Facebook -<a href="https://www.facebook.com/Investing-Earning-Living-1669019896663211"> https://www.facebook.com/Investing-Earning-Living-1669019896663211</a>
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The Investing Earning Living podcast, by Marika and Marek, will reveal how you can invest, increase earning potential and live the lifestyle you desire.  

Listen and learn how you can go from 0 to multimillionaire by applying various investment and earning strategies to achieve your goals.

Hosts will talk through aspects of diverse investment strategies, returns and high paid professions and passions.

The hosts will call upon their contacts and interview people from all walks of life that have managed to become successful and achieve a great lifestyle through various investing and earning strategies.

Marika and Marek will draw all their experience and connections, starting from nothing and building a huge investment portfolio, diversifying investments, earning avenues and multiple income streams.

The Investing Earning Living podcast is for all interested in investing, earning more and living the lifestyle they desire.

 

The Investing Earning Living podcast, by Marika and Marek, will reveal how you can invest, increase earning potential and live the lifestyle you desire. &nbsp;
Listen and learn how you can go from 0 to multimillionaire by applying various investment and earning strategies to achieve your goals.
Hosts will talk through aspects of diverse investment strategies, returns and high paid professions and passions.
The hosts will call upon their contacts and interview people from all walks of life that have managed to become successful and achieve a great lifestyle through various investing and earning strategies.
Marika and Marek will draw all their experience and connections, starting from nothing and building a huge investment portfolio, diversifying investments, earning avenues and multiple income streams.
The Investing Earning Living podcast is for all interested in investing, earning more and living the lifestyle they desire.
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