Personal finance

What are the 7 C’s of credit? The 7Cs credit appraisal model: character, capacity, collateral, contribution, control, condition and common sense has elements that comprehensively cover the entire areas that affect risk assessment and credit evaluation. Read more on erepository.uonbi.ac.ke Having credit is necessary in today’s society whether you want to establish a business, buy … Read more

Can credit make you rich? In short, wealthy people do a great job of using credit to their advantage. They look for opportunities to earn a higher return than the interest rate they can borrow money for and profit from the difference. In many cases, that’s how they got wealthy in the first place… Read … Read more

Do you pay monthly for tradelines? These can include credit cards and equity lines such as a home equity line of credit. Installment tradelines are credit products that creditors will have to pay back monthly during a fixed amount of time such as personal loans or mortgages. Read more on www.tillful.com Tradelines are a well-liked … Read more

How much PITI can I afford? In total, your PITI should be less than 28 percent of your gross monthly income, according to Sethi. For example, if you make $3,500 a month, your monthly mortgage should be no higher than $980, which would be 28 percent of your gross monthly income. Read more on www.nbcnews.com … Read more

How do I clear my bad credit history? How to Clean Up Your Credit Report Pull Your Credit Reports. Go Through Your Credit Reports Line by Line. Challenge Any Errors. Try to Get Past-Due Accounts Off Your Report. Lower Your Credit Utilization Ratio. Take Care of Outstanding Collections. Repeat Steps 1 Through 6 Periodically. Read … Read more

How can I prove my income if I get paid cash? To prove that cash is income, use: Invoices. Tax statements. Letters from those who pay you, or from agencies that contract you out or contract your services. Duplicate receipt ledger (give one copy to every customer and keep one for your records) Read more … Read more

Can I have a beard in finance? You can have facial hair in almost any industry these days, said Allan D. Peterkin, co-author of “”The Bearded Gentleman: The Style Guide to Shaving Face,”” and also a psychiatrist in Toronto. But there are a few exceptions, he said, and one of them is finance. (Another is … Read more

Do pawn loans affect credit? Pros of pawn shop loans. For people with no bank account or no one to turn to as a cosigner, pawn loans can be a quick source of money – there’s no credit check required. In addition, your credit scores won’t be affected if you don’t repay your loan, and … Read more

Can I do my own taxes Self-Employed? As a self-employed individual, generally you are required to file an annual return and pay estimated tax quarterly. Self-employed individuals generally must pay self-employment tax (SE tax) as well as income tax. It is similar to the Social Security and Medicare taxes withheld from the pay of most … Read more

How rich is Tony Hawk? Tony Hawk’s net worth in 2021 Net Worth $140 million Age 53 Salary Retired Sponsors Birdhouse, Vans, Independent, Bones, and Nixon Sports Basketball Read more on clutchpoints.com One of the best skateboarders of all time, Tony Hawk is a name that is synonymous with skateboarding. But how wealthy is he … Read more