Home About Free Conference Conference Calling Basics Conference Calls for Your Business Enjoy Free Conference Calls Conference Call Your Family and Friends Resources | Directory | Site Map
Click Here to Become a Member!

What is Conference Calling?

How can my business benefit
from Conference Calling?

Do you offer free conference

Can I conference call my
family or friends?


Are You Really Ready To Ask Someone To Cosign For You

It looks like you may have reached a turning point in the road. Whether it's for an auto loan, a personal loan, or department storecredit, you may not be able to qualify by your own merits. This is when the cosigner comes into play.

The best place to look for a consigner is within the family, or either among friends. You'll want to trust them just as much as they will want to trust you. If this individual is backing your loan, they will be privy to the same credit checks as you would be if this were your loan all by itself. Their creditworthiness is based on income, homeownership, credit history, and job security.

If you default on any payments, the consigner will have to pick up the tag. That's why it's good to make sure that you have all of your ducks lined up in a row before you put the consigner's financial credit rating on the line. Say what you mean and mean what you say! To the cosigner, you are saying that you plan to honor the credit contract to the letter they have consigned for.

Don't try to take on too much new credit at first. Take the time to really look at your spending habits. If you have had trouble in the recent past keeping up with your finances, this may not be the best time to put someone else in the cross hairs. Building and managing credit is a huge responsibility. Just ask any one of the thousands of people that have low credit rating scores.

These people started out in good faith. They had every intent of making sure their payments would be complete and on time. However, things often happen beyond anyone's control and those things that happen are events that can often send a good credit rating south for much longer than just the winter. Put aside a little money each month to cover the loan repayment and make it a priority. Protect the person who consigned as if he or she were you.

Remember that the reason you needed them in the first place was because you couldn't qualify on you own merits. That doesn't make you a bad person in the least. It just means that it may take a while before the system deems you credit worthy and until that happens, make sure you have the consigner's best interest at heart.

Liz Roberts is a loan consultant with NewHorizon Finance and has been providing consumers and business owners with financing since 1989. Bad Credit? Join our mailing list for tips on building and repairing your credit yourself, without hiring a credit repair service. Click here for a list of credit cards for bad credit

Free Conference

Rhino Dispells Steel Building Shipping Myth - Rhino Steel Building Systems, Denton, Texas.

Ensuring Your Success When Working With Real Estate Agents - You have heard all of the hype surrounding real estate investing, and you're ready to get started.

home selling tip - Home selling tips are everywhere - some suggesting things you might never thought of, some are general ones you're likely to find everywhere.

Basics Of A Stock Screener - The basic course of action of a Stock Screener is, of searching for companies that meet definite financial criterion.

Some Known Stocks You Can Invest on - The socially conscious investor will find a wide range of Eco-friendly stocks and mutual funds to choose from, both small and large.