Special Credit Information for Married Couples
If you are married, establish separate credit accounts.
Try to finance real estate in just one partner's name to increase your investment financing potential.
Avoid joint credit, which limits financing possibilities for both individuals rather than one at a time. Accounts in one partner's name only count against that individual's credit.
In other words, when applying for an individual loan, the spouse's accounts won't be listed as monthly expenses and this makes it easier to qualify for a loan.
When beginning your real estate investment business, keep in mind that double income helps qualify you for higher mortgage payments.
(c) Copyright 2004, Jeanette J. Fisher. All rights reserved.
Professor Jeanette Fisher, author of Doghouse to Dollhouse for Dollars, Joy to the Home, and other books teaches Real Estate Investing and Design Psychology. For more articles, tips, reports, newsletters, and sales flyer template, see http://www.doghousetodollhousefordollars.com/pages/5/index.htm
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US August consumer credit falls by $7.88 billion, first decline in ... Forbes, NY - WASHINGTON (Thomson Financial) - Americans unexpectedly decreased their credit borrowing for the first time in more than ten years, mostly cutting back on ... Video: Bernanke: More Economic Pain Ahead Stocks down despite government moves to free up credit Consumers Trim Their Borrowing |
 China Daily | Credit cards next in line for tightening Atlanta Journal Constitution, USA - By MARK GONGLOFF As consumers watch their wealth disappear in the markets, some are also at risk of losing one of their last spending lifelines: credit ... Video: Dow Dips More Than 500 on Worries About Financia Bailout should not include price controls on low-limit credit cards Fed's new arsenal firing blanks |
US consumer credit posts worst drop ever National Post, Canada - US consumer credit plummeted by US$7.9-billion dollars in August - its sharpest drop on record, US Federal Reserve figures showed Tuesday. ... US consumer credit declines for first time in over decade Consumer Credit Drops for First Time in 10 Years US Consumer Credit Dropped by the Most on Record (Update1) |
 Reuters | With Credit Drying Up, Car Buyers Bring Cash New York Times, United States - Tighter credit was a crucial factor in the stunning 26.6-percent drop in September vehicle sales in the United States. In September, sales fell below 1 ... Credit crunch hits auto market's weak link 700 US dealerships could close this year, says head of dealer group Auto dealers looking for the end of the credit crisis tunnel |
 Reuters | Former AIG CEOs back credit default swap regulation Reuters - N: Quote, Profile, Research, Stock Buzz) said they would back regulation of the credit default swaps market in testimony at the US House Oversight and ... Unregulated swaps hastened Wall Street collapse New York insurance regulator calls for regulation of credit ... Greenberg Says Federal Loan to AIG Is Bad Deal |
Corporate America Credit Union and FIMAC Reach Agreement to Offer ... MarketWatch - Based in Birmingham, Alabama, CACU has over $1.4 billion in assets, and serves the financial needs of 174 member credit unions. ... |
 Voice of America | Small US Businesses Feel Pinch of Tightened Credit Voice of America - By Mike O'Sullivan As the US Federal Reserve System announced measures to ease the credit crisis Tuesday, small business owners around the United States say ... |
 New York Times | Federal solar tax credit extended San Antonio Business Journal, TX - The Solar Electric Power Association expects solar generation to expand significantly thanks to the extension of federal solar tax credits to utilities. ... Solar energy gets huge earmark in bailout bill Will Coal Be Cashing In On the New Tax Credit?  Comment by Gregory Wetstone AWEA Sr. Director of Governmental & Public Affairs |
Lekcja 4: The aftermath of the credit crunch Rzeczpospolita, Poland - The words credit crunch are on the lips of those who are now trying to arrange a mortgage and find it no longer so easy. The term credit crunch describes a ... |
Bond Risk Climbs on Credit Crisis, South Korea Rises to Record Bloomberg - The Markit iTraxx Japan index of credit-default swaps rose 7.5 basis points to 201.5 as of 10:18 am in Tokyo, according to prices from Credit Suisse Group. ... EURO CORP-British banks' CDS tighten on govt funding talks Australian Bond Risk Rises to Record as Credit Crisis Spreads Asia-Pacific Company, Government Bond Risk Rises, Swaps Show |
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