You Might Know More than You Think About Your Credit Score

When icount surveyed 1000 regular adults in the UK, they didn’t know if these folks would understand much about their own credit scores. And if you asked the people themselves, their answers didn’t exactly inspire confidence. When asked “Do You Think You Understand Your Credit Rating?”, 25.6% responded “No, Not at All”, and 47.6% said “Yes, in Some Ways.” That’s nearly three quarters of those surveyed expressing a somewhat tenuous comprehension of this vital piece of credit knowledge. But, when pressed, a lot of these people seemed to know a little more than they thought they did.

74.8% of people thought that past debts and bankruptcies had more to do with a low credit score than any other factor, which is true. Most (64.1%) understood that reliably paying off credit accounts was another major factor. Again, true. There were some other, more nuanced, criteria which seemed to be a little more confusing,however. These included “Credit Searches” (important to only 47% of people), Usage of Available Credit Limit (33.9%), and Financially Linked Dependents (34.6%). 8.6% panicked like deer in headlights and simply said “I don’t know”, then presumably went and played a credit card operated slot machine.

Understanding credit is important. Having good credit will determine, to a large extent, whether or not you will be able to borrow money for a car or a house. It also determines how much you’ll be charged for the borrowing of this money (fees and interest). While many people don’t have a ground-up knowledge of credit score influencers, this is knowledge that isn’t that hard to acquire or understand. If you count yourself among the 75% (or so) of respondents who don’t know about credit scores or don’t know much, spend a little time learning about the subject today.

Ways to Gain Accomplishment in Spread Betting

Spread Betting is getting more attention nowadays because of the greater rate of returns compared to customary trading accounts. It is a technique to get profits from the increasing and decreasing market prices of different products, shares, currencies, indices, and commodities. With a small percentage of investment, you can open gates to significant tax-free profits, if you trade in the right way. But first, you need to decide on a rational and sensible approach to gain profits in spread betting.

Things to Do Before the Trade

First of all, you need to narrow down your market. Whether your interest lies in shares, foreign exchange, currencies, or commodities – you need to choose and then place the trade. You must also make sense of the market and factors affecting the prices of the market you have settled on, the economical and political conditions of the countries, and the financial instruments which will help you predict the outcome.

It is necessary to keep yourself updated regarded any major declaration and media reports concerning economics to know the working of the world’s economy. News sites such as; The Economist, Bloomberg, FT, and Reuters, also provide trade information that will be useful for deciding the market and predicting the result. Spread Betting jargons which include pips, deposit, offer price, slippage, points, margin, bid price, spread, and stop loss play an important role in understanding what is happening during the trading process. Individuals also need to understand them first before initiating the trade.

Selecting Your Spread Betting Company

There are a number of Spread Betting companies in the UK to choose from. It is important to do your research, and settle for the one that provides the individual with greater advantages and dependability, such as ETX Capital.

You should start it off with small bets to get acquainted with the working of the dealing platform. When you are ready to enter the trade, you need to then strategically plan your moves to know when to enter or leave the trade, and what should be the extent of your bet. This is essential as it will help you reduce the risks and manage it by using different tools and strategies, such as stops and limits.

Drastic increase and decrease are a part of spread betting. However, to secure the individuals against such circumstances, lock profits or setting trail stop-loss can be used. It will lock your profits when things are working in your favour. You gain some, you lose some. When it comes to betting, losing is the part of the package. But reducing the loss and leaving the trade before it is too late is essential. You cannot disregard it or else you will be under a mountain of losses.

These steps are very important for beginners to get positive outcomes from spread betting. The more experience you will gain in the field, the smarter choices you will be able to make to become successful. Firms like ETX Capital also provide consultancy services which you can benefit from, and voila, you will be getting favorable results from spread betting in no time!

Attract Better Tenants with the Perfect Open House

Attracting the right tenants can be a difficult task, but representing yourself as a high-quality landlord starts from the moment you make contact with potential tenants. One of the most lucrative ways you can attract better, higher-paying candidates is a well-planned open house showing. Follow these guidelines to make your showing as professional as possible and land yourself a dream tenant.

Is All Starts with the Listing

The first impression you make on potential renters comes through your listing, so do your research and craft one that will catch a potential candidate’s eye while laying out all of the amenities your property can offer. Once you’ve crafted this ideal listing, post it on sites that will connect you to a wider audience of wanting renters. Apartment search engines like Hotpads.com and Apartmentfinder.com offer various ways to showcase the best components of your property, with interactive maps, easy listing templates, and a variety of other listings to help you compare and competitively price your rental.

Schedule Showings

Don’t wait to schedule showings as you begin to receive inquiries. Be proactive and set a few dates during which potential candidates can attend. This will make preparing the home more manageable for you. You’ll want your showing to be convenient for prospective tenants; schedule it for at least 48 hours after your posting goes up, during non-business hours, and on a weekend date if at all possible. This will mean more traffic for you and a better pool of candidates to choose from.

Understand the Area

You need to come into an open house with thorough knowledge of the neighborhood and surrounding areas. This includes detailed insight on local restaurants and shopping, the school district your property falls under, and nearby outdoor areas like public parks that tenants will be able to take advantage of. If you have the time, make fliers that will detail these issues and hand them out to tenants as they walk in to peruse at their disposal.

Consider the Details

Even the smallest of efforts can make a huge difference in your open house. Time your showings during the best time of the day. If your property offers amazing views of sunset, schedule your open house an hour before and allow visitors to see the beauty offered. Avoid showing the home on a day where the garbage is out to be picked up—curb appeal is important. Make the apartment or house feel homey by providing fresh-baked treats, like a plate of brownies or a fruit platter to encourage your guests to take their time and really take in the space. If it doesn’t make sense to bake inside the home, you can just as easily order cookie bouquets and have them set up on the counter when inquiring candidates attend your showings. Little touches like these provide a more personal connection, and will be an attractive facet of your showing to quality tenants.

Recruit a Cohost

If an influx of potential renters arrive at the same time, you’ll need some backup help. Consider recruiting a cohost to help you show the place. It’s likely you’ll receive many people during the showing (if your listing did the job it was supposed to) and it’s unlikely you’ll be able to give each candidate the attention they need throughout the entirety of the open house. If your property boasts outdoor amenities that you’ll want to show off during the listing, i.e. a barbecue area, pool, etc., you can have your cohost serve as a guide to these areas, while you remain in the main home to welcome any other arrivals.

Communicate with Current Tenants

If there are tenants residing in the property you are attempting to show, do your due diligence and keep up with communication, letting them know at least a week in advance that they’ll need to be out of the home on the specified dates. Offer to pay for a meal for your current tenants—this thoughtful gift will get them out of the house and thank them for their efforts. The more respect you provide to them, the more you’ll receive in kind, and this will hopefully result in a cleaner apartment and less work for you when it comes time to clean up the space for viewings.

Pulling off a successful open house requires honing in on the details and plenty of preparation, but when done correctly, could mean wonderful things for your tenant placement and rental income.

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