subject: Get Out Of Debt Before Starting A Home Business [print this page] Get Out Of Debt Before Starting A Home Business
Key factors in starting a home business:
1. Keep your investment as low as possible.
2. Make sure that whatever you are investing in will payout a return
in a short period of time.
3. Make sure that your payout is more than your investment.
4. Most Important Make sure you are totally out of debt
before you start your home business.
Here are some facts about the average American:
95% have credit cards
4 to 8 credit cards
65% have maxed-out their credit
80% of these have poor to fair credit scores (550 to 650)
most have collections and/or charged-off accounts
If you are one of these that have this type of credit, dont feel alone.
There are legal, easy ways to totally eliminate your bad debt.
Beware There are many companies that claim they can;
restore credit, repair credit, raise credit score, etc.
What these companies actually offer is nothing more than false promises!
You pay an up-front fee plus a monthly fee for their services. Their services
consist of sending a standard form letter to the reporting agencies disputing
an item or items. (You could do this same thing yourself) What they count on
is that the agency will not respond within the allotted time period of 30 days.
Of course, they always do. So, they get another letter the following month,
and the next month and the next and etc. This usually goes on for a year or sometimes two. All the while, draining you of the monthly fees.
There is a way to totally eliminate your debt, legal and easy, all within a couple of months and no monthly fees. This company has already cleared millions of dollars in debt on behalf of their clients. After over 1000 cases, there has never been one that did not work.
Contact this Author for details or questions.
by: lsel
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