Member You - Finance

Youthful Company President Commits Faux Pas in Hollywood
A few years ago I worked with three other coaches to facilitate a program for a medium-sized financial services company. The company was started several years earlier by their up-and-coming CEO and is still privately held. Our program was built around the topic o

How to Put the Profit Producing Power of Couponing to Work for You
Coupons have proven themselves to be highly effective sales tools for every conceivable size and type of business.Because coupons "pull in the business" they have gained remarkable acceptance and popularity among astute marketing managers. A simple explanation for

In a nice change of pace, all three credit reporting agencies, Experian, Equifax and TransUnion have joined together in developing a new way to score your credit. The three say that this new scoring system, called VantageScore, was developed to make the loan process simpler and easier for both consumers and credit providers.

If you've applied for a credit card or mortgage or applied for credit for some other major purchase, you will know about credit scoring. Probably the most popular scoring system is called FICO for Fair Isaac Company, the company that developed it. But there are a variety of other credit-scoring systems available to lenders. The results of this can be a confusing array of credit scores with wide discrepancies. For example, depending on which score your lender used, you might have been turned down or approved for credit or assessed a higher or lower interest rate.

The new VantageScore system will have scores from 501 to 990 with the higher the score, the better. Because the new system uses information about a large group of customers from all three credit bureaus, it will create a more standardized scoring formula. The joint scoring should eliminate the discrepancies in current credit scoring that can be as wide as 30 percent. However, all three credit bureaus have adm

Real Estate Postcard Marketing In Three-Part Harmony
Real estate agents have been using postcards to market themselves for decades. But why is it that some agents succeed time and time again, while others fail? What's the secret to postcard marketing success?For one thing, the successful agents understand the three-

rocess simpler and easier for both consumers and credit providers.

Effortless Networking - Can We Get Together for Coffee?
How many cups of coffee do you need to cultivate a networking contact? Here is a comment from a reader, and my response to it:"[My biggest challenge is] following up after the initial meeting, and another follow-up after the first coffee/drink, and eve

for Fair Isaac Company, the company that developed it. But there are a variety of other credit-scoring systems available to lenders. The results of this can be a confusing array of credit scores with wide discrepancies. For example, depending on which score your lender used, you might have been turned down or approved for credit or assessed a higher or lower interest rate.

Increasing Web Site Traffic in 3 Easy Steps
If you have a website, chances are that you will want to increase your website traffic. This may seem a little daunting at first, but you can easily increase web site traffic in just a few simple steps. By following these suggestions, you can increase web site traffic qu

ender used, you might have been turned down or approved for credit or assessed a higher or lower interest rate.

How To Set Up Your eBay Seller Account The Easy Way
If you think eBay might be a good place to make some extra cash, then you’re right. With 157 million shoppers, and 100,000 new users each day, eBay is a hot market. It is an excellent place for potential sellers of all experience levels to quickly and inexpensively set

large group of customers from all three credit bureaus, it will create a more standardized scoring formula. The joint scoring should eliminate the discrepancies in current credit scoring that can be as wide as 30 percent. However, all three credit bureaus have admitted that some discrepancies may continue to exist as the they do not always receive exactly the same information about consumers.

As good as this may sound, don't hold your breath about a new AdvantageScore any time soon. The challenge is to get businesses to use this new score rather than whichever score they use now. Also, at least one score provider, Equifax, says it will wait until lenders accept the new score before offering it to consumers – and this could take as long as six months. Even then, each of the three bureaus will market the AdvantageScore its own way and will set its own price. However, you will still be able to get one free credit report, or AdvantageScore, a year as this is Federal law.

Watch your local newspaper for information on AdvantageScore as it becomes more of a reality in the months to come.

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You may be wondering why you'd want to have a mail order business when you can have an internet only business. A mail order business is something that you can run even if something happens to your computer or internet service. Here are some tips to build a successful mail order business.

Companies are willing to pay you to visit their place of business, and act like a normal patron. These companies will pay you just to spend a couple of hours browsing, because they need an honest opinion from an everyday consumer on how well their facilities are doing. Several companies will send assignments right to your email inbox. You can read and decide whether you would like to accept it or not.

That sizzling sound you’re hearing may be a symptom of a major hidden cause of businesses closing their doors. It’s called burnout. And you may be its next victim. Often the last thing a business owner considers is his or her health and sanity. The burnout that results from overwork and stress can deliver a death blow to the very enterprise you’ve been giving your all to create. Setting a course for your business that includes the proper care and feeding of the business owner is a critical success factor in every business.

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