I was thinking the other day about exceptional people. There are some people, that step out, stick their heads up and excel, when compared to their peers. Thinking back, you went to school with some of these people, and maybe you are one of them. What makes these people exceptional?
In case of in-store credit, the biggest culprits are the big box electronics retailers and furniture showrooms. When applying for their credit and you take advantage of “same as cash” offers, you are actually applying for credit with a completely different company. And in many cases, that company is a financing company.
If you are not seated or standing next to your prospect, then change positions. When your customer views you as being on their side both physically and verbally, you have elevated yourself within their eyes. The result is that another level of trust has been established and solidified.
The good news about our credit reporting system is that time marches on and you can start improving your credit score immediately. Most experts in the financial industry agree that the last 18 months is the most important. Try and negotiate any negative items that are true (bring payments up to date, settle old claims, work out new payment plans, whatever). Most creditors will be more than willing to work with you if you make an honest effort in resolving the negative issue. But make sure the creditor agrees to update your credit record.
Taking a trip to replenish your wardrobe, shopping is a marathon affair in New York holidays. Whatever you want to buy you can get in this mixture of posters, culture, history and romance. Take advantage of the concierge service at the hotel and get a ticket to a show, reservations to the spa, or a Limo tour.
So many people go in and fill out an application in hopes of getting the financing for their dream home. To your surprise you are over qualified and you get approved for much more than you applied for. You have to be careful in this scenario. You may be tempted but you don’t have to take the entire amount.
Some people will go with online financing companies, and this can be a highly convenient way to finance a car purchase if you have no credit history or your rating is poor. Take care, however, to establish the credentials of any financial institution. If the rates look too good to be true, they are probably unreliable. Whichever route you take has to be one you can live with for many months.