The reasoning for this is that if you were clearly spending money, and having
no problem paying the bills on time, you must have the income.
Potential landlords look at your credit score along with a rental application and may deny you if you've had past evictions or
problems paying bills on time
Not exact matches
and «In 2015, nonelderly uninsured adults were over two and a half
times as likely as those with insurance to have
problems paying medical
bills (53 % vs. 20 %)... In 2015, nearly half (45 %) of uninsured adults said they owed money
on at least one medical
bill.»
Most of the
problems stem from failure to
pay bills on time or being fiscally irresponsible with spending.
If you have any
problems paying back your
bills on time, call your creditor to arrange a payment plan.
So just by committing to
pay bills on time, one is already
on the right path to fixing credit
problems.
Another main ingredient for solving credit
problems is to
pay the
bills on time.
If you've had trouble, as many have, you might have a low credit score reflecting the
problems you've had
paying bills on time for some period of
time.
Usually it's a short term cash flow
problem, a temporary job loss or a medical emergency that causes an inability to
pay bills on time.
In most cases,
problems with
paying your
bills on time can be easily addressed.
Seriously,
paying bills on times can solve 90 % of
problems realted with credit scores.
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Problem is, you still have to
bill those hours, even if your law firm has an accountant, tracking hours, clients, rates, preparing invoices, and collecting
on those invoices, is
time you never get
paid for.
To improve your insurance credit score,
pay your
bills on time, monitor your credit report and do anything you can to fix
problems that could be lowering your score.
The characters and individuals
on the shows struggle with
problems many monogamous couples face, like getting the
bills paid on time and being able to communicate with each other when the kids are screaming.
With the options folks have nowadays, it is the Syndicator's
problem not the investor's
on how the Syndicator will
pay the
bills in the
time it takes to turn around a property and sell it.
While I certainly understand that it's «not the investor's
problem» if the sponsor can't
pay his or her
bills — wouldn't it be in everyone's best interest if the sponsor CAN work
on the deal / deals full
time?