Friday, October 21, 2011

Can you make real money from having good credit?


Yes & No, but mostly, YES!

No, because not everyone is aware of the fact that good credit can be a source of income and Yes, because I & many others have done it and know it's true!

Having a good credit score & good credit history can indeed make you money.
And I'm not talking just about a good interest rate on a house or car. I'm talking about real cash in your account.

Of course we all know having a good credit score will get you the best mortgage & loan rates available and that alone can save tons of cash.
But having a good credit also means being able to apply and get approved for the most lucrative credit card & checking/savings accounts deals available.

The banks & financial institutions have very large pockets and are willing to pay good money to get your foot in their door. The trick is to get the most you can out of them and do not sell yourself for cheap.

I have made good money over the years by just having a spot less credit and by knowing the ins & outs of getting the most of the best deals available.

Credit cards promotions & bonuses, new checking accounts bonuses, online savings accounts the pay a much higher interest rate then traditional brick & mortar banks and so on.

Usually, in life, to make money you have to have money. The best part of making money from good credit is that you can build that credit with virtually no financial investment, the only investment you will make is your time & effort & the good credit you will build will lead to a steady source of extra income.

And in this case, time, indeed, equals money!

No comments:

Post a Comment