1.I know of a millionaire friend who suffered huge losses in his American venture which lead to his credit defaults and it ultimately deteriorated his credit worthiness. Now he was undergoing a lot of mental trauma as he wanted to raise some funds for his new house in an effort to recuperate from the losses as it lead him to sell his house.
2.He was denied credit by all leading home loan providers but help came in form of getting a credit from top home loan services for consumers with a bad credit rating and thus he was able to get a competitive deal.
3.He further improved his credit rating by paying the home loan regularly and checked his Credit Report regularly and found that it was consistently improving. At a particular junction he had a good credit rating and was thus able to raise additional funds which enabled him to reestablish his business.
2.He was denied credit by all leading home loan providers but help came in form of getting a credit from top home loan services for consumers with a bad credit rating and thus he was able to get a competitive deal.
3.He further improved his credit rating by paying the home loan regularly and checked his Credit Report regularly and found that it was consistently improving. At a particular junction he had a good credit rating and was thus able to raise additional funds which enabled him to reestablish his business.
