ilmscore | Maximizing Financial Growth: Innovative Capital Strategies for Real Estate

Predictions from this Video

Total: 2
Correct: 2
Incorrect: 0
Pending: 0
Prediction
Topic
Status
A person's credit score will recover and strengthen over time if they manage debt responsibly, even after an initial dip from credit inquiries, making it less sensitive to future credit activities.
"it will go back up it's just the nature of the way if you're if you're someone that doesn't like debt which 800s do they hate debt they're afraid of it they pay everything off as because they can't great so as you do that it's only going to strengthen your credit down the road and it's going to make it less it's going to make it less sensitive to every time you do do this or that it's going to be less sensitive to your credits schol"
Personal Finance / Credit Score
Correct
Individuals attempting to independently apply for and stack multiple business or personal credit lines for funding will likely fail due to a lack of specialized knowledge about specific bank criteria and regional offers.
"if you try and go out and do that process on your own and go get those you'll fail I hate to say that but they know which banks look at which which bureaus to make their decisions and which part of the country Believe It or Not which banks are offering 0% for what part of the country they're in if you go out and you try and do it on your own you're going to probably get get stunted at one point"
Business Funding / Credit Lines
Correct