Wanted, Owner Operators with own Truck and Trailer. We are looking for 6 more Truck Teams as we rapidly expand. You must have your own Truck with 3-10 Car Hauler and equipment. We prefer Trucks/Equipment 10 years or newer. Exception can … Continue reading
What is the perfect price to buy the car for at the Dealer Auction?
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Here is how I buy cars from private owners. I use the Manheim website and its valuation tool and peg my price points around the MMR for that vehicle. Then I simply send the title to the Dealer so he can sign and send it back to me (so I can sell it). Now Im able to sell that car at the best retail price I can get; or run it thru the auction…
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👉🏾 Spend at least 30 minutes a day thinking and focusing on how to improve your business. Always be asking yourself this question (s)… “How can I make more money in less time…with less effort…while having more fun….while adding value to … Continue reading
This is the 80/20 break down for your success in this car business. Its mostly overlooked, because we are visual people and are so focus on what we can see and touch… But there is another key element far more relevant, but much less recognized in terms of importance. Your mindset…
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New! We now offer Unlimited Copart with our Dealer Auction Access packages… Basic Access to the Manheim and Adesa is $1399 + $150 for Unlimited Copart = $1549 Interested ? Send me an Email Right now Go follow me on … Continue reading
The Essential Daily Motivation Are you really doing what you came to this earth to do ? Your work and career does not define you, it is only a relevant vehicle or platform for you to improve yourself and bring … Continue reading
There is a common misconception that carrying a balance on your credit card can benefit your credit scores, but that is not true.
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Ideally, you should do everything you can to pay off your credit card in full by the due date every month.
Factors That Influence Your Credit Scores
The most important factor in the FICO algorithm is your payment history. Paying your cards on time will have the greatest impact on your credit score. What people don’t realize is the Second most important factor is your Utilization Rate, or balance-to-limit ratio.
For example, say you have two credit cards with both a $500 credit limit, your maximum credit limit would be $1000.00. If you spend $500 between the two cards in any variation your utilization rate is 50%.
Pay Your Credit Card Balances In Full
If you are working on establishing credit nothing will have a greater impact on your score than paying on time and keeping your credit limits low. If you cannot pay the balance in full, keep the balance as low as possible. You should never carry a balance of more than 25% of your credit limit on any once card or in total. The lower your balances, the better it will be for your credit scores.
If you are wondering, then what and how do you manage your credit cards, I will explain further. Making small purchases and then paying them off right away will keep the card active and keep your balance well below your credit limit. This demonstrates that you consistently manage debt well and can help increase your credit scores.
I hope this information has helped.
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I am now making Metal Transport Dealer Plates available for 3Day and 7Day terms. Plates already have insurance on them and are registered. Now you can buy a car and drive it home the same day. New Package! Unlimited Copart … Continue reading
Tony Robbins: THE MONEY MINDSET Go follow me on my other Social Media Accounts: … Continue reading
