Article: Bad Credit Record And Property Investment
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Bad Credit Record And Property Investment
When I first moved up to Johannesburg and my career was just starting to flourish many years ago, I heard of and spoke to a number of people in a relatively short period of time with above average salaries who had lost everything and had to start over at a somewhat more mature age. I thought they were just stupid and never gave much thought to it, because it would never happen to me. Well, as Forest Gump says "It" happens.
What if the banks won't give me a home loan due to a bad credit record?
As I have mentioned before on my wealth creation site, I had a bit of a financial setback a couple of years ago. I am slowly recovering from that, but there's not much chance of a bank giving me a loan at this stage. I still have 2 judgements against me. However, it is ...
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