Gibraltar, probably the cheapest offshore jurisdiction within Europe, offers unique opportunities to do business tax efficiently. It was one of the first British dependent territories, which developed tax-exempt corporate forms for offshore business. Since then, Gibraltar has established itself as one of the world’s leading offshore financial centres. Unlike many, Gibraltar is not an … Read more
The Federal Credit Reporting Act [“FCRA”] makes it mandatory for Credit Reporting Agencies such as Experian, Equifax and Trans Union “to follow reasonable procedures to assure maximum possible accuracy of the information in the [consumer’s credit] report….” A willful and negligent failure to do so is violation number 1 of the FCRA. One wonders then … Read more
This is the breakdown of the FICO Score: -35% Payment History – 30% Amount Owed -15% Length of Credit History -10% New Credit -10% Types of Credit Used The Payment History section takes up the biggest portion of the score and that’s also the part that is sensitive to delayed payments, in fact, the better … Read more
Do you have a dream of running your own business, but can\’t think of where you\’ll get the money? Almost every small business owner faces this problem as they try to open as store. Finding funding sources is very difficult in these times, especially since banks are becoming tighter in their lending practices. Here are … Read more
Of course you don’t want to make any late payments on your credit cards or loans and affect your credit report and score unless you absolutely have to, but what happens if you’re unable to avoid it? It all depends on whether you’re 30, 60 or 90 days past due. If it’s only one late … Read more