Monday, May 13, 2013

Are You Qualified to Earn $100,000 No Money Required?

If you’re looking for a way to earn $100,000 – no money required to buy into a program and no scams allowed – you may wonder what kind of qualifications you need to be considered. In so many cases, the only requirement to earn $100,000 seems to be that you already have enough money to invest in some harebrained project or a pyramid investment scheme. There are some legitimate opportunities to earn $100,000 no money required however – ones that don’t require you to subject your friends and relatives to long-winded sales pitches or pressure acquaintances into buying things they don’t want. In particular, there’s a credit-based investment business opportunity that may be exactly the kind of program you’re looking for. Here’s what you need to qualify to earn $100,000 in this particular credit-based passive income opportunity.
Great Credit Score
The primary qualification for this income-earning opportunity is a credit score of at least 750 with all three credit rating bureaus. When you join this income-producing program, your credit rating will help the business secure lines of credit to purchase foreclosed homes, repair them and sell them to families who need housing. The only way this can work is if you have impeccable credit and a high credit score.
Superior Credit History
Many of the other requirements listed by this passive income opportunity are part of earning that high credit score. They’re all things that the credit rating industry considers when assigning your credit rating. They include:
-          No collection activity on your credit profiles
-          A credit history that goes back at least 10 years
-          No lawsuits against you
-          No tax liens against you or your property
-          No late or missed payments on your credit report
-          An open or closed mortgage
-          An open or closed car loan
Available Credit
In addition, credit agencies also consider your credit availability as part of your credit score. If you have credit cards but they’re all maxed, you may not be a good credit risk, even if you pay your bills every month. Even though the company will not be using your credit accounts to purchase supplies or houses, the credit bureaus and lenders want to see how much you owe in relation to how much you can borrow.
-          At least three revolving credit accounts with credit limits of at least $10,000
-          At least half of the credit remaining on each of the accounts
Personal History
In order to qualify for this income-earning opportunity, you must be a U.S. citizen. You do not have to be currently employed, making this a good opportunity for retirees, and since the business requires a 10-year credit history, most people accepted are at least 28 years old.
If you want to earn $100,000 no money required, this program is one that’s worth looking at if you qualify to join.

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