FAQ : Is Credit good when Investing?
Constructive use of Credit can be effective in Wealth Creation and Asset Acquisition

Advantages of using Credit as an Investment tool

1. Asset Funding
Buying of assets that appreciate in Capital Value is a prime example of using credit for Wealth building . Owners lend money from the Banks to finance their purchase,pay off a small portion monthly while the asset appreciates in Value.

2. Capital Acquisition
Investing in a New Business or buying Equipment and Machinery that is Income generating.Credit used to purchase these Assets can make an individual wealthier.

3. Credit Cards
Credit cards allow you to earn interest in your Current account whilst using the Bank’s money to finance your purchase during each month.

4. Good Credit score Ensure that you pay all the Outstanding amounts to Financial Institutions and Banks because having a Good Credit score will increase your chances of acquiring Loans such as Home loans and will earn you more favourable Interest rates with the Banks.