Fine Art Finance
Welcome To Bugno
We Can Help
You Expand Your Collection
Our expert mode of advice and service will help you expand your network to a well-furnished one that is meant to last.
Increase Your Liquidity from the Value of Your Art
Enhance what the world thinks about your art by coming on board with our brand of services and expert mechanisms.
Art Advisory & Appraisal
Fine Art Asset Management
over 10 years of
Art Loans Experience
Considering a Loan Against Your Art?
Bernadine A. Funk
“Things were quick to change from the very first moment I came to know about Bugno Art Gallery”..
A bad credit score occurs when one cannot pay their obligations on time. For example, you may have an outstanding credit card balance that you must pay on time. A bad credit score can cost you a lot when it comes to getting different types of credit from finance companies. Despite the negative credit image that can affect you due to a bad credit rating there are also a number of different aspects that can impact you.
There are a number of different credit reference agencies in the UK that each has their own scoring system when it comes to a credit rating. What may be classed as a good score with one agency may be classed as a bad credit score with another. It is important to understand the scoring metrics with the current credit reference agency that you choose to sign up with.
Where can I check my credit score in the UK?
Transunion (formerly CallCredit)
The above credit reference agencies are free to use, and will instead make their money through offers and financial products that they will offer to you. For example if you have a bad credit score, they will offer you financial products that are suited to people with bad credit that can be used to improve their credit score. It is when you take out these products that the credit reference agency will receive a commission from the provider of the products.
What score is a bad credit score?
As mentioned above, please familiarise yourself with the scoring metrics provided by each credit reference agency. For example Experian has a scoring matrix of 0-999 whilst Equifax is 0-700 and 0-710 for Transunion. What may be considered a bad credit score with one, may not be the same for the other.
For Experian, anything between 0 – 560 is considered to be a poor credit rating
Equifax is slightly different with their poor credit rating ranging from 280 – 379.
Transunion display their bad credit ratings to be anywhere between 561 – 565.
How can I improve my bad credit rating?
Bad credit always creates problems for any individual that has it. To correct your credit rating, you must first identify the reasons for the adverse ratings. These situations often occur in people’s lives due to the following CCJ reasons, delays, defaults, VAT, bankruptcy, late payments, etc. All the reasons are related to money. Unfortunately, money problems happen in life when your income doesn’t match your expenses.
With the help of a credit reference agency they can help you determine where the exact problem exists or if you are facing the problem due to any other issues. The credit history problem may also occur due to an administrative error by the lender, which can sometimes happen.
Bad credit is not a permanent problem. There are several techniques and companies that can help you improve your overall credit score. By following there steps or techniques, you have a good chance of getting the best score without putting yourself in additional financial difficulty.
The easiest and quickest way to improve your credit score is to repay your existing debts. The quicker those debts are repaid, your credit score will be improved almost instantly. These debts can range from outstanding credit cards to loans.
By repaying your existing debt, you are not only increasing your credit score, you are also improving your overall affordability which is what many direct lenders such as www.luckyloans.co.uk look for when it comes to providing you with a loan.
Once you have followed the steps to improve your credit rating, you then want to set a long term goal to consistently improve your score and stay on top of your report. This can be done by taking out a short term loan or credit card that has affordable monthly repayments.
By taking out a financial product such as the above and making monthly repayments towards the total amount, your creditors will see that you are actively repaying a debt and staying on top of it, which can again improve your overall rating.
Remember, your credit report is free to access all year round, for as long as you want, regularly check it, stay on top of it and you will reap the rewards.
You cannot believe that you have good art. That may be true, but did you know that visual art covers a very broad spectrum? Things like paintings, sculptures, carpets, jewelry, covers, artifacts, and “some” firearms … and many others; They all fall into this large category !! Now may I get your attention?
Curiosity ~ Have you ever wondered if what you have is worth? Maybe you want to buy a new home or send your child to college? Is your work of art valuable enough to cover costs? Tip: Having an original “work of art” is a good first step towards appreciation. How did it come from? Do you want to know the story of the piece?
Tip: If you inherit your art, then you know part of the story of your game. This is useful for your assessment because it helps prove that the work is antique.
Divorce or Bankruptcy ~ This is the time when everything is split between spouses or examined legally. including fine arts. You and your lawyer need the right values. Country Planning and Probation ~ When you or a loved one prepares a will, you need to know the value of everything you have. Maybe it’s time for a lawyer and judge to get involved, so he (especially the judge) would prefer to use the values determined by licensed or accredited experts. We came here because our reviewers are accredited by the International Society of Appraiser and the American Society of Appraiser. They have been in the art world for more than 50 years and in the ranking business for more than 16 years!
Sales ~ To sell your art through auction houses, galleries, or other third parties, you must receive ratings from licensed or accredited evaluators! It is also important that you get the right value .Yes, third parties charge sales fees. However, appraisers can tell you what value you have when you sell and what you can expect. We do not leave customers in the dark !!
Requirements ~ Don’t get lost unless your art is insured. If something happens to your artwork, make sure you get the right recovery. The only way is to do an assessment before the accident. Our experts have worked in the insurance industry and know the process internally and externally. It was also assigned to all major insurance companies licensed in the State of California. Always have your artwork insured so that in case something goes horribly wrong you can at least get a compensation for your loss.
Many people want to be artists, but are not sure how to make money from the art they live. You may already consider yourself an artist, but you have a problem making money with your art. I’m sure you’ve heard of the term starving artist, right? Well, you don’t have to. In this post, we will show you how to sell art online and make money so you can let your passion go wild and pay bills. With more and more people selling products online today, there are many websites that can help you do the same with your artwork. Where you sell your artwork online depends on the type of artwork you sell. There are various kinds of media that includes art. From drawing and painting to crafts and woodworking. If you do, you can sell it and make money online.
Here are the best places for you to sell your art online
Most of us know the power of Etsy. Since its inception, Etsy has helped many people work full time in their art business. Yes, there is a registration fee and a lot of competition, but there is also a large dedicated audience on their platform. If you have not thought about selling your artwork to Etsy, you should check it out. Of course, you want to do your best on all online platforms by including high quality images of your creations.
If you are not sure how to create a photo studio at home, this post will give you everything you need to know to get amazing photos of your art project at a price of $ 0.2 per month, at a cost of $ 0.23 per item. They also have $ 20 and $ 40 a month options that have advanced features. ArtFire offers a variety of handmade products, including art and collectibles. Visit the website to check if it is suitable for your company.
Big Cartel’s pricing ranges from free to $29.99 for each month. The cool fad is that it’s a smooth fee and they don’t undertake a percentage of your sales. This one is unquestionably importance glance out if you’re looking to meet funds from your art.
Storeenvy is every single one about discovering and between amazing brands, people, and products. And the most excellent amount is, you be able to market your fine art for free via their platform. It’s nice-looking down-to-earth to film set up. My core daughter in progress her website, The shrewd Crafter when she was single 12 existence old.
You tin trade your ability for no blunt detriment on ArtPal and prevent 95% of the profits (when advertising your artwork. numerous provisions submit an application for their on-demand service).
Get your custom website along with admission to the Zibbet Marketplace. at hand are no record fees to put on the market your art, and their monthly procedure are super affordable, anyplace from $4-$16 for each month.You be able to in addition put your artwork on a t-shirt, auburn mug, or several other varieties of merchandise. nearby are a form of websites that give rise to it exceedingly straightforward to resolve this. realize added about making funds scheming t-shirt