Benefits of Mystery Shopping For Secret ShoppersWritten by Joseph Then
Mystery shoppers are people who are hired to scrutinize employees, products and customer services of any organization. The benefits that they get from mystery shopping are:
They enjoy doing a job that's fun and frolic.
Mystery shoppers shop because they enjoy doing that. Mystery shoppers visit not just stores but restaurants and hotels too. They are supposed to evaluate products like food, drinks, spa and gym. It's obvious that they have to use products in order to assess them. They get their money that they had spent on eating, back. To top it all they get some bucks for doing this job. Quite often, they get free meals in restaurants and free stay in hotel suites. This is really “hitting two birds with one stone.”
Acting attracts them
Acting gives them an all time high. They even get paid for it. What more could they ask for? They get to shop in department stores with hidden camera. They pretend to buy stuffs and simultaneously catch persuasive talks of salesmen on camera. Sometimes they even color their hair and shave their beard or mustache to mingle with shoppers. They do such funny and adventurous things to conceal their identity.
They can get engaged in secret shopping at any point of time
Mystery shopping is open for people of all age and category like, retired persons, home makers or professionals. The technological and economical developments have brought mystery shopping in forefront. Ex-employees of airlines, banks etc. too work for mystery shopping companies. This profession is good especially for those people who have been badly-placed in their full time jobs or are dissatisfied with their jobs. Mystery shopping is a good means of earning for such people. There are various mystery shopping companies that register people to be mystery shoppers, online. Some people get registered with 10 companies, whereas there are others who get registered with few that offer interesting jobs like cruising and visiting nightclubs.
They make good money
New Credit Scoring Model Could Help MillionsWritten by James Dimmitt
Mark and Beth, a young married couple in their twenties, established a goal to buy a home within first three years of their marriage before starting a family. They budgeted and used their money wisely in order to save for down payment. Whenever they purchased something they always paid cash - no credit cards for them. Why waste money by paying interest to a credit card company ?
Within two years they’d reached their savings goal and began house hunting. They found their “American Dream” home in a new community with lots of amenities that seemed perfect for their soon-to-be family. They were elated that their years of saving were about to finally payoff.
But, they ran into a big problem when they went shopping for a mortgage. Even though they had enough income to make mortgage payments and enough money saved to afford down payment, they had no credit history. Lenders had no FICO score to evaluate their creditworthiness in order to offer them a loan. Fair Isaacs Co. established a credit scoring system in 1980’s and since then FICO scores have been used to determine if someone will qualify for a mortgage and interest rate they would pay.
Over 50 million U.S. adults fall into same category - they have either too little credit history or no credit history at all. But now thanks to a new FICO formula, called FICO Expansion Score, lenders will now have opportunities to extend credit to consumers based on non-traditional credit data that are excluded from credit bureau reports.
FICO Expansion will consider a wide range of financial transactions including payment activities such as rental payments, deposit accounts, payday loans, book or CD club payment plans, and retail lay-away plans.