There is no such thing as a perfect friend. They are all human and everyone is alike in some sort of way. Be like me. Don’t limit yourself to one set of friends. Be friends with everyone.
According to Black Enterprise Magazine, “there are seven financial friends everyone should have on speed dial. Economists & academics believe that at least part of the wealth disparity between African Americans and White Americans in the United States can be attributed to the persistent distrust of financial institutions among a larger number of African Americans.”
The first financial friend we all need is a PERSONAL BANKER OR BRANCH MANAGER
Many borrowers spent most of the time focusing on their credit application and forget to build additional resources to help them qualify. What does it mean to develop a meaningful relationship with your personal banker/branch manager? It means to attempt to develop a deeper level of rapport with the person on the other side of the desk. If you can befriend your banker it means it will have an emotional investment in helping you and your application.
This does not mean that they will violate lending policies or commit fraudulent acts, but if the deal needs a little massaging to make it work they will commit resources to get it done. You can establish a better relationship with your personal banker is simply through respecting their time and treating them with some common courtesy. You can also go the extra mile by calling them on their birthday, asking them if they want coffee at your next appointment together or contacting their branch manager when they’ve done a good job and singing their praise.
Have you established an authentic relationship with your personal banker or branch manager?
