30 April 2017
New To Virginia? Find The Right Insurance Today
29 April 2017
Five More Unusual Ways To Make Money
Invest In Other's Expertise
My friend John had to show me several car magazines before I understood why an old fiberglass car was a good deal at $2,300, because I know nothing about cars. When he eventually convinced me to put up the money, it needed a new transmission for $900. Fortunately, he sold the corvette for $4,300, netting us about $1,000. I took half the profit ($500) for putting up the money for the two weeks.
I used to do this quite a bit years ago, and only once lost $50 or so on a car. I knew nothing about cars, so I did it with friends that know cars but don't have cash. By the way, if I had paid 18% interest and a $50 cash advance fee to raise the money with a credit card, my profit would still have been over $400, and John did all the work. I love playing with money. Do you have any friends who know everything about boats?
Buy And Sell Mobile Homes
Pay cash and you get better prices on almost anything, including mobile homes. Sell with easy terms, and you get the highest price, because you are making it possible for someone to buy a home. More than one investor out there is buying and selling mobile homes.
I read one investors story about a recent deal he did. He bought a mobile for $4,000. The seller was asking $6,500, but was tired of waiting and paying the lot rent. The investor cleaned it up and sold it for $10,000, with $1000 down, payments of $250, and 10% interest on the balance. Did the buyer overpay? Hard to say, since his alternative may have been renting and having nothing to show for it in a few years, instead of having a home with some residual value.
Be A Loan Shark
People occasionally need money for a short while. A friend of mine for example, got a good paying construction job because I loaned him $300 to get drywall stilts. I used to do this often many years ago, and I never charged less than a $5/week as a loan fee (don't call it interest). I made one or two thousand dollars extra some years doing this. If you have any qualms about it, check the laws in your area and put it all in writing. Also, if you want total security, take collateral.
Buy And Sell Estates
We recently met a couple who buy out estates, sell some of the things at flea markets, then run the rest through auctions. They've made a living doing this for years. They load up a trailer after negotiating to buy a whole house full of stuff. Then, if they don't want to do the flea market thing, they just auction everything on Sunday afternoon for a nice profit.
If you are a good judge of value and have a regular auction nearby, you could do the same with rummage sales. Just offer $100 for everything and then auction it off piece-by-piece. The auction near us lets anyone sell their stuff, with no fee to enter. They just take a 25% commission.
Playing With The Casino's Money
I worked at a casino for years and I saw a lot of people foolishly writing down the numbers that came up on the roulette wheel. Foolishly, I say, because their their theories were nonsense. Casinos will always welcome these players and even hand them the pen and paper.
One player, however, was actually scientific about it. By finding a bias in the wheel, after "charting" it for 5,000 spins, he made thousands betting on just one or two numbers. When a number comes up, it pays 35 to 1, but one of the numbers, because of manufacturing imperfections or whatever reason, was coming up 1 in 27 spins, instead of the average 1 in 38 spins.
So all he had to do was bet $10 a spin, and he profited $80 for every 27 spins of the wheel in the long run. That's about $100 per hour. The ups and downs are dramatic though, so this is not for the faint-hearted. In this case, I saw him lose as much as $700 in a night. Also, not all wheels have biases (they eventually replaced that wheel). So have you ever tried "card counting" in blackjack...? There are endless ways to make money.
28 April 2017
Easy Credit Repair For Optimal Results
The content of your credit report can have an enormous impact on the quality of your life. Your credit score will determine the cost of your mortgage, your automobile payments, and your Credit Cards. An improvement in your credit score could potentially save you thousands of dollars per year.
Overcoming Your Fear
It is normal to experience a degree of fear when the time comes to look at your credit report. Perhaps you have had some credit issues in the past. No one likes to be reminded of those times. I have spoken to thousands of people about their credit over the years. The majority of those people have felt some resistance to looking at their own reports. I understand! The credit bureaus can be intimidating. But like so many other things in life, once you get started it's not so bad.
Getting Started
Reviewing, repairing, and maintaining your credit is not complicated. The key is to approach the project in an organized manner. You have three credit reports. They must each be examined in detail. Many people make the mistake of looking only for obvious derogatory information like late payments or collections. Every item on your credit report can have an impact on your credit score. You will be looking at everything. I suggest that you have a pen and paper nearby. You will also need to have your Credit Cards handy.
Step by Step
Everyone has his or her own way of organizing a task. You will develop a system of your own over time. Whatever works for you is fine as long as you cover all of the essential categories of information that can impact your credit scores. These essential categories are the account opening dates, current balances, high credit limits, and pay history. As you review these items keep any eye out for errors such as accounts that don?t belong to you, accounts referencing an incorrect Social Security number or address, and duplicate accounts.
The Essential Details
Account opening dates, current balance, and high credit limit need to be examined carefully. The FICO scoring formula places great importance on these items. Your account opening dates are used in the FICO formula to determine the age of your credit. The older the better. Simply look at your credit card. Most Credit Cards indicate the original opening date somewhere on the face of the card. The relationship between your current balance and your high credit limit has a major impact on your score. If you don?t know these numbers just call the toll free number on the back of your card. Please don?t ignore this step.
Write Down Every Single Error
Make notes. Credit repair is all about the details. Don?t let a thing slip by. And please don?t ever assume that the credit report is correct. If you find a discrepancy chances are that you are correct. Every one of the categories listed above can have an impact on your credit scores. No error should be ignored. You might think a small innocent looking error like a duplicate account will not have a negative impact as long as there are no late payments showing. You would be wrong. The extra account will overstate your debt and may very well factor into the FICO scoring method to your detriment.
Organizing Your Disputes
Each error that you find on your credit report will need to be disputed with the individual bureau that is reporting the item in question. Your credit report will come with instructions for submitting your dispute. You should follow those instructions carefully. And, whatever you do, keep it simple. It is important to limit your verbiage to the bare minimum. If you make the mistake of writing a nice letter to the credit bureau, as well meaning as you might be, your dispute is likely to be ignored. It does not sound friendly, but please try to understand that the credit bureaus have to process an amazing amount of mail.
Stay the Course
About thirty days after your initial disputes you will receive replies from the individual credit bureaus. It is not uncommon to get an unsatisfactory answer. They might respond by indicating that they contacted the creditor who verified the information to be correct. Don?t be discouraged. This initial response is built into the system. Simply send a second dispute telling the bureau that you are not satisfied with their response and that you would like them to provide documentation. It is very likely that you will get satisfaction on this second dispute. The credit repair process can take time, but with patience your efforts will produce real financial results as well as the satisfaction of knowing that you have done the right thing for yourself.
Copyright ? 2007 James W. Kemish. All Content. All Rights Reserved.
27 April 2017
Meet The Cost With An Affordable Supplemental Health Insurance
Affordable health insurance policies help people to meet the costs to a very great extent. But in cases of unexpected accidents, the insurance scheme of the policy holder may not cover all the expenses. There are expenses of transportation, lost income from not going to work, expenses of domestic help which may not be covered and can be a drain on the pocket.
Affordable supplements help to cover the medical expenses not covered by the basic insurance scheme. Supplements enhance the hospital and the doctor or physician coverage. But all the insurance companies have their own network of hospitals and doctors, meaning, the claim will be valid only if the customer visits any doctor or hospital within the network. This is a standard practice for affordable healthcare and affordable supplements.
It is better to check the list of designated hospitals and physicians in this respect. Premiums vary according to the supplement plan. But generally, if the customer is of advanced age then the premium is higher. Broadly speaking the important aspects one must look into while choosing an affordable supplement coverage (this is generic, individual needs may vary):
Suitability of the supplement plan
Premium payable
Time span of the coverage
Medical and non medical benefits covered by the supplement plan
Network of doctors, pharmacies, hospitals or nursing homes covered by the insurance provider
Medical affordable supplement insurance is available for children, individuals or adults with family. The insurance provider needs some basic information before they can further process an application for affordable supplements.
Gender, date of birth, spouse's date of birth, interested affordable supplement plan types, whether the would-be customer has high blood pressure or does he or she use tobacco, any disability, any current insurance coverage, if so, then the name of the company, when would the customer like to start the supplement coverage. These are some of the preliminary questions that may be asked. Only after processing these, the company will get into the details.
An affordable supplement plan helps a beneficiary in times of need, indeed, that is the very reason why medical supplement policies have come into being along with the basic healthcare insurance.
26 April 2017
Mortgage Loan Officer Training: 10 Helpful Tips That Can Instantly Boost Your Income By $5,000 Per Month
Mortgage Loan Officer Training Tip #1:
Only use a few lenders
Depending on your niche, all you really need is a few good lenders. With a portfolio of about five lenders, you can handle all credit grades and even special programs like stated, no doc and 100% financing.
Mortgage Loan Officer Training Tip #2:
Read your lender's guidelines to build an intimate knowledge of their products and procedures - THIS IS A MUST!!! (And easy to do if you only use a few lenders.) Don?t rely on lender reps to tell you about their guidelines. They are human and can make mistakes just like the rest of us.
Mortgage Loan Officer Training Tip #3:
Send gifts to your appraiser, title agents, and underwriters to gain favor. This is a great way to build relationships with the people you rely on to do business. Look for a reason to send these people a thank you card along with a gift. This is another good reason to use only a few good lenders.
Mortgage Loan Officer Training Tip #4:
Define your market
What loans will you do and what loans will you not touch? You can and will cause yourself undue heartache if you agree to take a loan that is outside of your market. For instance, I refused to even look at a loan unless the borrowers had a credit score of 580 or higher. If an applicant has a credit score less than 580, I referred them to my loan officer partner and split the commissions.
Mortgage Loan Officer Training Tip #5:
Specialize
Find a niche. Specialists always make more than generalists. Everyone does purchase loans on single family houses. What if you became the expert in your area on financing investment properties, construction loans, or VA loans? With some work and dedication you could become the mortgage lending ?guru? for your niche and monopolize your marketplace.
Mortgage Loan Officer Training Tip #6:
Location, location, location
If you can: Keep a frig in your office, place a copier close to your assistant's desk, and have your computer printer right next to your desk. This will save loads of time walking around the office. It will also keep your assistants focused. Sometimes it's hard to walk through an office without falling into several casual conversations that can lower your team's production.
Mortgage Loan Officer Training Tip #7:
Get all documentation up front
I believe in getting every piece of documentation I could possibly need right up front. That way if a problem arises you have a greater chance of being able to fix the problem on your own without bothering the borrowers.
Mortgage Loan Officer Training Tip #8:
Only the necessities
Just because you collect extra documentation, doesn?t mean you have to use it. Don?t submit extra paperwork to your processor or to underwriting. It could open a can of worms you don?t want opened. Only turn in exactly what's need to fund the loan - nothing more or less.
Mortgage Loan Officer Training Tip #9:
Sandwich technique
At some point you'll need to contact a borrower during the loan process and ask for more information. When this situation arises, try using the sandwich technique:
Re-establish rapport
Make your request: ?Oh by the way I need___. When can you fax it to me??
Continue rapport building dialog.
Say goodbye and politely get off the phone.
If you have a difficult borrower, this works like a charm to diminish their anxiety level.
Mortgage Loan Officer Training Tip #10:
Testimonials
Get testimonials from everyone. They are great marketing tools for your business. Use them to target your client's CPA, HR manager at work, real estate agent and financial planner to establish a referral relationship.
There you have it. Incorporate these ideas into your mortgage business and see how they impact your bottom line.
By the way, if you would like to get another 13 mortgage loan officer training tips that can instantly boost your income by $5,000 per month, visit:
Please feel free to reprint this article as long as the resource box is left intact and all links are hyperlinked.
25 April 2017
How To Get The Best Student Loan Rate Possible
Part of your student loan rate is going to be based on the current average interest rates. If you have student loans from previous terms and interest rates have dropped, you may consider refinancing or consolidating those loans to take advantage of the lower student loan rate. However, you do not want to do this with subsidized loans, as you will suddenly become responsible for paying the interest on these if you consolidate or refinance them in any way other than through the Department of Education.
The Department of Education does offer some direct loans and direct consolidation loans. The problem with getting these loans is that you have a set interest rate of 8.5 percent. In recent years, 8.5 percent is much higher than the average interest rates. Basically, it's not a good deal unless you have such bad credit that your interest rates are over 9 or 10 percent, which is unlikely.
Your credit does play a role in your student loan rate, especially if you are getting private loans. The better your credit, the lower your interest rates will be. That is just common sense. However, there are other factors that may be taken into consideration, such as current income, expected income after graduation, cosigners, and overall credit history. In other words, there is much more involved in determining the student loan rate than just your credit score, which is used in other types of interest rate configurations.
In the end, the only way to get the best student loan rate is to do your research into every possible loan source and choose the one that you qualify for that has the lowest interest rates and finance charges. You should also consider other factors in your decision, however, because the lowest rate doesn?t necessarily mean the best loan for you.
24 April 2017
Online Forex Trading - 4 Simple Tips To Make Money Fast
So what do we mean by make money fast?
Here we are looking at tools that will help you make triple digit gains annually, which would put you up with the top traders and in the elite 5% who win consistently in online FOREX Trading.
We are assuming here that you know the basics of FOREX Trading so here are your tips:
1. Be realistic
We all want to be millionaires overnight but be realistic.
If you aim for gains consistently of 100% per annum your up there with the best traders in the world.
Don?t be in too much of a hurry; if you are then you will wipe yourself out.
2. Accepting Risk
Most novice traders who trade FOREX try to restrict risk so much that they actually give themselves no chance of winning.
Their stops are to close and GUARANTEE they will lose.
Online FOREX Trading is all about taking calculated risks.
This means if you want to make money fast you should risk up to 10% of your equity per trade.
Many people will tell you to risk 2% but if you're a small trader trading $10,000 that's just $200!
This will simply guarantee you're stopped out most of the time.
3. Running profits
It's a fact that most traders simply cannot run profits.
Many traders are fantastic at picking market direction but lose because they take profits to early!
This is a major problem.
A trader gets a profit and gets excited, the bigger the profit becomes the more he is tempted to take it before it gets way ? eventually, the trade is snatched and banked.
The trader makes a thousand dollars and then sees it run onto to make 15 ? 20,000 or more and he's not in.
If you want to make money do not move stops to lock in profit quickly.
Make sure your stop is far enough back to take into account normal market volatility - You need to take short term swings in equity against you and focus on the longer term.
3. Trading Method
There are many different methods to make money in online FOREX Trading and if you are looking for a method that works well ? then a breakout method looking for long term trends is ideal.
The advantage of using a breakout method is you have relatively low risk and great rewards.
4. Patience
If you are trading then you can?t hurry the markets.
They will give you opportunities but they can?t be forced and you can go weeks or months without seeing any.
Learn to be patient and only trade when your system tells you to.
To make money fast you must keep risk low but you must also run profits for all they are worth to emerge a long term winner.
23 April 2017
5 Tips To Get The Payday Loan
It is wise to pay off the loan to avoid more financial burden. However majority of the financing has been possible through loan only. It is either in the form of credit card debt management, housing loan, business loan or vehicles loan. In USA people normally use loan tools to manage their day-today expenses. There are few percentage of people using their hard earn money for expenses like shopping to house purchase. The main reason is they are saving tax by taking different loan. Payday Loan is one types of loan that facilitate the people when suddenly some people need money for the day.
Payday Loan can facilitate a lot of people in USA, especially those who need money urgently. The emergency come in different form right from family problem, pay major bill, accidence, car breakdown. In such circumstances Payday Loan gives major relief to the people who need money.
1. There are many companies give Payday loan, you must have to select the proper companies to get the financial loan. You must have to get the reference from your friends or family members to take the Payday loan. It is advisable to select the genuine company.
2. There are many Payday loan providers provides loan. It is advisable to select the proper company and ask about the interest rate and payback time. You must have to confirm and sign the paper. There are many companies provides loan on verbal communication and once the customer want to payback the loan they will ask for higher interest rates. You must have to beware from the hidden cost. It is most suitable to sign an agreement with the company.
3. It is advisable go through the loan condition thoroughly so you do not have to bear more expenses or any hidden charges.
4. You must have to get the details from all the Payday loan company to get the primary information so you need to compare the agreement and decide it.
5. It is advisable to take the research properly so you are not able to waste time and money.
22 April 2017
People Without Credit Can Also Get Loans To Buy Vehicle
So if you are suffering from a bad credit or poor credit you can very well apply for this loan. You would need to pledge some collateral to get this loan. The collateral is basically to reduce the risk factor involved in giving loans to people with poor or bad credit. Mostly you provide the car you are buying as collateral. But you can also give the house or some other asset as collateral if you don?t wish to pledge your car. The loans are given at a higher rate of interest in the market but there being a tough competition you can negotiate the interest rates. The deciding factor for your interest rate and loan amount is the down payment you will make for the car loan.
Always make a slightly higher amount of down payment so that you can get the loan at a lower interest rate. You need to have a regular income with a bank account in your name and should be above 18 to be eligible for this loan. You can very well fill out the online application form available at the lender's website to apply for this loan. The loan gets processed faster with the online applications and you receive the money faster.
21 April 2017
Cheap Renters Insurance - How To Get The Best Rate
Why You Need Renters Insurance
You may be under the impression that your landlord's insurance will cover you if something happens to your personal possessions. Guess What? It won't. Your landlord's insurance only covers damages to the building you live in.
Fires, floods, hurricanes, and tornadoes are becoming more commonplace. Liability lawsuits are also on the rise. If you don't have renters insurance you run the risk of losing everything your own.
What Renter Insurance Covers
Renters insurance will pay to replace anything you own that's been stolen, or damaged by fire, smoke, plumbing leaks, vandalism, explosions, hail, or storms. It does not cover damage done by earthquakes or floods, so you'll need to purchase additional insurance if you live in an area that's prone to these disasters.
Renters insurance also covers you if someone is hurt in your home and sues you. It pays for that persons medical expenses, personal property damages, and any legal fees your may incur.
Last, but not least, if your residence is damaged and you need to live elsewhere while it's being repaired, your renters insurance will pay your hotel and restaurant bills until you move back in.
What Renters Insurance Costs
Depending on where you live, $20,000 worth of renters insurance can cost as little as $13 a month ... about as much as going to the movies.
How to Get Cheap Renters Insurance
The only way to get cheap renters insurance is to get renters insurance quotes from a number of different companies. You can go from one insurance site to another filling out form after form to get quotes, or you can go to an insurance comparison website and fill out one simple form to get your quotes.
Most insurance comparison sites only deal with A-rated insurance companies, so if you purchase insurance through them you know you'll get a cheap policy with a reputable company. The better insurance comparison sites feature articles with money-saving tips, and an online chat service so you can talk with an insurance expert and get answers to all your insurance questions (See link below.)
20 April 2017
Unsecured Loans Same Day Payout- Payout Your Expenses With Same Day Cash
Unsecured loans same day payout loans are short term loans which provide a great helping hand at the time of urgencies. When expenses falls within your income, the need for extra funds arises emergently without any delays. These loans provide you with simple and convenient financial assistance. It is one of the trustable sources to avail funds at the time of urgencies. The loan amount varies from ?100 to ?1500 and the repayment duration can be of 14-21 days and can be paid back from your account when you get your next paycheck. Cash loans arrange loans for all kinds of borrowers irrespective of their credit difficulties. You will be able to get convenient deal without any hassle.
Features:
There is no requirement to review the assets because it do not involve any documentation its approval process neither any credit check process nor any collateral is required for the same. These are the main features which resulted its application and approval easy and instant. For the application you only fill in the form and inform when you are repaying the loan. You tell them your checking account number where they deposit the money. You need not submit any paper of proof of documents to the lender. Immediate loans can be used for any personal use like for making credit card payments or car repairs etc. Any arrears, county court judgments, bad debts or insolvency, there is no delay associated with such loans. It also offers boat loans, fast payout loans, and same day unsecured loans.
Requirements:
There are certain specifications that the individual need to qualify some eligibility criteria to avail the funds from this loan. The borrower should have bank account with reputed bank organization. You should have regular employment. You should earn good source of income so that you will be capable enough to repay back the loan amount. You should be eighteen years of age or more. You should have permanent residential proof of UK. You should also have permanent residential address of UK.
19 April 2017
Good Credit Score ? Shopping For A Loan
10% of your credit score is what is known as inquiries. These are measured by how many times your credit report has been reviewed. There are two different types of inquires and only one counts. Applications for new credit are known as hard inquiries. These are measured by the number of times a creditor has accessed your credit report in the effort to grant you credit. This is only by your request. The preapproved offers you get in the mail are called soft inquires and don?t count as a hard inquiry. Other types of soft inquiries are when you, an employer, or insurance company reviews your credit report.
The types of credit that you are not allowed to shop around for is Credit Cards. Every time you apply for a new credit card, it will count as a hard inquiry. So that makes there no such thing as shopping around for a credit card. You have to pick one and apply for only one.
The types of credit you are allowed to shop around for are auto loans and home mortgages. There is a shopping period because these are some of the largest purchases anyone will make in their lifetime. Also, shopping around for these types of credit is sign of a frugal and responsible consumer.
The time you are allowed to shop is 30 days. In this period of time you can apply to as many lenders as necessary to find one that you want to use. This will only be counted as a single hard inquiry. If the shopping is not done in the 30 day time period it will count as another hard inquiry.
Inquiries are a smaller part of your credit score, but will be on your report for two years. So pick one credit card if you need a new one and shop if you are looking for a home loan.
18 April 2017
3 Reasons To Start A Passive Residual Income
1. Once you have built a residual cash flow, the money continues to come in after the initial work is done. You are making money even when you are not working. It comes in whether you are eating, sleeping, or taking a vacation. This really comes in handy if you become sick. Imagine you are stuck in the hospital for a few days or longer and your medical bills are piling up. At least you would still have cash coming in to help cover the expenses.
2. Passive income brings about personal freedom. If you build a large enough stream of residual income, you will not have to work for another employer or company. You can work when you want, take a day off when you want, spend time with your spouse and kids when you want, and take a cruise or trip when you want.
3. Residual income opens up a lot more opportunities. If you have a flow of money coming in that pays all your monthly bills you can take more chances. You might want to start your dream business. Having that passive cash flow can allow you to plunge into starting a new business without having to worry so much about failing. Many people fail in new business startups because they do not make enough early on to keep the business afloat. They cannot last long enough for the business to become established and feel pressure to make it an overnight success. Think about the times you had a great chance to buy something of value at a bargain price but didn't have the extra money for it. Someone else bought it and turned a nice profit. Or the times you could have invested in a stock before it fully took off (like Google). Having a passive income allows you to take full advantage of these opportunities.
Hopefully, this article has opened your eyes to the benefits that a passive residual income stream can bring to your life.
17 April 2017
Iva Free Advice And Iva Debt Solution Company
? Debt Free Quickly
? Clear off 90% of your debts
? Avoid Bankruptcy
? Freeze your interest rates on loans
? Reduced single monthly payment
One can also get free IVA advice online. This will help deal with debts professionally without filing for Bankruptcy. One can easily get rid of debt problems. An Individual Voluntary Arrangement, or IVA, is a binding agreement between you and your creditors in which you agree to make manageable payments every month, usually over a period of five years. After the IVA is completed, you will be free from unsecured debt. One can benefit immensely by approaching an IVA company. A debtor will also no more be plagued by phone calls and letters from debt collection agencies. One can also find out precisely what the payment obligations will be for the five year life of the IVA.
Those who own a home will be required to pay a percentage of the equity into the IVA. This amount is typically paid in the last two years of your IVA, when you are expected to be in a position to re-mortgage your home. The IVA payment plan will be based on what you can afford to pay each month, after taking your mortgage payments into account, so it usually means a substantial portion of your debts are written off. IVA and debt problem help is a type of service which is offered by most of the IVA specialists. Free IVA and debt problem help can bring to an end most debt problems.
A debt management plan is different from an IVA. A debt management plan is merely an informal arrangement set up to organize and manage your debts. It is a way to deal with your financial situation. The choice of opting for a debt management plan is left to the debtor. A debtor with serious debt problems can ask for expert advice and have yourself assessed if you are suitable for a debt management plan.
There are various advantages of Debt Management Plans:
? A debt management plan will remain unpublished unlike declarations of Bankruptcy that will be printed in local newspapers.
? Administrative costs are lower than those incurred for Bankruptcy or Ivan's; you as a debtor can retain a current account provided there is no overdraft.
? A debt management plan will allow you to write off all your debt; debt management plans are also not recorded in public registers and are highly unlikely to affect your future applications for credit lines.
A debtor can also get best IVA information in UK by looking online.
16 April 2017
Business Loans: Fill Up The Financial Gap Of Your Business
Business loans can be acquired to start up a new business or to invest in the existing one for its expansion. Business loans offer sufficient funds so that you can meet diverse business requirements without any problems. You can use the loan amount for:-
?Paying salaries
?Buying asset
?Purchasing raw material
?Tools and equipments
?Establishing office
?Expansion
Business loans are made available as secured and unsecured. If you are ready to pledge your asset as collateral, you can apply for secured loans. These loans are provided at lower rate and offer a substantial loan amount. In case if you can not pledge your asset as security against the loan amount then you can go for unsecured loans.
These loans offer an amount varying from ?50,000-?1,000,000. It also depends on collateral value, repayment ability, credit status and financial soundness of the borrower. Business loans have a longer repayment term of 3-25 years which can be easily met by anyone.
Business loans are open to all types of borrowers. Borrowers with adverse credit like CCJs, IVA, arrears, defaults, late payments and Bankruptcy can also apply for business loans.
You can also apply online conveniently. Online is the easiest way through which you can apply. All you have to do is, just fill up an online form. Also you can easily spot competitive rate deal for yourself.
Business loans are a great financial support for your business requirements. These loans allow you to bring stability to your business and keep the cash flow intact. Irrespective of the size and type, anyone can obtain business loans.
15 April 2017
Mississippi Continues to Struggle With Rising Foreclosures And Unemployment
Foreclosures and Delinquencies Declining
For the state of Missouri, there were 2,370 homes in foreclosure in July, representing a 38 percent decline from the previous July and a 7 percent drop from June. The state has reported a delinquency rate at 8.18 for the second quarter of 2011. This compares to a national delinquency rate of 8.44 percent. During normal market conditions, there are 1.1 percent of delinquent borrowers.
Missouri is also dealing with appraisers that use both foreclosures and distress sales for comps when determining estimates. Missouri is one of four states discussing possible legislation to have Missouri real estate owned foreclosures and other distressed sales excluded in comps for appraisals.
City Snapshot: Columbia
Columbia is the fifth largest city in Missouri and it is located in the middle of the state. Its economic numbers for the first half of the year was a mixed bag with unemployment at 6.5 percent. This sits below the state's 8.7 percent and the nation's 9.1 percent rate.
This unemployment number is one of the lowest in the state and with the University of Missouri and the local public school system in the city; its population continues to grow.
Columbia has moderate job growth and its foreclosures peaked in 2010; they are currently trending downward. The foreclosures are still above historic levels while the city's real estate has not had large decreases. The housing market is experiencing continuous weakness as recent home prices have gone down .44 percent in the second quarter 2011 as compared to the first quarter of the year.
For the past five years, home prices have been pretty flat with a .03 percent rise. The city's service-based economy fares positively as compared to other communities and the real estate market is believed to see a rebound when both consumer and business confidences return.
Unemployment Declines, Effects from Weather Disasters
In July, Missouri's unemployment rate dipped one tenth of a point to 8.7 percent reported the Missouri Department of Economic Development (MDED).
Since the beginning of the year, Missouri has seen its unemployment rate decrease eight-tenths of a point. Missouri's nonfarm payroll dropped 400 jobs but jobs overall from a year over year July comparison, there was the addition of .002 percent jobs or the additional payroll positions numbering 5,500.
June unemployment numbers have been revised and MDED is now reporting that the state projects a loss of 3,000 jobs from May to June. These numbers include the effects of Joplin's tornado, which has affected 9,000 jobs.
The state is also recovering from recent flooding and on Aug. 21 six northwest state counties had been declared disaster areas. They include Andrew, Atchison, Buchanan, Holt, Lafayette and Platt. Residents will also be entitled to 26 weeks of Disaster Unemployment assistance.
Home Prices Decline
For the second quarter, Missouri's large cities saw home price declines. St. Louis had a 3.4 percent decrease, Kansas City at 4.2 percent and Jefferson City with a 2.35 percent decline. Columbia saw the smallest decline for the second quarter with a .44 percent decline.
Joplin, which had been hit with the tornado, saw its home prices drop 2.8 percent.
Jefferson City, the capital of Missouri, had seen four successive quarters of home price increases.
Overall, the state saw decreases in its home prices. In Missouri, purchase-only prices dropped 8.1 percent as compared to 2010's second quarter. This ranks the state as No. 11 for the sharpest declines. Nationally, there was a 5.9 percent decrease.
Missouri's unemployment numbers, home price declines, and foreclosures are moving the state into a good position but it hasn't recovered yet.
14 April 2017
Do I Need A Prosecutor To Bankruptcy?
Your lawyer will know the law first. A lawyer will know if you have too much income or assets, such as it is an attempt to do the calculation for you, as required by law. I recently went into Bankruptcy, files a Bankruptcy case should never have made, because this person was not exempt income or assets.
The Trustee claimed only all those assets to creditors, because they will do when there are assets to seize. If an experienced Bankruptcy attorney had been consulted at the beginning and then they could advise a client not to file for Bankruptcy at all in this case.
The customer can save filing fees, attorney fees, administrative fees, and they have a deal to pay back debts. As it turned out the client had given away assets necessary to cover all these costs, and he had to pay back the debts in full. It would have been much cheaper than Bankruptcy proceedings in the first place and make it even worse customer assets were tied up for over a year.
Secondly you need a lawyer because the lawyer knows the Bankruptcy proceedings. Requires a lot of Bankruptcy proceedings, which are difficult for beginners to follow. A lawyer will file electronically with the Bankruptcy of special software that automatically comply with the procedural requirements of the court. I've seen a lot of the Filer 341 hearings, who did not know what they did, they made a serious error. These errors are usually delayed and continuances and some relief in Bankruptcy.
If the file is rejected, then the debt back into the game and the whole reason for filing is ineffective. Now you have to lose filing fee and you will suffer other penalties as losing an automatic stay for a year.
Thirdly you need a lawyer because if you hire one you need to get experts who know the law and procedures, but also someone who knows the managers. Each trustee is a little different and each has slightly different requirements. An experienced lawyer knows what everyone is and what everyone likes to get under the supporting documents. This will inevitably help you through the process and probably the smoothest fashion.
Finally, an attorney accompany you to someone you through the process. I am with all my clients to the 341 meeting of creditors and I am ready for all the questions that they may have about the process at any time. It helps people have less fear and worry about something that people are naturally very scary.
So there are many reasons to hire an experienced Bankruptcy attorney to help with your Bankruptcy. Also keep in mind that the lawyer is the only one that can represent you in court in the unlikely event that things go wrong. So, if you are considering Bankruptcy then hire a lawyer rather than do it yourself!
13 April 2017
The Best Consideration is Auto Insurance
A proof of insurance is very significant when flagged down by a police officer. It is extremely frustrating to lack the proof because it is a minor mistake. This may result in the car being impounded and surcharged a fee to get it out. This is just one example of how important it is to be have an insurance and to carry that proof in the car at all times.
Procurement of this security is a relatively an easy process and it is vital to research on all possible suppliers. Majority do offer online quotes, which are very suitable. In case one wants a discounted rate, it will be a good idea to do research, obtain quotes as well as take them to the original provider. Then, all one needs to do is to inform the original provider that they got inexpensive rates through other available providers. Often, the initial provider comes up with a better cost of rates. If the original provider cannot beat these rates, simply switch to the cheaper provider.
There are several different types of auto insurance available: liability, collision, comprehensive, uninsured motorist protection, medical/personal-injury protection, no-fault as well as gap. All of these safeguard the client in a wide range of diverse ways. That should be regarded when choosing a plan.
Liability implies that in the event of a car accident that is the client's fault, liability accounts for the expenditure of repairing any assets wrecked in the collision whether buildings or vehicles as well as any medical expenses from accident sustained injuries. There is usually a least possible requirement by law, nevertheless it is generally an excellent concept to go above that minimum to avoid having to pay out of pocket.
Uninsured motorist protection means that the customer's vehicle is protected against other motorists who are not insured. Medical or personal injury protection is fine for covering the charges linked with treating injuries after an accident, no matter who is at fault. If the client has a perfect health plan, this type of insurance coverage is not that essential.
No-fault is only available in 12 states and it covers injuries and property damage no matter who is responsible for a given accident. Some of these policies can be costly, thus may not be available because of state limitations. Gap insurance is worthy if the consumer is still paying off his or her vehicle.
Collision means that in case of an accident, the consumer's insurer will make up for the repairs to his or her car, or if the vehicle is totaled, will compensate for the value of the car. If the consumer's vehicle is a clunker, it might not be an ideal investment.
Comprehensive insurance coverage is good for other things besides car accidents that might occur to the vehicle: weather damage, theft or animal collision. Whatsoever it is the insurer will make sure that the customer's vehicle is taking care of.
12 April 2017
Short Term Loans: Get Money To Combat Emergencies
Short term loans should be borrowed by the needful only when it is very urgent for him. Otherwise other sources like family, employer etc can be approached. These short term loans however are available in three forms to the borrower which are payday loans, short term loans for students and bridging loans.
Payday loans are short term loans which are available to the borrowers who need money to last till their next payday. Amount is available for 14-31 days and an amount in the range of ?100-?1000 can be borrowed. This loan can be taken up by all borrowers who are regularly employed. Rates of these short term loans are slightly high.
Bridging loans are those types of short term loans which are useful in times when the borrower is making some property dealings and money is borrowed to fill those cash gaps that are acting as an obstruction in his way. Bridging loans are however secured loans that are given for a short term of 1-12 months.
Short term loans for students are available so that their education does not suffer if they need money for it. These are unsecured and low rate loans as they are supposed to give a boost to the education and do not create a burden on the borrowers. The borrowers can repay these short term loans when they get employed after they finish their course of study.
Short term loans are available to bad credit borrowers, and more often than not, they are available at higher rates of interest. So an online research can help them in getting short term loans at affordable rates. Help can be taken up easily in the form of these short term loans and the problems of borrowers can be solved easily now.
11 April 2017
Dental Insurance Plans... Choose The Right One For Your Situation
More than 50% of the people in the United States aren't covered by any of dental insurance plans according to the American Dental Association (ADA). Those who do have dental coverage often get it through their employer as part of their health insurance plan. You should consider having a compatible program to fill in the gaps between the two plans depending upon what type of health insurance you have. By doing this, you will receive preventative dental care as well as the advantage of saving money.
However, a lot of doctors find it unpleasant to participate in dental insurance plans. This is because it generally means less pay for more work (especially paperwork). It is important to not over-insure nor under-insure so it is important to assess your situation when purchasing adequate coverage. Also, insurance plans have restrictions, such as pre-existing conditions and annual maximum payments.
The most common types of dental insurance plans are either Preferred Provider Organization (PPO) or Dental Health Maintenance Organizations (DHMO). Both types are considered managed care, and each dental insurance plan has benefits and disadvantages.
Dentists participating in the PPO plans have negotiated their fees with the administering company, and provide their services under the plan, but this usually does not cover all fees. The difference between what the dentist charges and what the dental insurance plans cover is what is referred to as the "co-pay". There may also be a maximum amount they will pay annually.
Dental insurance plans, where you're dentists is part of the PPO and that your employer pays the monthly premiums are extremely attractive.
Based on medical HMOs, DHMOs offer other dental insurance plans. The enrolled patient can go to any dentist they choose in that program. However, dentists may end up having to provide services at 'below cost' rates, and not be able to spend as much time with each person as a PPO could offer. In a DHMO, volume matters more than quality, and so dentists are often driven to spend less time with their patients. Although a patient will be seen and treated, the relationship with the dentist is not developed due to lack of time. A DHMO is probably not one of the dental insurance plans that you want to choose if you want your dentist to spend quality time with you.
Non-Insurance Dental Plans... An Alternative to Dental Insurance Plans
In these types of plans, commonly called Reduced-Fee-For-Service or Discount Plans, participating dental providers provide care at a discounted rate to the plan subscribers. These types of plans began in the early 1990s, and they offer benefits such as braces, fillings, exams, and routine cleanings in exchange for a discounted fee to its members. Members can expect to receive a discount around 30 to 35% off the retail prices.
Contrast to traditional indemnity-based and dental insurance, these discounted dental plans have no annual limits, no health restrictions and essentially no paperwork. In order to receive these discounts on dental services, members pay a monthly or yearly fee. These dental plans will provide a price list on either their website or in membership materials so that consumers know that they are receiving the savings that they were promised.
In order to save you money, this discount plan would give you a list of dentists that have agreed to charge a discounted rate, say $700 for a crown, versus the normal $850.
Discount dental plans are configured for groups, families and individuals that wish to save money for their dental care. Dental providers participating in these plans have agreed to accept a discounted fee as payment-in-full for services performed for a plan members. In general, plans are active within five business days and sometimes even on the same business day.
You should be extremely careful if you do not have dental insurance plans, along with a discount dental plan, because you might end up owing a great deal of money to the providers. For example, a 25% discount applied to a $2000 dental bill would still leave a person with a $1500 liability. Furthermore, you must be prepared to pay your entire dental bill on the spot, because payment is due when the dental work is completed.
Before Purchasing a Discount Dental Plan
You should know the answers to all of the questions below before you purchase any type of dental coverage, whether you are choosing a non-insurance discount plan or are one of the many traditional indemnity-based dental insurance plans.
*** Request a list of participating providers in your zip or area code
*** Contact any providers that you plan to see to confirm they still participate in the plan
*** Find out what the provider normally charges for the services you are interested in receiving.
*** Confirm that the provider offers the reduced fees
Be aware that dental-discount plans are not regulated by state insurance departments. However, just because they are not regulated by the state does not mean that they aren't legitimate but you should remain cautious when signing up in one. You should ask if a licensed insurance company is offering the product and verify with the insurance company if you are unsure if you are purchasing insurance or not. In California and Arizona, there are now state licensed dental discount plans.
10 April 2017
Payday Debit Card Loans - Get Fast Approval of Funds on Demonstrating Your Debit Card
There are many loan plans available in the loan market for the time when you are in dire need of funds. Payday Loans Debit Card is one of them through which you are just required to demonstrate that you are a debit card holder. To get rid of all your financial troubles you can get monetary aid of 100 to 1500 that you can utilize to fix myriad expenses as there aren't any restrictions on the usage of funds. The loan plan is especially designed for the people who are debit card holder with a repayment period of 14 to 31 days.
You can get this amount after qualifying following conditions: -
Borrower needs to be an adult.Borrower must be a salaried one along with the regular monthly earning at least 1500.Borrower should have citizenship of United Kingdom besides the same residential address for last 1 year.Borrower must have a bank account in any reputed bank of UK; it should be 3 to 6 months old.Borrower must have the capability of the repayment of the loan.
Once you have met the conditions it's your choice for applying as you can visit lender yourself or you can apply using online method. Visiting lender may consume your lots of time in communication or commute etc. But online way is easiest and fastest among all you just require to fill in application form including your desired amount. Filling form will take a few minutes of yours and after a small verification process your amount will get sanction under payday debit card loans. Amount of loan and repayment period will be decided by the lender according to your repayment capacity.
Summary
Your debit card can act as a savior for you when you are in urgent need of funds. Repaying loan within the repayment period will help you in creating good credit history and you must not exceed repayment period to escape from penalties.
09 April 2017
Key Credit Repair Skills For Improving Credit Report Scores Part5
Avoid Messy Records.
Personal financial records are but one aspect of the many things that are happening in your lives. Home loans and insurance, auto loans and insurance, personal tax payments, insurance nomination confirmations, marriage certificates, children birth certificates, new home deeds, home rental contracts, are but simply a portion of the many critical records that could affect your credit reports in the future. So keep all documents in neatly segregated files for future references. Not knowing what is going on in your own financial life is courting disaster.
Avoid Dated Records.
All personal financial records should be kept in chronological order segregated in different folders by type of records. Review each of the folders periodically, especially when there are changes in your life stages. In fact, should you be resettling at another location, you will need to update every related parties managing your finances.
For instance, you may wish to review your personal financial folder which contains your credit reports and credit repair activities on a regular basis, or review your insurance folder when you need to re nominate beneficiaries etc. Keep the folders on hand in case you move on to a new state or province and need to start new credit accounts. You will surely find them handy when trying to contact your bankers and lenders to make credit repair arrangements.
Should you move and omitted to inform your lenders of your ne address, you might never get your bills, consequently never paid them up causing your credit score to fall drastically. Hence it is in fact very critical that you either close your credit accounts or update your new address and contact information with all your creditors and lenders whenever you move.
Avoid switching credit companies and credit accounts.
Being loyal to a single credit company is no longer the buzzword for the modern day person. However, amidst the enticing special premium rates, free gifts or privileges for you, the other esteemed client, you should always keep your cool and not be tempted to switch. Switching accounts and lenders makes you seem fickle and unreliable.
Relationship building requires three key elements to work, namely you, your banker and time. A good solid credit account built since your days at college takes time to build, and display your consistency, stability, commitment and steadfastness in life and credit management. This is the type of profile that lenders fully appreciate, and customer loyalty might just be rewarded accordingly.
And here is a final word on closed accounts too. Whenever you close any account, be it a credit card, personal credit lines, auto or home loans, or even a utility account, ensure that you obtain a written confirmation from the related company that you have fully paid up your accounts. This good habit will serve you well, especially in keeping up your good credit scores.
08 April 2017
The Lease And Option Strategy To Make Money With Single-family Houses
This is exactly why I give you the lowdown on the standard lease-option strategy that is being taught today. And once I have finished telling you all of the details on the potential risks and problems that lease-options pose, I show you how to properly structure a lease and option transaction so that you can use the low-risk, low-cost lease and option strategy to profit from single family houses. First off, the risk versus reward ratio for sublease-options is way out of whack! In other words, the risk potential that is associated with using sublease-options far outweighs the profit potential! There are just too many things that can go wrong with a sublease-option deal, which a lessee has absolutely no control over. For example, during the sublease-option period, any of the following can and usually do occur:
1. The tenant-buyer fails to make lease payments and must be evicted.
2. The tenant-buyer cannot be evicted from the property because a court rules that he or she has an equitable interest in the property and must be foreclosed on instead of evicted.
3. The tenant-buyer commits a wanton act of malicious vandalism and destroys the leased property.
4. The owner refuses to sell the property after the tenant-buyer has exercised his or her option.
5. The owner refuses to sell the property at the agreed-upon purchase price after the tenant-buyer has exercised his or her option.
6. The property under lease-option is damaged or destroyed by fire, storm, or earthquake, and the tenant-buyer must be relocated.
The standard sublease-option strategy being pushed today involves leasing a property and then subleasing it to a tenant-buyer. This requires the lessee (tenant) to become a lessor (landlord) responsible for managing the tenant-buyer. A sublease is also known as a sandwich lease, which is generally defined as: "A lease agreement in which the lessee (tenant) becomes a lessor (landlord) by subleasing the property under lease to a sublessee (tenant) who takes possession of the property." Under a typical sublease-option arrangement, an investor signs a lease-option agreement with a property owner and then subleases the property to a third party, known as a tenant-buyer, by using a sublease-option agreement. It is sort of the real estate equivalent of a threesome, in which the following three parties are involved in two separate lease-option transactions:
1. Lessor-optionor: The owner of the property being lease-optioned.
2. Lessee-optionee: The party leasing the property from the owner with an option to buy.
3. Tenant-buyer: The party subleasing the property from the lessee-optionee with an option to buy.
The problem with this scenario is that 99 percent of all investors who get involved in a sublease-option transaction do not know diddly squat about being a residential landlord. As a result, whenever they have any type of problem with a tenant-buyer, they are clueless about the correct way to solve it. For example, I recently received an e-mail from a lessee-optionee in Atlanta, Georgia, who wanted to know how to go about evicting a tenant-buyer in Georgia. I told her to log on to the state of Georgia web site and look up the residential tenant and landlord act online.
The point that I am making here is that this person had never even bothered to take the time to acquire the most basic knowledge about being a residential landlord in Georgia, even though residential rental housing is one of the most highly regulated businesses in America. In most cases, this ignorance of basic property management fundamentals turns out to be a recipe for financial disaster.
07 April 2017
No Fax Payday Loans: Draw Funds Without Any Delay
The no fax payday loans are the type of loans which are meant for the individuals who have inadequate funds to fulfill their needs and they are in urge of funds to satisfy their short term needs without wasting any time.
The no fax payday loans involve no credit check, no paperwork, no documentation presentation and no document faxing. Through this method you can apply for loan amount in the middle of the month while your payday is far off and you can not procure funds from any source other than your salary.
No fax payday loans are unsecured form of loans. These loans allow a borrower to apply for a loan amount without placing collateral against the loan amount. The loans amount may range from ?100-?1500 for a time period of 14-31 days depending upon the repayment capacity. These loans can be used to meet the unexpected or unscheduled needs like paying medical bills, school fees, car bills, electricity bills and other emergency needs.
Faxing of documents for the approval of loan is an arduous process. This process may sometimes even fail to reach the desired destination or get delayed enough which would obstruct you from attaining the funds quickly. Thus, keeping your needs in mind no fax payday loans have been designed. These loans make sure that you get timely assistance with maximum benefits so that you can easily look after all your needs.
The slightly higher interest rate of no fax payday loans is no difficulty for the borrowers as they can make advantage of the competition prevailing in the market. With the help of research and comparison the borrower can attain the lowest rates of interest offered in the market. All he has to do is collect the quotes offered by different lenders and make an intelligent decision.
06 April 2017
A Perfect Choice In The Hour Of Need Low Rate Loans
Low rate loans are easily accessible to homeowners in the UK. To find approval of these loans, you need to offer any of your assets as collateral to secure the loan amount. It can be your home, property, vehicle or any other valuable assets which will be seized in case of non repayment of the loan amount by your lender. Therefore, to make most of low rate loans UK you will have to be extra careful regarding the repayment schedule of the loan amount. Usually it is recommended to make some repayment schedule in advance and follow it.
With low rate loans UK, you can have access to larger amounts, as compared to some other loan. The interest rate is also lower along with flexible terms of repayment. For all such benefits of low rate loans UK, all you need to do is offer your assets and be extra careful regarding the repayment schedule of the loan amount.
If you want to crack the best possible deals, you can make your search through various online sources. An online search for low rate loans UK will cater you with a large number of lenders at a single place. It will save much of your time and effort. Collect and compare well, the quotes offered by the different lenders to find the best nominal deal of low rate loans UK.
05 April 2017
Bad Credit Emergency Cash Loans ? When Emergency Bills Crop Up
The salaried citizens of US can borrow anywhere from $100 to $1500 for 14 days until their next payday under these loans. But the applicant must be employed in the existing job for last six months at least and their monthly salary should not be less than $1000. Only adult people of 18 years of age and above are eligible and they must have an active bank checking account.
Bad credit seldom comes in the borrower's way of taking out the loan. This is mainly because the lenders do not make any credit checks on the salaried people for the loan as risks are remote with them. The borrower can repay the loan on next payday with ease and hence the credit checks are usually not done. Hence, you can borrow the loan for emergency despite bad credit history of late payments, arrears and payment defaults.
Usually, the loan comes against a post-dated cheque that the borrower writes with borrowed amount and interest payment included in it. The loan can be rolled over for few more weeks on interest payments.
But bad credit emergency cash loans are costly for most of the salaried people. They have to fork out interest payments at high rates. Once you rollover the loan, the rate only goes higher. Hence it is advisable to make a good search on internet to find out a suitable deal that may come at lower rate. Ensure that you make the repayment of the loan on due date, without extending it.
04 April 2017
How One Can Find Cheap Health Insurance
1.One can select a high deductible to get discount in the premium of health insurance plan. One can decrease the cost of premium of health insurance plan by joining a HMO. HMO's provide a health insurance plan that is very cheaper than the normal health insurance plans. But there are certain restrictions which occur in lower cost with the use of hospitals, medical professionals and doctor's .shopping if done at its best can help in reducing the costs on any plan of your choice.
2.One can use a free clinic to reduce the rate of the health insurance plan. Many clinics are available for this. There might be a direct reduction in the premiums of the health insurance or reduced co-payments to submit. One should oblige to a routine check up by consulting a medical professional. These clinics work under a community of members and is rendered by an organization as a community service provider.
3.Medicaid can also be taken if someone thinks that he is not financially good enough to pay normal health insurance premium. Different states have different rules for Medicaid. This service of Medicaid is installed for people who come under the low incomes bracket. Every employed person is eligible for it as possessing a job has no effect on its ineligibility. Certainly the cost of the plan will be lower if anyone among you or your family is entitled and qualifies this. One can directly concern the state's Medicaid program to find the eligibility.
4.One can get an affordable rate if one keeps his health good. This good health directly depends on the food you take. The rate which you get on your home insurance plan also depends directly on the food you take. One can retain his ideal weight by removing cholesterols, fats and high crabs from his diet. Therefore the life of an individual will become healthier then before and he might have to pay cheaper rates than before.
03 April 2017
How Credit Works
Inquiry Myths
As discussed in "The Larry Rule," people who repetitively apply for credit are viewed with suspicion by the credit agencies. However, there are some caveats to the Larry Rule. First, multiple inquiries for the same purpose - shopping for the best deal on a home loan, for example - count as just one inquiry. Secondly, it is never harmful for you to check your own credit report - only applications for credit (not mere inquiries) count against you. Third, and most importantly, inquiry data is only kept on file for six months. So in other words, the Larry Rule has a six month statute of limitations.
The exceptions to the Larry Rule outlined above are all good news for consumers. Unfortunately, not everything contained in this article is so pleasant. For example, you may believe that your permission must be given in order for someone to check your credit. Unfortunately, this is a myth, except where it applies to employers. A potential creditor, an insurance company, a landlord, or virtually anyone else can access your credit report without your permission.
Credit Repair Myths
Many people believe that paying off debts immediately improves their credit score. Unfortunately, this one of many credit repair myths. While a paid debt is marginally preferable to an unpaid liability, the truth is that missed payments and past delinquencies are still ugly marks on your credit report, and simply paying off an old debt may not improve your credit score by even one point.
The good news is that late payment and old delinquency information will disappear after seven years. But the idea that all negative information is wiped out after seven years is another credit repair myth. The truth is that Chapter 7 Bankruptcy stays on your record for 10 years, and unpaid judgments can potentially remain on your credit report forever.
Another popular myth is that the act of closing your Credit Cards is good for your credit score. This myth is perhaps the most painful, as many people who close open accounts have difficulty opening new ones in the future. The truth is that open, active, and up-to-date accounts help your credit. Unused credit capacity (i.e. available credit) is a positive factor in determining your credit score.
Credit Counseling Myths
Credit counselors and debt management services have received a bad name over the years, and much of the negative publicity has been deserved. It is, for example, a myth that you can simply pay a company to "fix your credit." Any firm that claims to perform this hands-off service should be avoided.
But there are good, reputable credit counseling and debt management services who truly do help people. And despite the myth that using such a service inevitably hurts your credit, the truth is that many of these companies are able to reduce their clients' debts and maintain or improve their credit scores at the same time. When considering a credit counselor, look for firms that have these dual goals, not companies that focus solely lowering your liabilities.
Sincerely,
James
02 April 2017
Find The Best Bank Account
Ok, now you've decided what you need it's time to do a little more digging. What I'm going to do is make up an example; this will give you an idea on the things you need to consider when looking for your next bank account. I'm a Regular saver who never goes into my overdraft. The one thing that's held me back from moving my bank account has been the time and effort needed for me to move all my payments, Direct Debits and Standing Orders to a new bank.
Well, that's not a problem anymore. In the UK, banks now have the ability to automatically transfer standing orders and direct debits. This makes moving your account far simpler.
Next, as I never use my overdraft, I start looking for something like the best in-credit bank account. Usually, the results that search engines spit out tend to be price comparison sites. This isn't a major problem but make sure you read all the T&C's on the individual bank website as they own the product and will give you the most comprehensive information available. Top tip - get a pen and paper and draw a little table showing all the benefits of the banks that you are looking at as it's easy to forget key information when you scrolling between pages on the internet.
Now there are two runners in my quest for the best bank account. So which one should I choose? On paper, it's no contest - Bank of Fantasyland (BoF) gives me ?100 cashback for opening the account plus I can refer a friend get another 25 smackers for both of us! Simple decision. Actually, no. The apparent runner up, Bank of United Misers (BUM), doesn't give me any bonuses or referral fees but they do give me 3 years at 0% interest if I do go overdrawn. In this instance, most people would take the BoF offer but remember what I said - get it down on paper and do the maths. BoLF have 0% for one year only, after which the interest rate gets pushed up to 12%! If for some unforeseen reason your bank account does goes overdrawn after one year you could end up paying back more than you get in bonuses and referral fees. Food for thought. You see, it's never as clear cut as you think.
I'm going to leave this example now. I hope I've shown you that the what could be the best bank account for one person may not be the best option for the next person.
01 April 2017
How Anyone Can Triple Their Investments Overnight With A Stock Market Trader System
A stock market trader system is a program which automatically analyzes market data and predicts precisely how certain stocks will perform in the future so that you can trade accordingly. Experts have been using this technology for years and it was only recently that it became available to everyday traders.
How it works specifically is that it takes advantage of how the market moves and progresses in cycles and patterns. It builds databases of past trend data which it constantly adds to and appends as the market progresses. It applies this information to current real time market data to identify similarities to further investigate. Eventually the program picks out and identifies what it deems as being a profitable trade and notifies you so that you can trade accordingly.
I especially recommend the stock market trader system and systems which focus on penny stocks as these are the stocks which perform the best in short spurts. Because of the cheaper prices behind these stocks, they quickly and easily fluctuate, shooting up in value overnight. The first pick I received using one of these systems is a perfect example of this. When I received the stock pick, it was worth 15 cents. This was on a Sunday I believe. I bought 1000 shares or so, logged out, and forgot about it. About a day and a half later I checked back in on that stock to find that it had shot up to 31 cents a share.
I was taken aback to say the least and had to log out and in over again to make sure I wasn't seeing things as I wasn't used to fluctuations like that, at least not from anything I've ever invested in. I continued to check that stock compulsively as it continued to climb up to briefly top at 48 cents before dropping quickly again. I just about tripled my initial $150 investment, of course my only regret was that I didn't invest more but seeing as it was my first pick I was justifiably wary of how it would work out.
