It comes in as a great surprise to borrowers who do not have any money to pledge with the lenders that an opportunity comes their way through which money can be borrowed without any collateral. This opportunity is called unsecured loans and makes money available to borrowers very easily.The borrowers who need money and are tenants and non-homeowners find it difficult if they look for a loan deal to get money as they do not have any asset to...more
If the loan market is observed, you will come to know that lenders have different approaches while dealing with borrowers belonging with various back grounds. Among the borrowers, tenants are the one who do not have access to financial assistance as they do not have any asset of their own. This is one of the chief reasons why lenders do not approve finances to these borrowers. Without any finances, it becomes a bit tough to arrange the finances...more
Your credit is your asset - the asset worth with you can secure further financial support. If your credit rating is well enough to the expected, lenders do not bother offering you with the finance required. Or if you are just falling short of the anticipated, your chance of loan securing goes dim. CCJs, IVA, defaults, bad debts, arrears, bankrupts etc., come in the category of poor credit. Through the financial vagueness, bad credit loans have shown a glittering borrowing hope for individuals having bad credit. A research is essential to finding a company that would not rip you off. Above that, it is important to use a little bit of your common sense. If at any point in your dealing with these loan companies, you feel like something is fishy, and then discontinue the transaction. These folks should be asking for a good bit of information, but there are certain things that each legitimate company needs. If they are not asking for your financial capacity, previous employment record or your current employment status, then there is a chance you might be getting scammed. So, you need to be cautious. For all of your money provisions, you have options of secured and unsecured. Secured...more
Author: Don TateJanuary is when everyone creates plans for making the next year better than the one before it. Each year, goals like dropping a few pounds, quitting smoking, and getting a new job top the lists. Another type of resolution that we frequently see are those pertaining to your finances. Whether it is making more money, putting more...more
You avail loans which in turns provide finances to fructify your needs. But repaying the loans availed is quite a different entity. If somehow you fail to repay the debts, they you are tagged with poor credit. This tag creates a lot of obstacles which makes your life a bit difficult. Now, with the introduction of poor credit loan, you can emerge...more
Do you feel like you are in debt prison? Are you in financial turmoil wondering how you can continue to keep everything from imploding on you? Did you know that there were actually debtor prisons in America before the Revolutionary War? Robert Morris, a signer of the Declaration of Independence, was imprisoned in the 1700's for failure to pay debts. The bible also warns against borrowing more than we can afford to pay. Proverbs 22:26-27 says do not be a man who strikes hands in pledge or puts up security for debts; if you lack the means to pay, your very bed will be snatched from under you.Credit card use has continued to grow in leaps and bounds. From 1996 to 2005, the total number of bank credit cards almost doubled. In 2004 alone, credit card companies generated $43 billion in fee income from late payment, over-limit, and balance transfer fees. The Federal Reserve reports that the total US consumer revolving debt reached 2.46 trillion in 2007. This large increase in card usage has created a "fee feeding frenzy," among credit card issuers. The whole credit card industry has really evolved for the benefit of creditors in recent years, with the industry imposing fees and increasing...more
Becoming a first-time home buyer is a tremendous step in life. The sense of personal accomplishment, pride, satisfaction, and joy is irreplaceable. It is not without it's challenges, though. Because of the huge number of options available to you as a...more
One frustration all risk managers experience is being brought into the contract process when it is too late to reduce the risk. Only yesterday, I was asked to review a contract for the acquisition of health equipment. When I sent my recommendations...more
Author: Kasan GroupeIs the New Year a wake up call for you to get your act together and start doing all you can to save money? It’s time to really think about what you need. Do you really need all those expensive Mercedes Benz Parts on your...more
Your business plan is typically the first impression potential lenders of investors get about your business idea. Even with a great product, team, and customers, and you are unable to convey to properly convey your image, it could be the last...more
If you want to earn additional income on the side but is at a loss as to which business venture you will be most profitable at, the following suggestions might be helpful. When looking for home business ideas, it is best that you consider your...more
Thinking of going into a home business? You're in luck. There has never been a time when home-based businesses have enjoyed such growth and exposure as they do these days, thanks to new technologies and the success of many home-grown ventures. The...more