The Pernicious Effect of Payday Loans In a sign of the times, one of the interesting trends which have occurred in many of the largest cities, particularly within impoverished pockets of the city, are payday loans offered by neighborhood financial institutions. You will also typically hear these types of loans called cash advance loans and post dated check loans.So, what are payday loans? They are essentially a cash advance,...more
Offshore bank accounts & required documents The requested documentation by offshore banks (passports, bank references, proof of source of funds, etc.) can appear to be a demanding experience if it is your first time around. But don't let that upset your applecart. Yes, there is logic to this seeming madness. Once you understand the process it can go quite smoothly. Never forget, banks are in the business of opening accounts –...more
The Benefits of Having a FHA Mortgage Rate The Federal Housing Administration has recently released a new initiative that would permit troubled homeowners with adjustable mortgage rates that are approaching reset to refinance once the loan has rest or even after the loan has become delinquent in special circumstances. Called The FHASecure Initiative, it would apply to non-FHA ARMs where the homeowner has not had a history of late payments in the six month period prior to actual reset. If the home has sufficient equity, the homeowner would still be able to refinance even if he has become behind in his payments, with some special conditions. The borrower would have to prove that if he receives an FHASecure refinance, he can afford to make the new payments based on his income at the time he makes application.The new FHA initiative is a temporary measure and applications must be filed prior to December 31, 2008. The FHA Mortgage Rates will make nationwide loans based upon 97.75% of an appraisal estimate. The maximum mortgage that will be provided for a single-family home would vary with the home's geographic location. They are not setting an income limit and individuals...more
Private banking offshore: singapore (east) or switzerland (west)? Surely there are a number of international investors who are concerned about their offshore banking and wealth management services in Singapore . Yet, beyond a doubt, Singapore is a very sophisticated banking arena, and it has chalked up a well-earned reputation for...more
Offshore gold bullion investments & irs bank account reporting requirements Being an offshore financial consultant I have learned that the majority of my readers have become involved in international banking. This being true many of these same people are now purchasing gold. Naturally, they are pursuing this course of action to...more
Cyprus: offshore corporate banking & tax haven If you are seeking to increase your corporate profits and you are investigating the Country of Cyprus, look no farther -- they have the lowest corporate tax rate available in Europe . Plus, when visiting and doing business in Cyprus you have the pleasure of her superb Mediterranean climate – a tough combination to beat! The big question is -- What makes Cyprus an ideal offshore corporate banking and tax haven location? This small country, actually an island-nation, is famous for being one of the least taxed nations on the globe. To make it even more inviting it has the least amount of taxation of all the 25 member states of the European Union. Beyond a doubt, this makes Cyprus a highly attractive offshore center when it comes to incorporation, running a business, and banking. Also the country has an excellent name for being highly reputable and well regulated. This translates into a very safe place to invest and do business. With over 17,000 offshore IBCs (International Business Companies) incorporated in Cyprus , it gives you a wide variety of financial institutions to choose from. In addition to these...more
Offshore banking — where did this concept begin & why has it thrived? The longer I live the more "words" amaze me. Where did all these words we use everyday come from, and how were they derived? Truly, this is fascinating...more
Secured Loans Or Non-Secured Loans? If the borrower has a track report of creating payments on time for all his other loans and payments, then he may get the loan cheaply. Which mortgage is ideal for you depend on your predicament and...more
Remortgages And Secured Loans Can Be Used To Reach A Full And Final Settlement Of Debt The credit crunch had a dramatic affect on the wallets of many, and many people are as badly off financially as ever they were.In the course of the...more
Reverse Mortgage - A Blessing for All Senior Citizens Reverse mortgage will help you to find out the amount of hard money you can actually raise against your house. For finding out this equation you need to be a sixty two year old...more
25000 Unsecured Loans – Get Finance Easily Without Any Tensions If you want an advancement you can avail it the way you dream. You do not crave any property or aid to achieve the same. For this desire £25000 unsecured loans have...more
Quick Small Loans: easy funds to dismantle temporary financial needs It does not take much of a time to utilize the income that you bring home. While the needs seem to be endless, the income remains the same. Due to the limited...more