When Should You Go for a Personal Loan

Posted on May 10, 2016 By

When Should You Go for a Personal LoanThe most advantageous factor of a personal loan is that it is very easily available. This is because the lender of a personal loan does not have many compliances to follow. The lender asks no questions and there is no criteria that has to be met by the borrower. However, there is a downside. This is very much unlike the loans taken for education and housing. The downside is that personal loans come with a very high rate of interest. Thus most of the financial experts advise against taking of these loans.

When to go for a personal loan?

There are a few circumstances in which you can easily go for this kind of loan. However these circumstances can also be termed as rare. These are as follows.

– You should not take a loan to purchase any expense that is consumption based. This includes buying a TV or a car. You should also not even think of funding a holiday by taking a personal loan.

– You


How Beneficial Is A Payday Loan

Posted on March 10, 2016 By

How Beneficial Is A Payday LoanWhen you are in a difficult financial situation, you might not have the time to approach your financial institution and have a loan processed as fast as you need the money. If you are the type that does not like to bother other people with your problems, you might also not find borrowing the money you need from friends and family. A payday loan can be your ultimate solution in such situations.

The payday loans are short terms small loans that are processed fast to cover your emergencies and then you get to repay them as soon as your salary reflects. They save the day when you need money and your paycheck is still days or weeks away. The loans are very popular and they come with a number of reasons that makes them beneficial in those financial situations that really cannot wait till your next pay.

1. A payday loan is beneficial in the sense that it is very easy to apply and have a list of requirements for you


Exchanging Money

Posted on December 10, 2015 By

Exchanging MoneyWhile money is the most important commodity for life it is also the most disastrous. To live without it is impossible in a world where essential services and the things on which life depends has a cost to it. Even water is not free and if man had his way we would pay for the air we breathe, and in many ways we already do. Pollution, environmental destruction, loss of species, and dwindling resources are a cost that none of us can afford. Our planet is dying and we are in crisis.

That is the real exchange for money and while most may not realise it the benefits derived from it are nothing but disastrous. We have yet to face the greatest disaster of all and that is the last days of life on earth.

There are no warning bells and no place to jump off the earth to escape because we are exchanging money for life. That is the way it was when it was invented and to understand that the Spirit took me back

Finance     , ,

The Pluses and Minuses of Hard Money Loans

Posted on April 26, 2016 By

Hard money loans are an alternative form of getting money that many people are unaware of. When you need a loan in a hurry and are shunned by your bank or credit union because of your low credit or for other reasons, hard money lenders may lend you the required sum for as long as 10 years (or longer depending on circumstances). They look at your assets not your credit; therefore hard money lenders may be an alternative to consider. Here are some pluses and minuses of hard money loans

Pluses of Hard Money Loans

1. Rapid Process – Banks take 60 days at least to consummate the process. The typical hard money lender will hand you the loan within 1-2 days. Local lenders who know you may even give you the funds that same day. This works out particularly well for you if you need the money for some fast purchases, for emergency need, or for other situations such as when you want to move on with construction in order to sell your property. It also helps you impress the buyer when you want to jump in front of a bidding queue to land


Things to Consider Before You Apply for a Personal Loan With Bad Credit

Posted on April 15, 2016 By

At some point many people experience financial set backs. When you find you are unable to pay a bill, credit card or loan you end up with bad credit. Your credit report is checked every time you apply for anything, even a mobile phone contract.

Your poor credit history can have a significantly negative effect on your financial future, making it difficult to secure a personal loan and even open a banking account. These days there are lenders that are willing to take a chance and enable you to apply for a personal loan with bad credit. These agencies are taking a great risk, so chances are the interest will be slightly higher than if you had the perfect credit score, but at the same time you are able to get the funding you need without being pushed out the bank and made to feel embarrassed.

The first step before you head online and complete your application for a personal loan with bad credit is to work out what repayments you can afford. It’s all well knowing how much money you need, whether it’s to buy a new car or to make emergency repairs on


Where to Get a Personal Loan

Posted on April 10, 2016 By

Finding a personal loan when you don’t have the best credit report can be frustrating, daunting and plain embarrassing. There is nothing worse than being laughed at by your bank manager when you desperately need cash for those unexpected emergencies.

There are a number of ways to secure the personal loan you need from various sources. The first step is to determine how much you need and how much you can afford to repay each month. Remember that any lender is going to put interest over and above the amount you choose, which means you can expect to pay a higher amount in the end. Knowing what you can realistically afford to repay each month can help you identify the best options and ensure you don’t dig yourself deep into debt on a monthly basis.

The first place you can try and get a personal loan is your everyday bank. Bear in mind that banking institutions are making it harder to borrow cash. This means that you need to tick certain boxes, one of these is to have a stellar credit report. Some banks even require you have some cash in your bank account. While this


Do You Qualify For A Payday Loan Refund

Posted on April 5, 2016 By

If we look at the complaints registered with the Citizens’ Advice Bureau about payday loan firms, around 76% of complainants filed cases for a refund or compensation. You could also need to seek a refund. If you have taken a payday loan against your name and you want to seek compensation, you may want to find out if you quality to file a complaint.

Here are instances where you qualify for a payday loan refund.

Reasons You Can Seek A Refund Or Compensation

Customers may seek compensation or a refund for a number of reasons. According to research studies, about 30% complaints are about lenders who take out money via a recurring payment. About 20% customers filed complaints that fraudulent loans were taken out in their names. Below are some of the common reasons you may file a complaint about a payday loan lender.

Fraudulent loans

Lenders have to verify a customer’s identity before issuing loans. Unfortunately, the verification is not done very carefully. As a result, many customers end up filing cases that loans were taken out in their names. If this has happened to you, contact the lender right away.

Finance     , , ,

The Fast and Effective Tips For Getting Payday Loans

Posted on March 26, 2016 By

Online pay-day loans fall into the category of short-term loans that are available at standard interest rates. They are approved at least within ninety days in between the next pay-day. While you can obtain this type of fund from the office of a reliable lender, there is also the provision where you can acquire it through a reliable online finance company. This article will highlight on a few important tips that you should consider in order to get a pay-day loan from a reliable finance company by all possible means.

The first step that you should follow is to do a bit of research to find out a reliable finance company that provides this type of loan by all possible means. All you need is to visit the website of the company in order to learn its essential policies as much as you can. It is vital that you should check out if it charges hidden charges from you at any point of time. You should check out the interest rates that you will be charged and you should also try to find out the total amount of fees that you will be charged if you


Pay Day Loans Avoid the Trap

Posted on March 15, 2016 By

Put simply, a Pay Day loan (or its equivalent, called by fancier names like Advance Pay or Cash Advance or Convenient Cash) are high rate loans that either are designed or result in “trapping” its users for a long-term addiction to such loans. One study estimates that the average rate of interest (if calculated, since such loans do not “charge interest, but charge a fee for their service”) is about 390% per annum! So in fact for every dollar borrowed, you pay three dollars in interest in a year.

Now here is a quiz.

How often do Pay Day users return to use the same service at the same usurious (imputed) interest rate?

Again, a study estimates, about 76% of the time!

So like a narcotic, once you get addicted to receiving a Pay Day loan, most of you will not get out of the hell-hole for a long time. That is because most of us, as humans, tend to do what comes of a habit.

So typically you to the Pay Day window say on a Friday of the week you do not get paid. You “pledge” your next week’s paycheck

Finance     , , ,

Credit Card Ending the Debt Cycle

Posted on March 5, 2016 By

Don’t let it cost you.

If you charged 15,863 on an 18% interest credit card, your minimum balance due would be 396.58 per month. If you only paid the minimum balance due of 396.58 per month, it would 388 payments to pay off the credit card debt. In other words, it would take you 32 years to pay off your debt and in the end you will have paid a total of 23,215.69 worth of interest alone. Ready for the grand total? Drum roll 38,898.69! Still think using credit cards are worth the convenience?

Get control.

Remove the credit cards from your wallet and don’t use them until your credit card debt is paid in full. If you can get up the strength, remove your debit card also. A debit card can be a dangerous replacement for a credit card because it’s harder to stay aware of what you are spending. Adopt a cash only policy.

Take Inventory.

Make a list of all your credit cards on a spreadsheet or a piece of paper. Next to each credit card record the balance due and interest rate. Then add up all of your credit card balances and record the total due at the bottom. This can

Finance     ,

Why You Should Invest in Life Insurance Now

Posted on February 26, 2016 By

Deciding to invest in life insurance can be an intricate process not only in any particular country, but in most countries in general. Among the many kinds available in the market, you have to make an informed and intelligent comparison between the likes of health insurance and life insurance-these two being the most popular among the general public. Furthermore, it gets even more complex if you are trying to invest in this industry at a young age.

I know what you’ll say. As a single, independent and free-spirited 25-year old like myself, what are the chances of dying from a debilitating illness or getting hit by a bus in a two-way street? Chances are, getting my life insured at this ripe point in my life is as bleak as Donald Trump’s chances at winning the 2016 US Presidential elections! However, let me ask you this. If you don’t have a spouse, a daughter or a son to stress on, I’m pretty sure you have loved ones in your nuclear family. An aging mother perhaps? A father? A brother or a sister?–whose future you want to secure in the event of your untimely demise or physical

Finance     ,

Top Benefits of Pension Review Service

Posted on February 15, 2016 By

There are many reasons why one should go for pension review service, and one of the major reasons is that it allows for the people to systemise their financial planning according to the future. It is essential that people start to invest for their future beforehand, so that there are no financial burdens later in life that can make things difficult. As the expenses continues to increase on a regular basis and the market continues to stay volatile and on the downside, saving a stipulated amount of money each month is absolutely necessary.

Pensions service would help you analyse your income and give you a graph of how much investment you need to make in order to secure your future. Not only that, pension review service would also show you where you need to put your money. This would help you make the right decision about your investments, so that you continue to get high returns. They also monitor your investments to ensure they are able to get you the highest returns your investments can get. Here are the few benefits of pension review service that you should know –

•    Pension review service


Detailed directions for Online Short Term Loans

Posted on February 10, 2016 By

Present are a lot of important features to this branch of learning,

that we will go over carefully within this instant cash text so that you might learn the most from it.

Payday lending companies aren`t the only alternative for customers who have debt problems. Actually, there are many alternatives to payday online advance like: small savings accounts or rainy day cash; money loans from your company; credit-card loans; working out extended reimbursement strategies with lenders; and cash loans from acquaintances, relatives, religious groups, or social service associations. Furthermore, a lot of lending companies have developed lower-cost alternatives to quick loan that have much better reimbursement conditions.

Alternatives to online payday advance need to have the following features:

•           No less than a 90-day repayment term, that is repayable in monthly installments;

•           No personal check stipulation or other unfair collateral ( like a car ownership title);

•           Inexpensive limits on renewals (If customers are renewing temporary money loans more than 4 times each year, the cash loans are not helping them at all);

•           Total consideration of borrower`s capability to pay back

Finance     ,

Being a Personal Financial Advisor

Posted on February 5, 2016 By

As their title indicates they assist individuals in arranging their finances for their best advantage. They may also help an individual create a basic financial plan or be retained as a consultant for the long term and provide clients with counsel on various investment issues and money management. The reason that some people turn to a personal financial advisor is that they have lost control of their finances. When this happens the advisor will evaluate the current fiscal status of the individual, which includes examining what their spending habits are. After the personal financial advisor has a good solid understanding of the client’s current financial condition they will begin to work with them to develop and then implement a budget that is practical and will make it possible to take care of all their monthly obligations. The advisor will also help their client learn how to minimize any spending that is unnecessary so they can start to get back some degree of financial security.

Personal financial adviser jobs normally require you to work with individual clients instead of working with businesses, financial institutions, and large corporations. You may work with a client one time or you may


10 Financial planning tips for self employed

Posted on January 26, 2016 By


According to Investopedia, self-employed is a situation in which an individual works for himself or herself instead of working for an employer that pays a salary or wage. You come across so many of them during your daily life. Local doctors, consultants, lawyers, trainers, insurance agents, mutual fund distributors, real estate agents, shopkeepers are all self-employed.

Here are the six things you must keep in mind if you are self-employed:

1. There is no such thing as compulsory retirement.
For instance, you wouldn’t expect a doctor to stop seeing patients once she touches sixty. In fact, in many cases, your ability to earn may even go higher as you age. Only at a time when your physical health desserts you and your judgement that you may feel like quitting.

2. It depends on the kind of profession you are into.
A physician may not find it difficult to work even till 70 but a surgeon might. A trainer may find it difficult to stand up the entire day and conduct training sessions. You know your profession and yourself the best.

3. Self- provision for retirement 
Salaried professionals keep



Posted on January 15, 2016 By

When I designed my coaching website, I needed to create a tag line. A type of a one line description of what the site was all about. I wanted it to summarize how I felt about the process of getting out of debt and why so many people start at it but quickly give up.

Science was my first love as a career. I spent my first ten years of work life in the biotechnology world. So the idea of a math equation flashed into my mind.

There are thousands of websites and probably millions of blog posts and articles about how to get out of debt. “Seven methods to lower your credit card debt”. “Five tips to reduce your holiday spending”. Tons and tons of information out there.

So why do less than half of Americans pay off our credit card balances every month? Why do 35% of us have accounts in collections?

I reflected on my two journeys through debt. The first ended in credit counseling and bankruptcy. The second ended with everything paid off, including our home mortgage. What was the difference?

I “knew” that we had debt both times.

Finance     ,

How can a CFO help you prepare for mergers and acquisitions

Posted on January 10, 2016 By

A large number of SME owners are likely to exit the business anytime in future after they realise that the expected value of their organisation is related to the process of preparing for that instance. The M&A process is all about marketing a company to its potential buyers. This incorporates both financial benefits and those related to that specific sector.

Although some entrepreneurs plan business strategies in advance, some potential buyers can approach a company anytime and if the owners are prepared, it can have an adverse effect on the price of the business.

Start early

Be prepared in advance. Get the due diligence done and make sure that your business is prepared to go through the transaction. If not, your company would have to assemble and prepare a large amount of data in less time. If the elements of the data are mismatched, this will weaken the confidence of buyers and have an impact on the price.

Help of a professional Chief Financial Officer who holds experience in M&A transactions can be beneficial for a business to achieve optimum price. Such professionals act as point of contact for the buyers and answer all of their potential questions,

Finance     , ,

Finding An Adviser That Suits Your Financial Planning Needs

Posted on January 5, 2016 By

When it comes to your financial planning, how well your investment does depends on the market scenario. However, selecting the right adviser that suits your financial planning needs has got much to do with how well your money works for you. A good financial adviser is one who helps you with many of the financial complexities throughout your life by offering sound financial advice.

Here are some things to consider when finding an adviser that suits your financial planning needs:

• Before you find a financial planner to manage your money, understand which areas of finance you want help with. Is it taxation, or do you need advice on investment or do you need retirement planning? Some advisers specialise only in certain areas while others may be dealing with all aspects of a financial plan.

• Look for referrals from friends and family who are at a similar stage in life or have similar financial needs. You might also want to check out adviser profiles online to see if they suit your financial planning needs.

• Alternatively, you can also search for a financial advisor online, check out their services and find a provider


Money Is the Great Destroyer

Posted on December 26, 2015 By

Money is the root of evil and now it is the destroyer of our health. It has changed the environment and the world is declining at a rapid rate. Heat is fast becoming the great enemy of the living systems that have sustained life from the beginning of it on this planet. Looking at neighbouring planets, such as Mars and Venus, the thought crosses my mind about whether they were once like earth when life that developed thereon ended up destroying them.

Since the Industrial Revolution carbon has been pumping into the atmosphere at an enormous rate and now global warming is beyond what many species can tolerate. Insects, animals, plants, and sea creatures, such as coral, are succumbing to something that man has created through his love of money.

But he has not acted alone because they things were written down in prophecies to happen at the end of the day. That is the time we are now in according to them. Things to look out for are first of all the appearance of a great mountain which will attract all people to it in a flood. That is the Internet and on it are

Finance     , , ,

Money Is Incentive and Inspiration Grows From It

Posted on December 15, 2015 By

While it is the great evil and has produced corruption and is one of the main reasons why the earth is in decline, it has been used by God to create incentive and inspire progress. It is the carrot before the horse leading it on and man has responded to it because of the earthly rewards it brings to him. The question is why when it has done so much damage was it allowed? What is it about money that has been so useful in the Spirit’s plan for good?

It would depend on how one defines ‘good’ to be able to see the big picture. Religions promise that all things are governed by several forces aside from the Divine. Evil, for instance, supposedly comes from the devil while luck also plays a role in the thinking of many.

The role of money has been to make men appear to be equal to God. In other words, through his inventions and interference with nature he is happy to think that he can change just about everything and manipulate it to his will. This has brought great darkness over the earth and now has delivered it to