Your credit report contains personal information such as your full name and address and your employer's name and address as well as information about court suits, jail arrests, bankruptcy filings, foreclosure and short sale proceedings and bills payment trend, to name a few. These factors, in turn, affect your credit score that can range from 300 to 850 points, with 678 points as the average score.Consumer reporting agencies, also called credit...more
In your normal life, you will be faced with situations where you will be late in making payments for your utilities, home mortgage, rental fees and credit card bills, to name a few debts. Instead of ignoring them, however, you should take the necessary measures to protect your credit rating, even when you cannot pay your late bills, by writing a letter to the concerned company.You might even be provided with a longer grace period, which will not...more
Business owners and successful ones are not exempted to financial difficulties while running on their own business. They can't escape from borrowing money from friends, relatives and landing companies to save their company.This is the reason why money-lending is a lucrative business nowadays. There are thousands of lending companies that offer financial help to business owners.Since getting a loan always comes with a lot of risks, it is important that a borrower keeps the following in mind:- Look for a legitimate and reliable lending company to deal with. Make sure that you are not dealing with scammers or predatory lenders. Always do compare the terms and interest rates of each company it offers. Choose the one that gives the best deal. Using the internet can speed up your searches. - Once your application has been approved, use the money wisely. Have an organized list of your expenses. Know your priorities. In this way, you would know what should be bought or paid first. - Make sure that you are paying your debts on time. This will show that you are a responsible borrower. Also, you can avoid penalty fees due to late payments.Finance Start Up Loans - Loans with Less Risks You can...more
Most years as December approaches, even in better times than the present, the home loan industry braces itself for a steep decline in business.Many people seem not to be able to multi task and when it gets near Xmas that is the only thing that they can think of.How it takes weeks and weeks to prepare a Christmas dinner and wrap a few presents...more
In my business credit practice I find that more and more clients are considering alternative capital and business credit options for their small business before using business credit cards for funding.Even though some argue the fact that business credit cards are much easier to obtain compared to loans and lines of credit I have to remind them that...more
First off, it must be emphasized that becoming a successful investor takes time. Of course, the time required to become a successful at investing varies from one person to another depending on the educational background, the breadth of experience and the personal characteristics. There are ways, however, to become more successful than your peers in a shorter amount of time. Bear in mind that these ways demand dedication and commitment from you, maybe more than you have previously poured into your other money-making endeavors.Get A Better EducationThis does not mean that you have to enroll in an Ivy League school, graduate with a doctoral degree in economics, banking and finance, business management and accounting. In fact, too much theoretical knowledge can actually harm you because you start assuming that the markets work according to fixed rules that you learnt. Instead, getting a better education means surrounding yourself with successful mentors who will teach you the ways of the investment world. You will be able to absorb valuable and practical advice that the so-called investment gurus or authors fail to mention.Besides, it pays to know what your mentors know even before...more
For many people, $500 can either be small or a big amount of money depending on their perspective. No matter the perspective, however, you can make a million dollars out of your 500 bucks and get a big bang out of it. The trick is in making small...more
You will always lose trades. You see, as a technical trader when you try to use technical indicators with precisions, your number of trades become severely limited. Experienced trader knows this fact that the ratio of the winning trades has a...more
Can you turn $1,000 into $1 million in 2010 trading? You will start with only $1,000 and grow it into one million dollars in just one year. You are not going to add any money to your account during this one year. Can you do it? I think anyone can if...more
Many people seem to forget when taking out a credit card or loan that they already have financial commitments that they must pay.Many people seem to regard their debts as totally seperate entities totally unrelated one to the other.When the...more
The forex world market is different from any other financial trading market in that it is open 24 hours a day. Of course this is only true in the business week, but from Monday morning (or Sunday evening in many time zones) through Friday afternoon...more
How about carry trading? Have you ever given carry trading strategy a thought? Carry trading is one of the most popular passive long term trading strategy that is frequently employed by big banks, institutional investors, corporations, hedge funds...more