Author: Sam Rush

Cash Advance: What You Need To Know About This Credit Card Feature

Cash Advance: What You Need To Know About This Credit Card Feature

Finance
There are times when you need a quick financial bailout. You can sell your stuff, borrow from family and friends or take a payday or emergency loan. But now, you also have the option of taking a cash advance on your credit card. The advance is a loan against your card balance. The main advantage is that you get the money instantly. While before you could only get money from the ATM using your debit card, it is now possible to get cash using your credit card. What Is Cash Advance In simpler words, cash advance is a loan that you can borrow depending on your credit limits. It's paid back with interest. It's a feature that you'll find in some credit cards. With this feature, you will get a PIN which you can then use to access money from an ATM. You may be wondering how to get cash from ...
An Introduction to Financial Planning Services

An Introduction to Financial Planning Services

Investment
Financial Planning is a series of actions that are taken with the ideas of producing a result that benefits financially. There are actions in the plan such as investing and saving that are related but not considered planning financially. Establishing a plan for your financial future allows the items outlined to be put into action to aid in reaching the individual goals set. These plans are customized to fit the people they are made for so that they can move forward to meet goals and achieve important events with less stress. Types of Financial Planning Services There may be a variety of planning financial planning services offered from a financial planner. The services are considered with each other to help get an overall plan that takes multiple factors into consideration. Here are so...
Sample letter to creditors for hardship

Sample letter to creditors for hardship

Credit
A hardship letter can be simply defined as an appeal letter to a creditor or a utility provider requesting a review of repayment terms. A hardship letter to creditors can be occasioned by various unexpected incidences in our lives such as sudden loss of jobs, a medical emergency, loss of property or any other economic hardship. The purpose of a hardship letter is to describe in the borrower’s own words why he or she is not able to make repayments as expected. It is to help you negotiate debt successfully on your own. The most important thing with a hardship letter is to include actual and factual reasons for the hardships and the plans that you’re making for the future. Types of hardship letters to creditors This is not an exhaustive list of reasons for writing a hardship letter. You co
Discounts Applied to Your Quote, what are they?

Discounts Applied to Your Quote, what are they?

Finance
 It is really important to understand the number, or quote, that you’re getting from a representative and what discounts, (reflective of underwriter’s assumptions) they offer and if those discounts are applied to your quote. You will need to ask about the base rate BEFORE discounts to determine whether, or not, a representative is trying to bait you into buying based on a low quote, only to discover after a period of time, that discounts were applied to your quote inappropriately. This is a common practice used to help a representative make their quota and many reps will apply as many discounts as they can to show you the lowest rate, not caring that, when the underwriters examine your policy, they will raise your rate substantially; or in the event of a claim, the coverage you thought
5 Tips for Running a Financial Loan Business

5 Tips for Running a Financial Loan Business

Loans
Almost every business needs to borrow capital at one point or another in order to get through a financial downturn or temporary cash flow problem. This is why commercial credit can be a very lucrative business that can help others get back on their feet at the same time. This type of business needn’t be as complicated to start as it may at first seem. With the right investors and the right technology, the set-up costs can be relatively low and the returns very rewarding. If you are thinking about setting up a financial loan business, here are 5 tips to get you started. Choose Your Clientele First of all, you will need to decide whether you will loan to businesses or individuals. The key difference between each of these are legal and licencing issues, as consumer loans are more he
Business Debt Collection Questions and Answers

Business Debt Collection Questions and Answers

Debt
These days, many businesses are opting to hire experts to deal with their debt collections because most of the time, they do not have the expertise and the staff to handle it. When choosing a business debt collection agency to do the collection for your company, make sure to ask the necessary questions first: Do you have certification? One of the biggest concerns in the collection process is getting involved in legal situations. Because of this, it is important that the company you employ is certified. In general, these agencies are certificated by the Commercial Law League of America. An agency that adheres to its strict regulations as well as the Fair Debt Collection Practices Act means that it is credible and has the ability to prevent legal harassment. What is your payment process...
Staying Financially Fit: Personal Loan Use

Staying Financially Fit: Personal Loan Use

Loans
Sometimes, we fall on hard times, or we might just want to consolidate other credit card or loan payments into one with a smaller interest. Other times, we might find ourselves wishing that we could fund a class, pay off our wedding, or pay for a holiday. No matter what the use, finding a loan to fund your dreams doesn’t have to be difficult. Personal Loan Terms Personal loans are a great way to get funded and make consolidated payments on something that otherwise would have taken over your finances. These loans are typically in terms of one to five years, offer interest rates far lower than most credit cards with some being as low as 9.95 percent, and are easier to pay than several separate bills. These loans also have the benefit of fast approval turnaround with most approvals being
What Is a Caveat Loan and How It Can Help your Business

What Is a Caveat Loan and How It Can Help your Business

Loans
You may or may not have heard the term “caveat loan”, which is a form of security that is commonly used for short term business loans, and basically, the loan is guaranteed by the caveat, which is a document that is lodged with the land office that states the property is being used as security for a loan. There are many benefits for those who wish to have a short term business loan by taking out a caveat loan, which could run from a few days to 3 years, depending on the borrower’s needs, and with online loan providers, applying for such a loan has never been easier. Low Interest Rates As a caveat loan is secured, interest rates are as low as 1.80% per month, and we should look to save money wherever possible, and with loan terms up to 36 months, a flexible repayment plan can be agreed.
How to Find the Cheapest Car Finance

How to Find the Cheapest Car Finance

Finance
The difference in interest rate available to you when buying a car is going to make all the difference in how much you will end up paying. Any large amount of money with an interest rate levied against it is going to be significant in monthly repayments, especially when repaid over a term of more than 12 months. There are some good deals to be had on the market, the trick is in knowing where to find them. This guide should help make the process easier and give you an idea on what you can expect. Interest Free Car Finance Yes, you read that correctly. Once every now and again, some car manufacturers will offer interest free finance on some of their models. These cheap car finance deals can dramatically reduce the cost of borrowing so should be sought out whenever possible. Have a look at...
Freedom Debt Relief Reviews Investing Tips For 30 Somethings

Freedom Debt Relief Reviews Investing Tips For 30 Somethings

Debt
Investing for retirement in your 30s doesn’t mean you’re too late. There’s still plenty of time to build a cushy retirement. In this article, Freedom Debt Relief reviews several tips to ensure you hit the mark with your retirement. Fill Up Your 401(k) You might be one of many in their 30s who have a debt hangover from their 20s. This can be a drag on your ability to fund your 401(k). Paying down debt will free up money to contribution even more to your 401(k). Freedom Debt Relief reviews says to try contributing the maximum to your 401(k). This means $18,000 per year. While more would be better, this is all the government allows. At the least, you’ll be doing the best possible and far better than most of your coworkers. Your contributions will be on auto pilot, coming out with each pa