The lender, Bank or credit card Company offers you money by way of a loan or credit card account. You are invited to sign into their system and thereafter are known as your name in capital letters on a loan agreement or credit card, which is signed by you in order to validate it i.e. signed by an individual.5 Smart Ways to Survive a Recession
As you know, we have been experiencing one of the most challenging times in our country’s history. During the past few months, we’ve encountered a housing bubble, credit crisis, a bear market in stocks, significant increase in unemployment rate, continuous increase in commodities such as food and energy prices and more.Financial Terms Explained
0% finance: An interest-free loan — you repay only the amount of money you borrow. Such loans are often offered on items that manufacturers or dealers are keen to sell, perhaps because it is an unpopular model or it is about to be replaced by a new model. The deposits might be large, sometimes up to 50% of the list price of the item.College Planning – Coverdell IRA Or 529 Plan?
Planning for college has become more paramount as the costs associated with attending have skyrocketed. Both the Coverdell IRA and the 529 plan were conceived to address this growing issue.What is Bridge Or Hard Money Lending?
As we all know from reading the papers and listening to the news, conventional banks are not lending. They are certainly not lending to marginal borrowers, and they are not lending to the most pristine borrowers. This has created a great opportunity for those that have the ability to lend, whether they are mortgage banks or individuals with funds. Bridge money lending. As discussed below, Bridge Lending is a fantastic opportunity that has been made even better by the fact that banks are holding on to the money that has been given to them by the government instead of lending it.Check Cashing & Money Transfers Make Money Transactions Convenient & Safe
Check cashing and money transfer involve the process of using negotiable instruments and transfer of funds through banks and other money transfer companies. Both usually involve bank to bank transactions that are considered to be the safest when it comes to wiring money as well as cashing checks.For Professionals With Clients in Transition
If you are an attorney,financial planner, physician, accountant, or another professional, you work with people everyday as they deal with life transitions. What do life transitions mean for you, and for your practice? With a little understanding of our natural responses to change and loss, you can be a valuable resource to your clients.