Is your salary day still too far away? Are you in need of some quick money without any kind of unwarranted regulations in the money lending procedure? Do you feel that acquiring smooth money is actually like an unfulfilled wish? Just do not worry and apply for payday advance. This monetary service is a perfect way to financial success. As one acquires the money, he can use this cash advance until his next month's salary comes into his account.
When the borrower gets the approval in the case of payday advance and gets the money, he can accomplish a number of passing fiscal wants. He can medical emergencies, can send his car for a repair, can get small house medication done, can meet educational expenses of his child and son. Grab cash that falls in the small monetary range of and 00. The obtained credit can be returned back in the time duration of 1 to 30 days easily.
Imperfect credit situations such as late payment, payment overdues, arrears, bankruptcy, CCJs, IVA and so on are not any kind of hindrances. A defaulter also gets the credit without any wait as the money lenders do not follow any credit check process.
In order to apply, you are required to fill an online application from with your genuine personal details from the comfort of your home. Once your form gets submitted with the money lender he starts the process of verification. As and when one gets the quick approval, the credit comes into his account directly within a day's time.
Not much of paperwork is required but has to fulfill certain qualifications. One should be an adult resident of USA. One should possess a current bank account, at least 3 months old and should be earning a fixed monthly income of 00 at least.
Saturday, June 30, 2012
Friday, June 29, 2012
Buying a home after bankruptcy
Experienced bankruptcy lately? You may wonder if you will still will be able to get a home loan. You may also be wondering if buying home after bankruptcy is a good idea for you.
While bankruptcy can make your mortgage loan approval difficult, it is still possible to get approved. In fact there have been more and more, bad credit loans coming out all the time.
They are called the Subprime lenders; they are focusing more on helping individuals with poor credit in buying home after bankruptcy.
This is happening mostly because bankruptcies are still on the rise and there is an increasing number of people with bad credit who are looking for home financing.
Just to give you a bit of an overview here are some very good reasons to consider after bankruptcy buying home:
Increase your credit rating. When you make your payments on a regular basis, you will be able to develop your credit rating. Once your pre-payment penalty is done, you should be able to refinance your credit loan for a much lesser interest rate.
After your bankruptcy has been for ended 2-3 years, you ought to have a much easier time qualifying for a lesser interest rate mortgage loan.
You will be able to own an asset. If you are just renting a home then you are absolutely throwing your monthly payments away. Why not just buy a home, over time, its value will increase and you are working you way towards owing an asset.
Once you have bought your house, as soon as 6 months or so later, you might be able to take out an equity loan on your home and consolidate any other debt that you might have since your bankruptcy or debt that could not be included in your bankruptcy.
Taxes and student loans will not be discharged in a bankruptcy. You may also want to use the extra cash to invest in a business venture or for needed home improvement.
It is very tempting to buy an new home, new car, do some renovations, etc., after bankruptcy discharge you have no debt left. You will probably feel like you can afford a larger house payment due to the financial experience that you have.
But it is not that easy so here are some factors to consider before committing yourself to a new house payment.
The Pre-payment penalty. This penalty is usually about 6 months worth of house payments. And usually lasts from 2-3years. Once you sign those mortgage papers you absolutely have to make those payments. If you don't have the amount of the pre-payment penalty in savings, you are locked into making the payments or losing the house.
The Two Year Mark. Keep in mind that after 2-3 years from the date of the bankruptcy discharge, mortgage loans will be much easier to get. With a small down payment, you might even be able to get a mortgage loan without a pre-payment penalty.
So, if you are within 6 months or so from the 2 year mark. It would be smart to wait it out and have more mortgage loan options.
Borrowing Too Much. This is the most common mistake that we usually get into. If you do decide to buy a house, buy one that you know you will be able to afford. Don't max yourself out on credit, living right up to the edge of your income.
If your income suddenly drops, you'll want to make sure that you can still afford your house payment. Be conservative with how much home you need to buy.
Most of us always think that bankruptcy is the end of our credit life. But don not despair because I know some people that have been in to bankruptcy but has been able to get up again and rebuild there credit quickly most of them has even been able to buy a new house.
Bankruptcy will show up on your credit report for 10 years. That means that every mortgage lender will certainly see that fact when evaluating your mortgage application.
Although it may be difficult to find a bank to give you a mortgage it's certainly not impossible. Banks want to make money and you may find one that's willing to take the risk.
While bankruptcy can make your mortgage loan approval difficult, it is still possible to get approved. In fact there have been more and more, bad credit loans coming out all the time.
They are called the Subprime lenders; they are focusing more on helping individuals with poor credit in buying home after bankruptcy.
This is happening mostly because bankruptcies are still on the rise and there is an increasing number of people with bad credit who are looking for home financing.
Just to give you a bit of an overview here are some very good reasons to consider after bankruptcy buying home:
Increase your credit rating. When you make your payments on a regular basis, you will be able to develop your credit rating. Once your pre-payment penalty is done, you should be able to refinance your credit loan for a much lesser interest rate.
After your bankruptcy has been for ended 2-3 years, you ought to have a much easier time qualifying for a lesser interest rate mortgage loan.
You will be able to own an asset. If you are just renting a home then you are absolutely throwing your monthly payments away. Why not just buy a home, over time, its value will increase and you are working you way towards owing an asset.
Once you have bought your house, as soon as 6 months or so later, you might be able to take out an equity loan on your home and consolidate any other debt that you might have since your bankruptcy or debt that could not be included in your bankruptcy.
Taxes and student loans will not be discharged in a bankruptcy. You may also want to use the extra cash to invest in a business venture or for needed home improvement.
It is very tempting to buy an new home, new car, do some renovations, etc., after bankruptcy discharge you have no debt left. You will probably feel like you can afford a larger house payment due to the financial experience that you have.
But it is not that easy so here are some factors to consider before committing yourself to a new house payment.
The Pre-payment penalty. This penalty is usually about 6 months worth of house payments. And usually lasts from 2-3years. Once you sign those mortgage papers you absolutely have to make those payments. If you don't have the amount of the pre-payment penalty in savings, you are locked into making the payments or losing the house.
The Two Year Mark. Keep in mind that after 2-3 years from the date of the bankruptcy discharge, mortgage loans will be much easier to get. With a small down payment, you might even be able to get a mortgage loan without a pre-payment penalty.
So, if you are within 6 months or so from the 2 year mark. It would be smart to wait it out and have more mortgage loan options.
Borrowing Too Much. This is the most common mistake that we usually get into. If you do decide to buy a house, buy one that you know you will be able to afford. Don't max yourself out on credit, living right up to the edge of your income.
If your income suddenly drops, you'll want to make sure that you can still afford your house payment. Be conservative with how much home you need to buy.
Most of us always think that bankruptcy is the end of our credit life. But don not despair because I know some people that have been in to bankruptcy but has been able to get up again and rebuild there credit quickly most of them has even been able to buy a new house.
Bankruptcy will show up on your credit report for 10 years. That means that every mortgage lender will certainly see that fact when evaluating your mortgage application.
Although it may be difficult to find a bank to give you a mortgage it's certainly not impossible. Banks want to make money and you may find one that's willing to take the risk.
Japanese Candlestick Trading Explained
Applied to financial markets first by Charles Dow in early 1900, and popularized by Steve Nison in the late 1980's, Japanese candlestick trading is a proven method of forecasting markets.
First invented by Homma Munehisa, a Japanese rice trader, Japanese Candlesticks were designed to give rice traders a simple open, high, low, close view of the markets. Due to the incredible ease and accuracy of monitoring the markets, Japanese traders began studying their usefulness in forecasting future market movements.
Why Use Candlestick patterns
The major benefit of Candlestick signals is that they are very easy to learn and identify. You do not need to learn formulas. You do not have to do extensive fundamental analysis. A Japanese Candlestick reversal signal is a visual identification of a change in investor sentiment. Of the 50 or 60 Candlestick signals, there are 10 major signals that occur at the reversals the majority of the time.
Traders can master Japanese candlestick analysis by focusing on the 10 major signals. A complete understanding of how the signals are formed, and the underlying market forces and psychology can provide traders tremendous predictive powers.
Based on hundreds of years of use within actual markets, the 10 major signals have been proven time an again in real markets. Logically speaking, if the patterns didn't work, Japanese traders wouldn't still be using them today!
Single Stick Candlestick Formations
Each candlestick can tell you much about the forces acting on the market that day. The Japanese quickly began to identify and name these individual patterns:
1. White candlestick - signals uptrend movement (those occur in different lengths; the longer the body, the more significant the price increase)
2. Black candlestick - signals downtrend movement (those occur in different lengths; the longer the body, the more significant the price decrease)
3. Long lower shadow - bullish signal (the lower wick must be at least the body's size; the longer the lower wick, the more reliable the signal)
4. Long upper shadow - bearish signal (the upper wick must be at least the body's size; the longer the upper wick, the more reliable the signal)
5. Hammer - a bullish pattern during a downtrend (long lower wick and small or no body); Shaven head - a bullish pattern during a downtrend & a bearish pattern during an uptrend (no upper wick); Hanging man - bearish pattern during an uptrend (long lower wick, small or no body; wick has the multiple length of the body.
6. Inverted hammer - signals bottom reversal, however confirmation must be obtained from next trade (may be either a white or black body); Shaven bottom - signaling bottom reversal, however confirmation must be obtained from next trade (no lower wick); Shooting star - a bearish pattern during an uptrend (small body, long upper wick, small or no lower wick)
7. Spinning top white - neutral pattern, meaningful in combination with other candlestick patterns
8. Spinning top black - neutral pattern, meaningful in combination with other candlestick patterns
9. Doji - neutral pattern, meaningful in combination with other candlestick patterns
10. Long legged doji - signals a top reversal
11. Dragonfly doji - signals trend reversal (no upper wick, long lower wick)
12. Gravestone doji - signals trend reversal (no lower wick, long upper wick)
13. Marubozu white - dominant bullish trades, continued bullish trend (no upper, no lower wick)
14. Marubozu black - dominant bearish trades, continued bearish trend (no upper, no lower wick)
Exmples of Major, Complex Japanese Candlestick Patterns
Harami - "Pregnant Woman", or "Body Within", the Harami is a 2 candlestick trend reversal formation
Tasuki Gap - "A sash that holds up one's sleeve", that Tasuki gap is a 3 candlestick formation that confirms the continuation of the existing trend.
Engulfing Pattern - A two candlestick reversal pattern in which the second candle, known as the DAKI ("embracing line") engulfs (body is larger and is both higher and lower than the previous candlesticks body) the previous candlestick.
Piercing Pattern - A two candlestick, bullish reversal pattern. The first candle is black, a continuation of the existing trend. The second candle is formed by opening below the low of the previous day. It closes more than midway up the black candle, near or at the high for the day
Dark Cloud Cover - A bearish reversal pattern comprised of two candlesticks. The body of the first candle is white and the body of the second candle is black. The black day opens higher, above the trading range of the previous day. The price closes below the 50% level of the white body.
Star Patterns - A symmetrical, reversal candlestick pattern. The bullish pattern, known as the Morning Star, is a three day signal consists of a long black body, usually one produced of the fear induced at the bottom of a long decline. The following day gaps down. However, the magnitude of the trading range remains small for the day. This produces an indecision type - day. The third day is a white candle day. The white candle represents the fact that the bulls have now stepped in and seized control. The optimal Morning Star signal would have a gap before and after the star day.
First invented by Homma Munehisa, a Japanese rice trader, Japanese Candlesticks were designed to give rice traders a simple open, high, low, close view of the markets. Due to the incredible ease and accuracy of monitoring the markets, Japanese traders began studying their usefulness in forecasting future market movements.
Why Use Candlestick patterns
The major benefit of Candlestick signals is that they are very easy to learn and identify. You do not need to learn formulas. You do not have to do extensive fundamental analysis. A Japanese Candlestick reversal signal is a visual identification of a change in investor sentiment. Of the 50 or 60 Candlestick signals, there are 10 major signals that occur at the reversals the majority of the time.
Traders can master Japanese candlestick analysis by focusing on the 10 major signals. A complete understanding of how the signals are formed, and the underlying market forces and psychology can provide traders tremendous predictive powers.
Based on hundreds of years of use within actual markets, the 10 major signals have been proven time an again in real markets. Logically speaking, if the patterns didn't work, Japanese traders wouldn't still be using them today!
Single Stick Candlestick Formations
Each candlestick can tell you much about the forces acting on the market that day. The Japanese quickly began to identify and name these individual patterns:
1. White candlestick - signals uptrend movement (those occur in different lengths; the longer the body, the more significant the price increase)
2. Black candlestick - signals downtrend movement (those occur in different lengths; the longer the body, the more significant the price decrease)
3. Long lower shadow - bullish signal (the lower wick must be at least the body's size; the longer the lower wick, the more reliable the signal)
4. Long upper shadow - bearish signal (the upper wick must be at least the body's size; the longer the upper wick, the more reliable the signal)
5. Hammer - a bullish pattern during a downtrend (long lower wick and small or no body); Shaven head - a bullish pattern during a downtrend & a bearish pattern during an uptrend (no upper wick); Hanging man - bearish pattern during an uptrend (long lower wick, small or no body; wick has the multiple length of the body.
6. Inverted hammer - signals bottom reversal, however confirmation must be obtained from next trade (may be either a white or black body); Shaven bottom - signaling bottom reversal, however confirmation must be obtained from next trade (no lower wick); Shooting star - a bearish pattern during an uptrend (small body, long upper wick, small or no lower wick)
7. Spinning top white - neutral pattern, meaningful in combination with other candlestick patterns
8. Spinning top black - neutral pattern, meaningful in combination with other candlestick patterns
9. Doji - neutral pattern, meaningful in combination with other candlestick patterns
10. Long legged doji - signals a top reversal
11. Dragonfly doji - signals trend reversal (no upper wick, long lower wick)
12. Gravestone doji - signals trend reversal (no lower wick, long upper wick)
13. Marubozu white - dominant bullish trades, continued bullish trend (no upper, no lower wick)
14. Marubozu black - dominant bearish trades, continued bearish trend (no upper, no lower wick)
Exmples of Major, Complex Japanese Candlestick Patterns
Harami - "Pregnant Woman", or "Body Within", the Harami is a 2 candlestick trend reversal formation
Tasuki Gap - "A sash that holds up one's sleeve", that Tasuki gap is a 3 candlestick formation that confirms the continuation of the existing trend.
Engulfing Pattern - A two candlestick reversal pattern in which the second candle, known as the DAKI ("embracing line") engulfs (body is larger and is both higher and lower than the previous candlesticks body) the previous candlestick.
Piercing Pattern - A two candlestick, bullish reversal pattern. The first candle is black, a continuation of the existing trend. The second candle is formed by opening below the low of the previous day. It closes more than midway up the black candle, near or at the high for the day
Dark Cloud Cover - A bearish reversal pattern comprised of two candlesticks. The body of the first candle is white and the body of the second candle is black. The black day opens higher, above the trading range of the previous day. The price closes below the 50% level of the white body.
Star Patterns - A symmetrical, reversal candlestick pattern. The bullish pattern, known as the Morning Star, is a three day signal consists of a long black body, usually one produced of the fear induced at the bottom of a long decline. The following day gaps down. However, the magnitude of the trading range remains small for the day. This produces an indecision type - day. The third day is a white candle day. The white candle represents the fact that the bulls have now stepped in and seized control. The optimal Morning Star signal would have a gap before and after the star day.
Tuesday, June 26, 2012
Bucket Truck Hydraulic Fluid - Performs and Safe to Use!
Vehicles such as bucket trucks can occasionally experience hydraulic fluid spills. This inevitable occurrence can cause exposure to potential fines from environmental agencies and may require clean-up. In order to prevent such an occurrence while operating bucket trucks, owners and operators need to become educated about hydraulic systems and fluids as well as green alternatives to prevent any disruption in daily operations for that business.
Basic System Information
Hydraulic systems work by applying force at one point and transmitting it to another point using incompressible fluids. These liquids can be a type of oil which is either petroleum or vegetable oil based. During the entire power transmission, there is almost always a force multiplication or division depending on each individual system application.
Facts
Hydraulic fluids are usually either water or mineral oil based and act as a medium by which power is transferred in the equipment's operating method. This liquid has low compressibility which results in a more efficient operation because of its low volatility, foaming tendency, and fast air release. One important function of these liquids is to provide protection to the entire system. In fact, they have important components that protect the system from fire, radiation and friction modifications.
Biodegradable Fluids
As a better environmental choice, many companies use biodegradable hydraulic fluids particularly in environmentally sensitive applications. Unlike their petroleum counterparts, vegetable oil-based versions are helpful in eliminating the risk involved in an oil spill that can result from ruptured lines. There are also other bio-based liquids available although their track record in operation is not very successful. Therefore, the proper choice of which liquid to use must be made, not only for greener purposes but so that it will work well with the type of trucks being used in the business.
Benefits
Following are some of the benefits derived by using biodegradable fluids in bucket trucks:
High Equipment Performance - Using biodegradable liquids in hydraulic systems prevents friction, metal wear, rust or bearing breakdown.
Reliability - Bio-based versions have been tested by different manufacturers of these systems with positive results, demonstrating that this method works efficiently.
Contamination Prevention - Hydraulic fluids hold up well against external chemicals, dirt and water, thereby protecting the equipment's system.
Lower Cost - All bio-based lubricants and liquids are more costly per gallon when compared with conventional petroleum products. Buyers should not look at the initial cost but rather consider the higher fines and clean-up costs if there were a petroleum-based liquid spill. It is also important to think of the effect that petroleum-based liquid has on the environment.
Selection Importance
It is important to be knowledgeable about the composition of the hydraulic fluids that are being used. They must contain the following: oxidation and rust inhibitors; foaming resistance; anti-wear additives; and hydrolytic stability. Furthermore, it is important to use only what is compatible with the hydraulic system's seal materials and hose.
The bucket truck's performance, safety and productivity greatly depend upon the boom's operating systems and the liquid that protects it. The right hydraulic fluid will yield significant benefits to the equipment, operator and company as a whole; it can perform well and be safe to use!
Basic System Information
Hydraulic systems work by applying force at one point and transmitting it to another point using incompressible fluids. These liquids can be a type of oil which is either petroleum or vegetable oil based. During the entire power transmission, there is almost always a force multiplication or division depending on each individual system application.
Facts
Hydraulic fluids are usually either water or mineral oil based and act as a medium by which power is transferred in the equipment's operating method. This liquid has low compressibility which results in a more efficient operation because of its low volatility, foaming tendency, and fast air release. One important function of these liquids is to provide protection to the entire system. In fact, they have important components that protect the system from fire, radiation and friction modifications.
Biodegradable Fluids
As a better environmental choice, many companies use biodegradable hydraulic fluids particularly in environmentally sensitive applications. Unlike their petroleum counterparts, vegetable oil-based versions are helpful in eliminating the risk involved in an oil spill that can result from ruptured lines. There are also other bio-based liquids available although their track record in operation is not very successful. Therefore, the proper choice of which liquid to use must be made, not only for greener purposes but so that it will work well with the type of trucks being used in the business.
Benefits
Following are some of the benefits derived by using biodegradable fluids in bucket trucks:
High Equipment Performance - Using biodegradable liquids in hydraulic systems prevents friction, metal wear, rust or bearing breakdown.
Reliability - Bio-based versions have been tested by different manufacturers of these systems with positive results, demonstrating that this method works efficiently.
Contamination Prevention - Hydraulic fluids hold up well against external chemicals, dirt and water, thereby protecting the equipment's system.
Lower Cost - All bio-based lubricants and liquids are more costly per gallon when compared with conventional petroleum products. Buyers should not look at the initial cost but rather consider the higher fines and clean-up costs if there were a petroleum-based liquid spill. It is also important to think of the effect that petroleum-based liquid has on the environment.
Selection Importance
It is important to be knowledgeable about the composition of the hydraulic fluids that are being used. They must contain the following: oxidation and rust inhibitors; foaming resistance; anti-wear additives; and hydrolytic stability. Furthermore, it is important to use only what is compatible with the hydraulic system's seal materials and hose.
The bucket truck's performance, safety and productivity greatly depend upon the boom's operating systems and the liquid that protects it. The right hydraulic fluid will yield significant benefits to the equipment, operator and company as a whole; it can perform well and be safe to use!
Monday, June 25, 2012
Selecting Magazines For A Dental Office
Dental Assistants are very wise people and this is especially true when they go about their duties in selecting magazines for a dental office that they work in several days a week. They know that the people who come to their office are very apprehensive about seeing a dentist and sometimes need a good diversion to keep their mind occupied while they are waiting to be called into the back.
Many dental patients begin to feel very relaxed when they see magazines that have good articles in them. Dental Assistants know this and when selecting magazines for a dental office, they make calm choices such as Reader's Digest, Fish & Stream, or Time Magazine. These magazines will generally contain informative articles that make people feel that the time they had to wait in the dentist's waiting areas was used to learn something.
Selecting magazines for a dental office might be easy because some dentist's will bring the magazines from home. Of course, they will always darken their home addresses but everyone in the office knows where they came from. The dentist might not realize that he is giving his patient's a preview into his personal life and they now know what his personal preferences are inclined toward by the magazines that he reads.
The dentist in turn, gets to find out a little bit about his patients too. By carefully selecting magazines for a dental office to use, he has established a benchmark to gauge his patient's personal interests. If they choose the magazines on finance over the ones that cover the latest computer programs then he has a good idea on how they would feel about an increase in rates at the end of the quarter.
The dentist will also know whether his patient has any moral values too. Some patients will take some of his magazines home to read without asking and then they will suddenly reappear when the patient returns for their next check-up. While borrowing is not really stealing, there is a value involved and some dentists will bill their patient's for magazines that are removed from their buildings.
When this occurs, the patients are very cautious about selecting magazines for a dental office visit, and some patients, after word has gotten round will choose to totally ignore all of the magazines in the waiting room. Some might feel very tense indeed by the time they reach the back room. The Dental Assistant will probably not have to worry about selecting magazines for a dental office waiting room for quite a while after the billing occurs.
Many dental patients begin to feel very relaxed when they see magazines that have good articles in them. Dental Assistants know this and when selecting magazines for a dental office, they make calm choices such as Reader's Digest, Fish & Stream, or Time Magazine. These magazines will generally contain informative articles that make people feel that the time they had to wait in the dentist's waiting areas was used to learn something.
Selecting magazines for a dental office might be easy because some dentist's will bring the magazines from home. Of course, they will always darken their home addresses but everyone in the office knows where they came from. The dentist might not realize that he is giving his patient's a preview into his personal life and they now know what his personal preferences are inclined toward by the magazines that he reads.
The dentist in turn, gets to find out a little bit about his patients too. By carefully selecting magazines for a dental office to use, he has established a benchmark to gauge his patient's personal interests. If they choose the magazines on finance over the ones that cover the latest computer programs then he has a good idea on how they would feel about an increase in rates at the end of the quarter.
The dentist will also know whether his patient has any moral values too. Some patients will take some of his magazines home to read without asking and then they will suddenly reappear when the patient returns for their next check-up. While borrowing is not really stealing, there is a value involved and some dentists will bill their patient's for magazines that are removed from their buildings.
When this occurs, the patients are very cautious about selecting magazines for a dental office visit, and some patients, after word has gotten round will choose to totally ignore all of the magazines in the waiting room. Some might feel very tense indeed by the time they reach the back room. The Dental Assistant will probably not have to worry about selecting magazines for a dental office waiting room for quite a while after the billing occurs.
Writing A Red-hot Cover Letter
Anything being sent to a decision-maker should sell you, not just state facts. When conducting a job search, your cover letter and resume are in a pile for the decision-maker to review, one by one, along with a vast number of other documents submitted by other hopeful individuals. The odds that YOUR document is the very first ones on the pile are about a zillion to one! This means the decision-maker has probably read X number of cover letters (and resumes) before reaching your set of documents. With that in mind, I never recommend you start the cover letter with the sentence used in so many other letters:
"Pursuant to your recent advertisement in the New York Times for the position of Staff Accountant, I am enclosing my resume for your review."
B-O-R-I-N-G!! Plus, the decision-maker probably just read this same (or very similar) sentence about five dozen times. Remember, you want to GRAB the decision-maker's attention and SELL yourself to them.
Since the cover letter is designed to market you to potential employers, don't state the obvious. If the cover letter does not create a sense of excitement and entice the reader, it is a waste of your time for writing it and a waste of time for the reader reading it.
Keep track of how many times you use the words "I" and/or "my". After you write the letter, take a pen and circle all the I's and my's in the letter: more than five? Time to re-write some of the sentences.
Here's an illustration of how to do that: instead of writing "I am looking for an opportunity for advancement with a new employer. My background is in retail management and I feel well-qualified for the Store Manager position with your company" you can write, "A background in retail management and proven record of obtaining results as a Store Manager are key elements in qualifying me for consideration as part of your team."
Remember the PURPOSE of the cover letter: to highlight your background in the right light, sell your skills, and show the potential employer you are worthy of an interview. Explaining what you WANT throughout the letter doesn't tell the reader the BENEFIT of what you can offer, which is imperative for you to be successful.
One of the techniques I like to use in cover letters is to pull out the top 4 or 5 achievements and mention them in bullet form with the letter. It serves as a wonderful focus point for readers' eyes and draws their attention immediately to your strengths. Here's a brief highlight in what would naturally be a longer cover letter:
...Recognized as a top-performer and dedicated professional, my record of achievements include: Generating a 58% increase in new business during tenure as Regional Advertising Manager Boosting client media coverage 50% and developing partnerships with previously unsecured media contacts
There are many ways to say things but, as you can see, some words have a stronger impact on readers than others. In cover letters, e-resumes, and traditional resumes, you can change the reader's perception in a heartbeat by substituting various words or phrases for more traditional (and outdated) verbiage. See the outline below:
NON-AGGRESSIVE VERBIAGE
Set up entire department from scratch
Worked closely with department heads
Helped produce million in sales
Helped new employees
In-depth knowledge of capital markets and corporate finance
Assisted marketing department in strategies and bids
Reduced expenses by 10%
AGGRESSIVE VERBIAGE
Established department from inception through successful operation
Fostered relationships with department heads
Instrumental in generating million in sales
Aided new employees
Expertise in capital markets and corporate finance
Actively participated in formulating marketing strategies
Slashed (or cut) expenses by 10%
In short, aggressive writing makes you SIZZLE, while passive writing tells your "story." Remember your goal is to effectively market yourself, not to author your employment biography.
"Pursuant to your recent advertisement in the New York Times for the position of Staff Accountant, I am enclosing my resume for your review."
B-O-R-I-N-G!! Plus, the decision-maker probably just read this same (or very similar) sentence about five dozen times. Remember, you want to GRAB the decision-maker's attention and SELL yourself to them.
Since the cover letter is designed to market you to potential employers, don't state the obvious. If the cover letter does not create a sense of excitement and entice the reader, it is a waste of your time for writing it and a waste of time for the reader reading it.
Keep track of how many times you use the words "I" and/or "my". After you write the letter, take a pen and circle all the I's and my's in the letter: more than five? Time to re-write some of the sentences.
Here's an illustration of how to do that: instead of writing "I am looking for an opportunity for advancement with a new employer. My background is in retail management and I feel well-qualified for the Store Manager position with your company" you can write, "A background in retail management and proven record of obtaining results as a Store Manager are key elements in qualifying me for consideration as part of your team."
Remember the PURPOSE of the cover letter: to highlight your background in the right light, sell your skills, and show the potential employer you are worthy of an interview. Explaining what you WANT throughout the letter doesn't tell the reader the BENEFIT of what you can offer, which is imperative for you to be successful.
One of the techniques I like to use in cover letters is to pull out the top 4 or 5 achievements and mention them in bullet form with the letter. It serves as a wonderful focus point for readers' eyes and draws their attention immediately to your strengths. Here's a brief highlight in what would naturally be a longer cover letter:
...Recognized as a top-performer and dedicated professional, my record of achievements include: Generating a 58% increase in new business during tenure as Regional Advertising Manager Boosting client media coverage 50% and developing partnerships with previously unsecured media contacts
There are many ways to say things but, as you can see, some words have a stronger impact on readers than others. In cover letters, e-resumes, and traditional resumes, you can change the reader's perception in a heartbeat by substituting various words or phrases for more traditional (and outdated) verbiage. See the outline below:
NON-AGGRESSIVE VERBIAGE
Set up entire department from scratch
Worked closely with department heads
Helped produce million in sales
Helped new employees
In-depth knowledge of capital markets and corporate finance
Assisted marketing department in strategies and bids
Reduced expenses by 10%
AGGRESSIVE VERBIAGE
Established department from inception through successful operation
Fostered relationships with department heads
Instrumental in generating million in sales
Aided new employees
Expertise in capital markets and corporate finance
Actively participated in formulating marketing strategies
Slashed (or cut) expenses by 10%
In short, aggressive writing makes you SIZZLE, while passive writing tells your "story." Remember your goal is to effectively market yourself, not to author your employment biography.
Sunday, June 24, 2012
Why Now is the Best Time to Collect French Limoges Boxes
Limoges boxes are the symbol of French artistry and elegance at a miniature level. These fine white porcelain boxes with their magnificent hand-painting and metal work have long been sought after by collectors worldwide.
The history of Limoges boxes goes back to the time of Louis XVI, when the king's finance minister, by a Royal edict, appointed the city of Limoges to be the exclusive producer of Royal Porcelain for the Kingdom of France. It is said that the first patron of porcelain boxes was the Marquis of Pompadour who presented his Lady's companions each with a gift of a Limoges box. Such presents were offered as long, narrow boxes to hold the ladies' expensive needles, shapes to hold thimbles or embroidery scissors or round Limoges boxes to hold a ring, powder or snuff. Ladies and gentlemen of that era also used small Limoges boxes to exchange love notes!
Collecting Limoges boxes became the symbol of the highest distinction and fashion when Napoleon's wife, Empress Josephine, showed great interest and began a collection of her own. Soon, Limoges boxes were sought after and collected by royalties all over Europe.
Today, Limoges boxes are made in numerous styles and shapes and are cherished and collected worldwide. Each box can symbolize and celebrate special and memorable times or events of our lives such as Birthdays, New Baby, Christmas and other holidays, Graduation, beloved animals, etc. There is a Limoges box made for any and all occasions or subjects!
Collecting Limoges boxes became even more popular in the 80s and 90s. With that great popularity, many artists in Limoges could not keep up with the demand and had to utilize the help of students and less experienced painters to do some pieces. As a result, some Limoges boxes made in that era are of lesser quality than those painted by the master artists.
One may think that the economic state of our times would have had a negative effect on the quality or availability of these time-honored collectibles. However, happily, the reverse is true. In the past few years, due to the financial hardships experienced worldwide, many of the artists have had to downsize and some have even closed shop. The only ones remaining are those whose work has stood the test of time. As a result, many of the Limoges boxes produced today are of much higher quality and painted by artists whose level of artistry surpasses those of the previous decades.
One great example of such level of superior artistry is the collection offered by Beauchamp Limoges. Beauchamp Limoges produces the highest quality Limoges boxes and commissions the very best and most talented artisans in the Limoges region. The company offers a wide selection of styles of Limoges boxes for every occasion and taste. The Beauchamp Limoges Collection is offered by LimogesBoxCollector.com, its exclusive US distributor and retailer.
Collectors who value quality and excellence can find a very large selection of Limoges boxes in numerous styles at www.LimogesBoxCollector.com offered at the most competitive prices. New and original designs by Beauchamp Limoges are continually added to enhance any collection.
The history of Limoges boxes goes back to the time of Louis XVI, when the king's finance minister, by a Royal edict, appointed the city of Limoges to be the exclusive producer of Royal Porcelain for the Kingdom of France. It is said that the first patron of porcelain boxes was the Marquis of Pompadour who presented his Lady's companions each with a gift of a Limoges box. Such presents were offered as long, narrow boxes to hold the ladies' expensive needles, shapes to hold thimbles or embroidery scissors or round Limoges boxes to hold a ring, powder or snuff. Ladies and gentlemen of that era also used small Limoges boxes to exchange love notes!
Collecting Limoges boxes became the symbol of the highest distinction and fashion when Napoleon's wife, Empress Josephine, showed great interest and began a collection of her own. Soon, Limoges boxes were sought after and collected by royalties all over Europe.
Today, Limoges boxes are made in numerous styles and shapes and are cherished and collected worldwide. Each box can symbolize and celebrate special and memorable times or events of our lives such as Birthdays, New Baby, Christmas and other holidays, Graduation, beloved animals, etc. There is a Limoges box made for any and all occasions or subjects!
Collecting Limoges boxes became even more popular in the 80s and 90s. With that great popularity, many artists in Limoges could not keep up with the demand and had to utilize the help of students and less experienced painters to do some pieces. As a result, some Limoges boxes made in that era are of lesser quality than those painted by the master artists.
One may think that the economic state of our times would have had a negative effect on the quality or availability of these time-honored collectibles. However, happily, the reverse is true. In the past few years, due to the financial hardships experienced worldwide, many of the artists have had to downsize and some have even closed shop. The only ones remaining are those whose work has stood the test of time. As a result, many of the Limoges boxes produced today are of much higher quality and painted by artists whose level of artistry surpasses those of the previous decades.
One great example of such level of superior artistry is the collection offered by Beauchamp Limoges. Beauchamp Limoges produces the highest quality Limoges boxes and commissions the very best and most talented artisans in the Limoges region. The company offers a wide selection of styles of Limoges boxes for every occasion and taste. The Beauchamp Limoges Collection is offered by LimogesBoxCollector.com, its exclusive US distributor and retailer.
Collectors who value quality and excellence can find a very large selection of Limoges boxes in numerous styles at www.LimogesBoxCollector.com offered at the most competitive prices. New and original designs by Beauchamp Limoges are continually added to enhance any collection.
Saturday, June 23, 2012
How Money Laundering Is Being Stopped By AML Compliance
Money laundering is a serious offense. Just how law enforcement is better able to combat money laundering is through the assistance of banks and financial institutions. Keeping track of certain monetary transactions is the responsibility of these financial institutions under the current laws. Those who are required to follow these laws will need to have an Anti-Money Laundering or AML Compliance Program in place to ensure the record keeping requirements are done appropriately.
The image developed by the term money laundering is pretty straightforward. It is the process of turning "dirty money" into "clean money". Dirty money is obtained from criminal activity like drug trafficking, terrorist activities or other crimes. Furthering this criminal activity, dirty money is incorporated into the legal financial system. Three steps are needed with basic money washing. Legal banking institutions first obtain this illegal money confidentially. Placement is the term for this procedure. Shifting the money around is the second step, where difficult to trace wire transfers move the money from place to place. This step is called layering. The third and final step is moving the money through the various banks until it is what they refer to as clean. This last part is known as integration.
Although it is impossible to figure out exactly how much of the global economy is involved in money laundering, some organizations have estimated that it is somewhere between two to five percent. Likely somewhere in the billions is the amount of US money that could be a part of this laundering. With this substantial threat to legitimate monetary transactions, governments have sought to criminalize money laundering and to discover it so that those responsible can be charged.
The Bank Secrecy Act or the BSA was put into law by Congress in 1970 in order to combat this illegal activity. The BSA set up certain specifications for recording keeping of money and the reporting of certain transactions by banks, financial institutions as well as private individuals like brokers. Under the Bank Secrecy Act, those subject to the law are required to report cash transactions which are over ,000 though a Currency Transaction Report and to keep a paper trail of such financial transactions. Anyone participating in such large transactions must also be identified by the banking institutions.
The Financial Industry Regulatory Authority or FINRA, in order to put into action such requirements has established a specific guideline that all banks and financial institutions create what is called an ALM compliance program. FINRA Rule 3310 requires that member institutions establish a compliance program that can detect and report the transactions required under the Bank Secrecy Act, that has sufficient internal procedures and controls to ensure compliance, to provide compliance testing on an annual basis by an outside third party, to designate and identify to FINRA the people who are responsible for the compliance program, and to provide the appropriate employees with ongoing training to ensure compliance.
Besides being required by law, those subject to the Bank Secrecy Act must abide by or their professional reputation would be in jeopardy. AML compliance can seem daunting at first but there are a number of resources available to help those that need to comply to implement programs that are sufficient under applicable laws and regulations. Talking to a professional who can determine whether or not your required to comply to such laws will be a great help and the expert is also able to help set up such compliance applications on your behalf.
The image developed by the term money laundering is pretty straightforward. It is the process of turning "dirty money" into "clean money". Dirty money is obtained from criminal activity like drug trafficking, terrorist activities or other crimes. Furthering this criminal activity, dirty money is incorporated into the legal financial system. Three steps are needed with basic money washing. Legal banking institutions first obtain this illegal money confidentially. Placement is the term for this procedure. Shifting the money around is the second step, where difficult to trace wire transfers move the money from place to place. This step is called layering. The third and final step is moving the money through the various banks until it is what they refer to as clean. This last part is known as integration.
Although it is impossible to figure out exactly how much of the global economy is involved in money laundering, some organizations have estimated that it is somewhere between two to five percent. Likely somewhere in the billions is the amount of US money that could be a part of this laundering. With this substantial threat to legitimate monetary transactions, governments have sought to criminalize money laundering and to discover it so that those responsible can be charged.
The Bank Secrecy Act or the BSA was put into law by Congress in 1970 in order to combat this illegal activity. The BSA set up certain specifications for recording keeping of money and the reporting of certain transactions by banks, financial institutions as well as private individuals like brokers. Under the Bank Secrecy Act, those subject to the law are required to report cash transactions which are over ,000 though a Currency Transaction Report and to keep a paper trail of such financial transactions. Anyone participating in such large transactions must also be identified by the banking institutions.
The Financial Industry Regulatory Authority or FINRA, in order to put into action such requirements has established a specific guideline that all banks and financial institutions create what is called an ALM compliance program. FINRA Rule 3310 requires that member institutions establish a compliance program that can detect and report the transactions required under the Bank Secrecy Act, that has sufficient internal procedures and controls to ensure compliance, to provide compliance testing on an annual basis by an outside third party, to designate and identify to FINRA the people who are responsible for the compliance program, and to provide the appropriate employees with ongoing training to ensure compliance.
Besides being required by law, those subject to the Bank Secrecy Act must abide by or their professional reputation would be in jeopardy. AML compliance can seem daunting at first but there are a number of resources available to help those that need to comply to implement programs that are sufficient under applicable laws and regulations. Talking to a professional who can determine whether or not your required to comply to such laws will be a great help and the expert is also able to help set up such compliance applications on your behalf.
Friday, June 22, 2012
Aspects Involved In Real Estate Contracts
Real estate sales involve a contract, in which the cost of the property and the conditions wherein the transaction is made are drawn. A real estate contract is a means for sealing the agreement between the property seller and buyer. When you hear of a property being under a contract, it means that the seller has signed the contract and that the document has been sent to the buying party.
Real estate agreements involve contingencies, which protect the buyer in the event that he or she finds out that purchasing the property was a mistake. Contracts should include a section on contingencies, which may include rendering the seller liable for structural defects on the property. The buyer may render the contract void in case problems with the property are discovered days after signing the contract.
Real estate sale should start with a contract offer. When a contract offer is made, property assessment should follow and parties should agree on a sale price. The sale price will be used in calculating the final loan amount and down payment. If the resulting sale price is lower than the amount stated on the contract, the loan should be modified. In some cases, the seller may cancel the contract and walk away.
Look at it this way. If a property is sold at 0,000 with 10% down payment, the amount of the loan would be 5,000 and ,000 down payment. If the property becomes appraised at an amount lower than 0,000, the resulting sale price will be negotiated again. If the negotiations go smoothly, the buyer can obtain the property at the lower amount. But, if the seller does not approve of the change in sale price, he or she may refuse selling the property.
A contract offer should involve a binder fee. A buyer produces the binder fee or earnest money to show that he or she is serious in obtaining the property. The amount of the binder fee depends on the offering price.
A real estate contract is first created by a real estate lawyer, and then approved by the local and national real estate board. This contract contains sections that state the rights and duties of both the seller and buyer. What the contract should contain varies among states, but there are pieces of information that should be seen in all real estate contracts. The names of the seller and buyer and the detailed description of the property being sold are essential pieces of information that should be seen on the contract. The sale price should be indicated, as well as the binder fee or earnest money amount. The closing date should be stated. Of course, for that contract to be valid, it should bear the signatures of the seller and buyer.
Buying a property may or may not involve a real estate agent. You can always find properties for sale on the newspapers or on the internet. If you have already contacted the owner and the both of you are willing to make arrangements, you can phone a real estate lawyer to facilitate in the transaction. Your lawyer can create the contract, or they can read the prepared contract to see whether your rights are being followed.
Real estate agreements involve contingencies, which protect the buyer in the event that he or she finds out that purchasing the property was a mistake. Contracts should include a section on contingencies, which may include rendering the seller liable for structural defects on the property. The buyer may render the contract void in case problems with the property are discovered days after signing the contract.
Real estate sale should start with a contract offer. When a contract offer is made, property assessment should follow and parties should agree on a sale price. The sale price will be used in calculating the final loan amount and down payment. If the resulting sale price is lower than the amount stated on the contract, the loan should be modified. In some cases, the seller may cancel the contract and walk away.
Look at it this way. If a property is sold at 0,000 with 10% down payment, the amount of the loan would be 5,000 and ,000 down payment. If the property becomes appraised at an amount lower than 0,000, the resulting sale price will be negotiated again. If the negotiations go smoothly, the buyer can obtain the property at the lower amount. But, if the seller does not approve of the change in sale price, he or she may refuse selling the property.
A contract offer should involve a binder fee. A buyer produces the binder fee or earnest money to show that he or she is serious in obtaining the property. The amount of the binder fee depends on the offering price.
A real estate contract is first created by a real estate lawyer, and then approved by the local and national real estate board. This contract contains sections that state the rights and duties of both the seller and buyer. What the contract should contain varies among states, but there are pieces of information that should be seen in all real estate contracts. The names of the seller and buyer and the detailed description of the property being sold are essential pieces of information that should be seen on the contract. The sale price should be indicated, as well as the binder fee or earnest money amount. The closing date should be stated. Of course, for that contract to be valid, it should bear the signatures of the seller and buyer.
Buying a property may or may not involve a real estate agent. You can always find properties for sale on the newspapers or on the internet. If you have already contacted the owner and the both of you are willing to make arrangements, you can phone a real estate lawyer to facilitate in the transaction. Your lawyer can create the contract, or they can read the prepared contract to see whether your rights are being followed.
Monday, June 18, 2012
Ways To Promote Yourself As A Realtor
There are many ways that to go about selling your real estate business. The following are the top five ways that I've found to be essential to my marketing campaign. Take the time to make a campaign that features elements from each of these proven methods.
Print advertising
Marketing is visual. Individuals believe what they can see with their own eyes. Take some time to create a strong print advertising campaign. Print advertising materials embody flyers for listings, just-listed cards, business cards, letterhead and more. If you are not the artistic type, then it would possibly be worthwhile to hire a local advertising company to make materials for you. There are even native companies that can manage your print advertising campaigns for you, and mail out the media at intervals that you determine. Set it up once, and you're done!
Social networking
Your friends are your warm market. I have read books that say that by the time you are 30 years old, you already know thousands of people. If you haven't got into the social networking game already, it would behoove you to try to to so. Start a Facebook, LinkedIn, and Twitter account immediately and start building your social networking presence. Build a strong profile and start adding friends, and you'll be amazed at how quickly you'll be able to build a database of potential clients. People like to work out what alternative people they know do, and this is a great approach to promote yourself and show individuals what you have occurring in your life and your business.
Net marketing
Studies have shown that folks are using the web to go looking for real estate now more than ever. National real estate firms promising the most recent and greatest ways that to find homes are popping up left and right. Get your piece of the internet-marketing pie today! Produce a web site and showcase your skills and areas you work. This will greatly improve your company's credibility and add as a powerful means to promoting yourself.
Organizations
Be part of an organization! Get to know people. If you are in the real estate business, you are in the people business! Think about your hobbies and what you get pleasure from doing, and find a local organization or charity to join. This is a great approach to meet new folks and build a database of clients.
Referrals
Referrals are a must for any successful real estate business. Take the time to market yourself to your current clients by asking for referrals as often as you can. It's much easier to earn a new client's business when you have been referred to them by someone they trust. Treat your referrals with the best of regards, and if you earn their business, you will additionally earn their referrals.
Take the time to create a marketing set up that includes Print Advertising, Social networking, internet marketing, organizations and referrals. Master the effective use of these 5 ways and watch your business grow!
Print advertising
Marketing is visual. Individuals believe what they can see with their own eyes. Take some time to create a strong print advertising campaign. Print advertising materials embody flyers for listings, just-listed cards, business cards, letterhead and more. If you are not the artistic type, then it would possibly be worthwhile to hire a local advertising company to make materials for you. There are even native companies that can manage your print advertising campaigns for you, and mail out the media at intervals that you determine. Set it up once, and you're done!
Social networking
Your friends are your warm market. I have read books that say that by the time you are 30 years old, you already know thousands of people. If you haven't got into the social networking game already, it would behoove you to try to to so. Start a Facebook, LinkedIn, and Twitter account immediately and start building your social networking presence. Build a strong profile and start adding friends, and you'll be amazed at how quickly you'll be able to build a database of potential clients. People like to work out what alternative people they know do, and this is a great approach to promote yourself and show individuals what you have occurring in your life and your business.
Net marketing
Studies have shown that folks are using the web to go looking for real estate now more than ever. National real estate firms promising the most recent and greatest ways that to find homes are popping up left and right. Get your piece of the internet-marketing pie today! Produce a web site and showcase your skills and areas you work. This will greatly improve your company's credibility and add as a powerful means to promoting yourself.
Organizations
Be part of an organization! Get to know people. If you are in the real estate business, you are in the people business! Think about your hobbies and what you get pleasure from doing, and find a local organization or charity to join. This is a great approach to meet new folks and build a database of clients.
Referrals
Referrals are a must for any successful real estate business. Take the time to market yourself to your current clients by asking for referrals as often as you can. It's much easier to earn a new client's business when you have been referred to them by someone they trust. Treat your referrals with the best of regards, and if you earn their business, you will additionally earn their referrals.
Take the time to create a marketing set up that includes Print Advertising, Social networking, internet marketing, organizations and referrals. Master the effective use of these 5 ways and watch your business grow!
Sunday, June 17, 2012
Get Married On A Cash Advance
So you're in love. You've already proposed that was charming. And yet, what's holding you off? You've not even set a wedding date yet! In a world that's wedding-struck and wedding-obsessed, a lot of people choose not to go through with the ceremony because of cash shortage. That's a shame. For many couples, the ritual actually is still quite meaningful. So, if it's just money that's holding you back, a secret wedding on cash advance might be your most romantic get-married-today option yet!
Secret Wedding: A Practical and Romantic Option
Most people have heard of secret marriages but a secret wedding? Believe it or not, though, a secret wedding is far more possible than a secret marriage. You see, the term 'secret marriage' is a misnomer. Marriages are never secrets because your marriage certificate is a public document. Only the 15-minute ceremony can be a secret hence the term, 'secret wedding'. So, in light of your deepest, most passionate desire to wed the woman of your dreams, why is a secret wedding a practical and romantic option?
1. It's doable with a cash advance and that's probably the clincher here. A secret wedding, being a quickie arrangement and so hush-hush at that, is also easy on the pocket. Much of today's wedding costs go to receptions to feed a bunch of people neither of you actually credit for the success of the relationship. Take all the hype, all the drama about finding the right caterer and you will find you can actually have a memorable wedding day with a couple of close friends as sponsors and not spend a dime more than a one-time payday advance
2. It has the you-and-me-against-the-world kind of thrill. The fact of it being a secret from people you intimately know except the handful you choose to help you with the planning gives you both a rush. The two of you might even feel like star-crossed lovers fighting for a love no one in the world believes in. Thinking Shakespeare? Let's hope your cash advance-financed secret wedding does not end in tragedy. That is definitely not romantic and is a huge waste of cash, at that!
3. It's trial by fire. Like gold tested by fire and made pure, your love goes through a trial by fire during the planning stages of your secret wedding. Payday loans in Ontario may be a common thing, but there's definitely no guarantee for approval. So, if you do get approved for a cash advance, consider that a leap towards making your romantic big day a reality. Keeping the plans a secret is another test. Especially for the bride to be, the excitement is almost too impossible to keep. As the day approaches, the bride will most likely be tempted to spill her guts. But tell her to hold it. If she tells, you'll have to invite the tribe to your wedding. Your meager cash advance budget won't be enough then.
See, getting married on a budget is not without its appeal. It's just a matter of perspective and making it into something you and your loved one could cherish for a lifetime. It's definitely possible with a cash advance.
Money Loans Company - Payday Loans
20 Eglinton Ave. East
Toronto, Ontario, Canada
M4P 1A9
Secret Wedding: A Practical and Romantic Option
Most people have heard of secret marriages but a secret wedding? Believe it or not, though, a secret wedding is far more possible than a secret marriage. You see, the term 'secret marriage' is a misnomer. Marriages are never secrets because your marriage certificate is a public document. Only the 15-minute ceremony can be a secret hence the term, 'secret wedding'. So, in light of your deepest, most passionate desire to wed the woman of your dreams, why is a secret wedding a practical and romantic option?
1. It's doable with a cash advance and that's probably the clincher here. A secret wedding, being a quickie arrangement and so hush-hush at that, is also easy on the pocket. Much of today's wedding costs go to receptions to feed a bunch of people neither of you actually credit for the success of the relationship. Take all the hype, all the drama about finding the right caterer and you will find you can actually have a memorable wedding day with a couple of close friends as sponsors and not spend a dime more than a one-time payday advance
2. It has the you-and-me-against-the-world kind of thrill. The fact of it being a secret from people you intimately know except the handful you choose to help you with the planning gives you both a rush. The two of you might even feel like star-crossed lovers fighting for a love no one in the world believes in. Thinking Shakespeare? Let's hope your cash advance-financed secret wedding does not end in tragedy. That is definitely not romantic and is a huge waste of cash, at that!
3. It's trial by fire. Like gold tested by fire and made pure, your love goes through a trial by fire during the planning stages of your secret wedding. Payday loans in Ontario may be a common thing, but there's definitely no guarantee for approval. So, if you do get approved for a cash advance, consider that a leap towards making your romantic big day a reality. Keeping the plans a secret is another test. Especially for the bride to be, the excitement is almost too impossible to keep. As the day approaches, the bride will most likely be tempted to spill her guts. But tell her to hold it. If she tells, you'll have to invite the tribe to your wedding. Your meager cash advance budget won't be enough then.
See, getting married on a budget is not without its appeal. It's just a matter of perspective and making it into something you and your loved one could cherish for a lifetime. It's definitely possible with a cash advance.
Money Loans Company - Payday Loans
20 Eglinton Ave. East
Toronto, Ontario, Canada
M4P 1A9
Boat Loans: The Most Convenient Way To Become A Boat Owner
Buying a boat appeals to different people for different reasons. The blue waters of deep seas, rivers and lakes fascinate many of us. We like fishing, sailing, cruising or even living on the high seas. All this is not feasible without a boat. Although, considered as a luxury and beyond the financial reach of a large section of our population, we still dream of owning a boat. A boat loan in UK makes the whole idea of owning a boat look much more affordable. The capital required to purchase a boat might vary according to specifications of size, purpose and facilities on board. The lending market today is swarming with offers that meet the borrowers requirements for any type of boat.
Boat Loans in UK can be of two types - Secured and Unsecured. Secured boat loans require a collateral. The collateral can be the borrower's home or the boat itself. In the case of an unsecured boat loan the lenders give the boat loan without a collateral. Unsecured boat loan, though it comes with a relatively higher rate of interest, frees the borrower from the risk of collateral repossession and is also available to tenants.
The most important fact to be considered while taking any boat loan is the interest rate it carries. The Annual Percentage Rate (APR) on any boat loan will depend on many factors. The credit history of a borrower, the value of collateral, the requested loan amount, the value of the boat and the length of the repayment period, affect the APR on the boat loan. The typical APR's on boat loans vary from 7.5 % to 16% depending upon the borrower's financial condition and repayment history. The amount, which a borrower can get on a boat loan, also depends on the factors given above. Taking into account the repayment capacity, value of the collateral and credit history of the borrower, it can start from ?10000, and can go up to ? 10, 000, 000.
When a borrower decides on the amount of his boat loan, he should take into account the service contracts for the boat and its insurance costs. The borrower should also take care that the boat loan includes the cost of the essential accessories. The huge amount involved in purchasing these services and equipments will be difficult to manage after a boat loan is taken and without these the borrower might not be able to use and enjoy his boat fully.
When a borrower starts looking for a boat loan, he is overwhelmed with numerous offers. The situation is quite confusing and the unaware borrower is likely to get carried away by glitzy marketing campaigns. A discerned borrower however, will take an informed decision by shopping around for a lender with the right offer. A boat loan with low interest rates, minimum documentation and low fees will be an ideal choice for most of the borrowers. An online lender is most likely to satisfy the condition of the best loans offers within the shortest possible time periods. After deciding on the right lender, the formal process of applying for the loan begins. Most of the prestigious lenders offer online application facilities. Filling up of an online application is the fastest and most convenient way of applying for a boat loan in UK. Care should be taken that every detail asked by the lender is provided and the information is correct to the best of the borrower's knowledge.
A well-planned and carefully chosen boat loan will provide the borrower with all the fascinating pleasures and riches of boating.
Boat Loans in UK can be of two types - Secured and Unsecured. Secured boat loans require a collateral. The collateral can be the borrower's home or the boat itself. In the case of an unsecured boat loan the lenders give the boat loan without a collateral. Unsecured boat loan, though it comes with a relatively higher rate of interest, frees the borrower from the risk of collateral repossession and is also available to tenants.
The most important fact to be considered while taking any boat loan is the interest rate it carries. The Annual Percentage Rate (APR) on any boat loan will depend on many factors. The credit history of a borrower, the value of collateral, the requested loan amount, the value of the boat and the length of the repayment period, affect the APR on the boat loan. The typical APR's on boat loans vary from 7.5 % to 16% depending upon the borrower's financial condition and repayment history. The amount, which a borrower can get on a boat loan, also depends on the factors given above. Taking into account the repayment capacity, value of the collateral and credit history of the borrower, it can start from ?10000, and can go up to ? 10, 000, 000.
When a borrower decides on the amount of his boat loan, he should take into account the service contracts for the boat and its insurance costs. The borrower should also take care that the boat loan includes the cost of the essential accessories. The huge amount involved in purchasing these services and equipments will be difficult to manage after a boat loan is taken and without these the borrower might not be able to use and enjoy his boat fully.
When a borrower starts looking for a boat loan, he is overwhelmed with numerous offers. The situation is quite confusing and the unaware borrower is likely to get carried away by glitzy marketing campaigns. A discerned borrower however, will take an informed decision by shopping around for a lender with the right offer. A boat loan with low interest rates, minimum documentation and low fees will be an ideal choice for most of the borrowers. An online lender is most likely to satisfy the condition of the best loans offers within the shortest possible time periods. After deciding on the right lender, the formal process of applying for the loan begins. Most of the prestigious lenders offer online application facilities. Filling up of an online application is the fastest and most convenient way of applying for a boat loan in UK. Care should be taken that every detail asked by the lender is provided and the information is correct to the best of the borrower's knowledge.
A well-planned and carefully chosen boat loan will provide the borrower with all the fascinating pleasures and riches of boating.
Saturday, June 9, 2012
Business Loans And Interest Rates: Understanding The Basics
Although financial experts have declared an official end to the recession; the economy is far from out of the woods and as a result; banks are continuing to restrain their loan lending, tighten their requirements and reject a large proportion of loan applications particularly from the small and medium businesses.
As the economy continues to remain trapped in financial struggle; the small and medium business owner is viewed as far too much of a financial risk and as a result, obtaining the ideal and much needed commercial finance lending can be viewed as far too difficult but is all hope actually lost?
Business loans have always been difficult to obtain however, in today's economy the independent lender and in particular the commercial mortgage broker has shone through to provide the ideal business lending whatever the situation may be.
A commercial mortgage is deemed the most popular form of business lending and can help a new or existing company to procure the ideal commercial property. As a long term financial agreement; a commercial mortgage can last for up to twenty five years and is made available at a fixed rate to enable steady cash flow issues. By providing sufficient personal and business income details, business financial agreements, projections and cash flow documentation a specialist broker will determine your loan credibility and whether such a long term agreement is the best option. If agreed, a commercial mortgage can be the ideal form of business finance, enabling the success of business and what's more is that, as a form of long term finance interest rates are often relatively low.
For those businesses in need of urgent financial aid whether to assist with a debt issue, cash flow problems or perhaps even to secure a deal or the purchase of a new property; a bridging loan is considered the ideal, short term solution.
As a form of short term lending, a bridging loan can often be secured within a matter of days, exact amounts that can be borrowed under such terms will of course be dependent upon lenders. As a short term agreement, often borrowed between one to twelve months; a bridging loan is considered as high risk and thus the application will be an intense procedure and equity to secure the loan will be required. As such a short term, risky loan the interest rates of a bridging loan will be undoubtedly high.
Despite the continuing loan rejection amongst banks; the commercial mortgage broker is able to assist, whether you have been previously rejected or not, in finding the right business loan for you. As an independent company; brokers are not driven by the hard commission based structure of banks but in fact effectively work for the benefit of a business meaning that, long term success will always be taking into account when determining financial solutions.
The commercial mortgage and bridging loan are just two examples of business finance however, bear in mind that whichever option you select for your business; interest rates will vary depending on the borrowed sum and agreement length. Ensure to discuss all available options and interest rates before you agree to anything or you could find yourself facing risky, fluctuating payments.
As the economy continues to remain trapped in financial struggle; the small and medium business owner is viewed as far too much of a financial risk and as a result, obtaining the ideal and much needed commercial finance lending can be viewed as far too difficult but is all hope actually lost?
Business loans have always been difficult to obtain however, in today's economy the independent lender and in particular the commercial mortgage broker has shone through to provide the ideal business lending whatever the situation may be.
A commercial mortgage is deemed the most popular form of business lending and can help a new or existing company to procure the ideal commercial property. As a long term financial agreement; a commercial mortgage can last for up to twenty five years and is made available at a fixed rate to enable steady cash flow issues. By providing sufficient personal and business income details, business financial agreements, projections and cash flow documentation a specialist broker will determine your loan credibility and whether such a long term agreement is the best option. If agreed, a commercial mortgage can be the ideal form of business finance, enabling the success of business and what's more is that, as a form of long term finance interest rates are often relatively low.
For those businesses in need of urgent financial aid whether to assist with a debt issue, cash flow problems or perhaps even to secure a deal or the purchase of a new property; a bridging loan is considered the ideal, short term solution.
As a form of short term lending, a bridging loan can often be secured within a matter of days, exact amounts that can be borrowed under such terms will of course be dependent upon lenders. As a short term agreement, often borrowed between one to twelve months; a bridging loan is considered as high risk and thus the application will be an intense procedure and equity to secure the loan will be required. As such a short term, risky loan the interest rates of a bridging loan will be undoubtedly high.
Despite the continuing loan rejection amongst banks; the commercial mortgage broker is able to assist, whether you have been previously rejected or not, in finding the right business loan for you. As an independent company; brokers are not driven by the hard commission based structure of banks but in fact effectively work for the benefit of a business meaning that, long term success will always be taking into account when determining financial solutions.
The commercial mortgage and bridging loan are just two examples of business finance however, bear in mind that whichever option you select for your business; interest rates will vary depending on the borrowed sum and agreement length. Ensure to discuss all available options and interest rates before you agree to anything or you could find yourself facing risky, fluctuating payments.
Wednesday, June 6, 2012
Cash In A Flash With Free Payday Loans
Experiencing insufficient funds due to emergencies? Need money to cover several bills that pile up? Are you running out of fast cash to pay for your car repair? Do you need to send your child to the hospital but don't have the ready money? Free payday loans will take away all your worries as it give you cash in a flash.
Free payday loans are your immediate answer to unexpected financial requirement. Easy and practical, you can avail of the loan by simply submitting your application online. In almost an instant, the application can get approved and the next day, you have the money in your hand.
The only requirements needed are your age- you have to be at least 18 years old, and your job- you must have a steady income. For expedient processing, you need to enable the direct deposit feature of your bank account.
If you are concerned about applying online, put your apprehension to rest. Free payday loans lenders have ensured that all information transmitted over the internet is safe and secure. No one will be able to access the information except for the designated recipient, your lending institution for this matter.
Charging rates for free payday loans vary. They can go as low as or as high as per 0 dollar on loan. Although, these rates are higher than the usual rates charged by banking and other financial institutions, free payday loans are more convenient and do not require any form of guarantee and additional documentation that banks and other financial institutions do.
You can also find free offers that go with the loan. Most of the lenders will give their new customers free interest charge for their initial loan as long as they do not default on their loan. There are also freebies for their existing customers like the ability to avail higher loan amount as long as long as the payday can accommodate the amount.
Free payday loans give you many advantages. Aside from the urgency and convenience you enjoy, loans of this kind are easier to manage and repay. You don't have to go through all those credit checks and investigations as well as having to submit huge documentations. The loans never hurt especially when you pay them on time.
These loans are best for short-term financial needs. There are no limitations for the usage of funds obtained from the loan. You will also have to repay the loans within two weeks or one-cut-off. Remember, though, to use it for the right purpose. If you use it for the right purposes and settle your loan immediately on your payday, you earn from its benefits. Imagine the time you might have spent and the anxiety of paying additional charges plus the probability of losing your guarantees for long-term credit.
As with any other kind of loans, nothing beats than having the discipline of getting just the right amount that you need and paying them back on time.
Free payday loans are your immediate answer to unexpected financial requirement. Easy and practical, you can avail of the loan by simply submitting your application online. In almost an instant, the application can get approved and the next day, you have the money in your hand.
The only requirements needed are your age- you have to be at least 18 years old, and your job- you must have a steady income. For expedient processing, you need to enable the direct deposit feature of your bank account.
If you are concerned about applying online, put your apprehension to rest. Free payday loans lenders have ensured that all information transmitted over the internet is safe and secure. No one will be able to access the information except for the designated recipient, your lending institution for this matter.
Charging rates for free payday loans vary. They can go as low as or as high as per 0 dollar on loan. Although, these rates are higher than the usual rates charged by banking and other financial institutions, free payday loans are more convenient and do not require any form of guarantee and additional documentation that banks and other financial institutions do.
You can also find free offers that go with the loan. Most of the lenders will give their new customers free interest charge for their initial loan as long as they do not default on their loan. There are also freebies for their existing customers like the ability to avail higher loan amount as long as long as the payday can accommodate the amount.
Free payday loans give you many advantages. Aside from the urgency and convenience you enjoy, loans of this kind are easier to manage and repay. You don't have to go through all those credit checks and investigations as well as having to submit huge documentations. The loans never hurt especially when you pay them on time.
These loans are best for short-term financial needs. There are no limitations for the usage of funds obtained from the loan. You will also have to repay the loans within two weeks or one-cut-off. Remember, though, to use it for the right purpose. If you use it for the right purposes and settle your loan immediately on your payday, you earn from its benefits. Imagine the time you might have spent and the anxiety of paying additional charges plus the probability of losing your guarantees for long-term credit.
As with any other kind of loans, nothing beats than having the discipline of getting just the right amount that you need and paying them back on time.
Tuesday, June 5, 2012
Easy Methods To Reduce Your Financial Outlay Relating To Automobile Finance This Season
Obtaining an auto loan when you're an undergraduate is a fantastic technique to obtain a car or truck and show credit ranking for future years. Step one shall be to decide what sort of car / truck that you want to be acquiring. Want a brand new, or secondhand car / truck. Once you have established which kind of vehicle have to have, the next matter you'll have to contemplate is what kind of expenditures you can afford. In addition how much should these payments end up being? Insurance might be more substantial for college students based upon what their ages are.
After you might have these things in position, you are all set to sign up for the car or truck loan. Once looking for just about any funding ensure you browse through the entire lender's terms and then make certain you entirely comprehend every item you're putting their signature to. Based on your credit standing, or dearth thereof a cosigner may well be needed, so you may well want to have 1 in your mind just in case it's required. Should you find this method daunting you may want to take a member of the family to help. Financing terms fluctuate so be certain that the monthly payment and duration of installments will be something you might be happy to endure. You may well desire to research rates to uncover the most effective lending product suitable for you. The 1st loan you might be shown isn't always the most effective. For any high school students that are now hoping to get a car, it is really a very good period to begin looking into car and truck loans. For instructional transportation your vehicle is a need to have for every individual. You have to get yourself both to and from class each day. Your vehicle is really a fantastic option for you. The principal issue for most university students is producing the funds to cover an auto. In spite of changes in the overall economy it really is not quite as difficult as you might think. Companies and local banks exist and prepared to supply you with an automobile loan. Considering the chore of going to class every week, it may possibly be challenging for college students to retain a full-time 9 to 5. There's much more than one benefit to getting an undergraduate automobile loan. The financial loan will likewise aid to build or improve a person's credit worthiness. Every time you pay on your loan it contributes greatly to enhance your credit scores. One good aspect related to any such financing, which can be extremely helpful to people, is they do not have to have seriously costly monthly payments whenever trying to pay back the loan.
Financial institutions offer safeguarded auto loans that enable them to not ever end up with a dilemma financing money to university students who have poor credit or even little credit rating. The car procured by the college student is applied as a guarantee for the remaining amount owed on the amount financed. When bills are not coughed up, the finance company is going to repossess the car or truck and flip it and get their money back.
Periodically we might find our life in a predicament whereby we're in desperate demand for a vehicle. There are plenty of finance companies that proclaim that they will grant a line of credit to folks it doesn't matter how bad his or her credit standing has become. While at first glance, it sounds as if they are being magnanimous and trying to help out those who are in a bind, this may not be always the way it is.
Automobile dealers who guarantee financing must be staved off. Of course they will likely deliver all people financing, and yet the apr is often inflated.
Today even more than in the past consumers tend to be conscious of any dollar they expend. Considering the age of the online world comparison shopping is simpler than previously, but it's furthermore more challenging than in the past. Less-than-perfect credit can easily exclude you from many points from an automobile or property finance loan, or even just a bank checking account. There's lots of very bad credit automobile loan companies that provide finance for men or women with blemishes and flaws in his or her history of credit. The discrepancy relating to financier guidelines could really be the tipping point of a low price. Do not let the cheapest finance offer you are given be your first arrangement. It's best to look around and evaluate car loans interest rates, as financing is often step 1 to repairing a few of the problems on a person's history of credit in addition to getting back on the path to a favorable credit record. Watch for a borrowing arrangement with a more affordable annual percentage rate. A good number of loan creditors will deny a customer who has an adverse credit history. If the individual is able to exhibit improvement on their own credit worthiness loan companies could be more likely to help them to slash car finance interest rates and offer a long term line of credit. Be sure that the car loan works for you by paying it off and reversing your credit impairment.
Don't forget that the least difficult means to get monetary savings is to research rates. Check around and search and evaluate car loan interest rates.
After you might have these things in position, you are all set to sign up for the car or truck loan. Once looking for just about any funding ensure you browse through the entire lender's terms and then make certain you entirely comprehend every item you're putting their signature to. Based on your credit standing, or dearth thereof a cosigner may well be needed, so you may well want to have 1 in your mind just in case it's required. Should you find this method daunting you may want to take a member of the family to help. Financing terms fluctuate so be certain that the monthly payment and duration of installments will be something you might be happy to endure. You may well desire to research rates to uncover the most effective lending product suitable for you. The 1st loan you might be shown isn't always the most effective. For any high school students that are now hoping to get a car, it is really a very good period to begin looking into car and truck loans. For instructional transportation your vehicle is a need to have for every individual. You have to get yourself both to and from class each day. Your vehicle is really a fantastic option for you. The principal issue for most university students is producing the funds to cover an auto. In spite of changes in the overall economy it really is not quite as difficult as you might think. Companies and local banks exist and prepared to supply you with an automobile loan. Considering the chore of going to class every week, it may possibly be challenging for college students to retain a full-time 9 to 5. There's much more than one benefit to getting an undergraduate automobile loan. The financial loan will likewise aid to build or improve a person's credit worthiness. Every time you pay on your loan it contributes greatly to enhance your credit scores. One good aspect related to any such financing, which can be extremely helpful to people, is they do not have to have seriously costly monthly payments whenever trying to pay back the loan.
Financial institutions offer safeguarded auto loans that enable them to not ever end up with a dilemma financing money to university students who have poor credit or even little credit rating. The car procured by the college student is applied as a guarantee for the remaining amount owed on the amount financed. When bills are not coughed up, the finance company is going to repossess the car or truck and flip it and get their money back.
Periodically we might find our life in a predicament whereby we're in desperate demand for a vehicle. There are plenty of finance companies that proclaim that they will grant a line of credit to folks it doesn't matter how bad his or her credit standing has become. While at first glance, it sounds as if they are being magnanimous and trying to help out those who are in a bind, this may not be always the way it is.
Automobile dealers who guarantee financing must be staved off. Of course they will likely deliver all people financing, and yet the apr is often inflated.
Today even more than in the past consumers tend to be conscious of any dollar they expend. Considering the age of the online world comparison shopping is simpler than previously, but it's furthermore more challenging than in the past. Less-than-perfect credit can easily exclude you from many points from an automobile or property finance loan, or even just a bank checking account. There's lots of very bad credit automobile loan companies that provide finance for men or women with blemishes and flaws in his or her history of credit. The discrepancy relating to financier guidelines could really be the tipping point of a low price. Do not let the cheapest finance offer you are given be your first arrangement. It's best to look around and evaluate car loans interest rates, as financing is often step 1 to repairing a few of the problems on a person's history of credit in addition to getting back on the path to a favorable credit record. Watch for a borrowing arrangement with a more affordable annual percentage rate. A good number of loan creditors will deny a customer who has an adverse credit history. If the individual is able to exhibit improvement on their own credit worthiness loan companies could be more likely to help them to slash car finance interest rates and offer a long term line of credit. Be sure that the car loan works for you by paying it off and reversing your credit impairment.
Don't forget that the least difficult means to get monetary savings is to research rates. Check around and search and evaluate car loan interest rates.
Monday, June 4, 2012
Indian unorganized retail sector & its challenge
Indian unorganized retail sector & its challenge
India is the only one country having the highest shop density in the world, with 11 outlets per 1000 people (12 million retail shops for about 209 million households). Rather we can see the democratic scenario in Indian Retail (because of low level of centralization, low capital input and due to a good number of self organized retail).
India started its Retail Journey since ancient time.
In Ancient India there was a concept of weekly HAAT, where all the buyers & sellers gather in a big market for bartering. It takes a pretty long times to & step to shape the modern retail. In between these two concepts (i.e. between ancient retail concept & the modern one there exist modern kirana/ mom and pop shops or Baniya ki Dukan.
Still it is predominating in India
So the Indian retail industry is divided into two sectors- organized and unorganized.
Organized retail sector refers to the sectors undertaken by licensed retailers, that is, those who are registered for sales tax, income tax, etc. These include the corporate retail formats of the exclusive brand outlets, hypermarkets, supermarkets, departmental stores and shopping malls.
Unorganized retailing, on the other hand, refers to the traditional formats of low-cost retailing, for example, hand cart and pavement vendors, & mobile vendors, the local kirana shops, owner manned general stores, paan/beedi shops, convenience stores, hardware shop at the corner of your street selling everything from bathroom fittings to paints and small construction tools; or the slightly more organized medical store and a host of other small retail businesses in apparel, electronics, food etc.
Characteristics of unorganized retail-
Small-store (kirana) retailing has been one of the easiest ways to generate self-employment, as it requires limited investment in land, capital and labour. It is generally family run business, lack of standardization and the retailers who are running this store they are lacking of education, experience and exposure. This is one of the reason why productivity of this sector is approximately 4% that of the U.S. retail industry.
Unorganized retail sector is still predominating over organized sector in India, unorganized retail sector constituting 98% (twelve million) of total trade, while organized trade accounts only for 2%.
The reasons might be-
1. In smaller towns and urban areas, there are many families who are traditionally using these kirana shops/ mom and pop' stores offering a wide range of merchandise mix. Generally these kirana shops are the family business of these small retailers which they are running for more than one generation.
2. These kiran shops are having their own efficient management system and with this they are efficiently fulfilling the needs of the customer. This is one of the good reasons why the customer doesn't want to change their old loyal kirana shop.
3. A large number of working class in India is working as daily wage basis, at the end of the day when they get their wage, they come to this small retail shop to purchase wheat flour, rice etc for their supper. For them this the only place to have those food items because purchase quantity is so small that no big retail store would entertain this.
4. Similarly there is another consumer class who are the seasonal worker. During their unemployment period they use to purchase from this kirana store in credit and when they get their salary they clear their dues. Now this type of credit facility is not available in corporate retail store, so this kirana stores are the only place for them to fulfill their needs.
5. Another reason might be the proximity of the store. It is the convenience store for the customer. In every corner the street an unorganized retail shop can be found that is hardly a walking distance from the customer's house. Many times customers prefer to shop from the nearby kirana shop rather than to drive a long distance organized retail stores.
6. This unorganized stores are having n number of options to cut their costs. They incur little to no real-estate costs because they generally operate from their residences.
India is the only one country having the highest shop density in the world, with 11 outlets per 1000 people (12 million retail shops for about 209 million households). Rather we can see the democratic scenario in Indian Retail (because of low level of centralization, low capital input and due to a good number of self organized retail).
India started its Retail Journey since ancient time.
In Ancient India there was a concept of weekly HAAT, where all the buyers & sellers gather in a big market for bartering. It takes a pretty long times to & step to shape the modern retail. In between these two concepts (i.e. between ancient retail concept & the modern one there exist modern kirana/ mom and pop shops or Baniya ki Dukan.
Still it is predominating in India
So the Indian retail industry is divided into two sectors- organized and unorganized.
Organized retail sector refers to the sectors undertaken by licensed retailers, that is, those who are registered for sales tax, income tax, etc. These include the corporate retail formats of the exclusive brand outlets, hypermarkets, supermarkets, departmental stores and shopping malls.
Unorganized retailing, on the other hand, refers to the traditional formats of low-cost retailing, for example, hand cart and pavement vendors, & mobile vendors, the local kirana shops, owner manned general stores, paan/beedi shops, convenience stores, hardware shop at the corner of your street selling everything from bathroom fittings to paints and small construction tools; or the slightly more organized medical store and a host of other small retail businesses in apparel, electronics, food etc.
Characteristics of unorganized retail-
Small-store (kirana) retailing has been one of the easiest ways to generate self-employment, as it requires limited investment in land, capital and labour. It is generally family run business, lack of standardization and the retailers who are running this store they are lacking of education, experience and exposure. This is one of the reason why productivity of this sector is approximately 4% that of the U.S. retail industry.
Unorganized retail sector is still predominating over organized sector in India, unorganized retail sector constituting 98% (twelve million) of total trade, while organized trade accounts only for 2%.
The reasons might be-
1. In smaller towns and urban areas, there are many families who are traditionally using these kirana shops/ mom and pop' stores offering a wide range of merchandise mix. Generally these kirana shops are the family business of these small retailers which they are running for more than one generation.
2. These kiran shops are having their own efficient management system and with this they are efficiently fulfilling the needs of the customer. This is one of the good reasons why the customer doesn't want to change their old loyal kirana shop.
3. A large number of working class in India is working as daily wage basis, at the end of the day when they get their wage, they come to this small retail shop to purchase wheat flour, rice etc for their supper. For them this the only place to have those food items because purchase quantity is so small that no big retail store would entertain this.
4. Similarly there is another consumer class who are the seasonal worker. During their unemployment period they use to purchase from this kirana store in credit and when they get their salary they clear their dues. Now this type of credit facility is not available in corporate retail store, so this kirana stores are the only place for them to fulfill their needs.
5. Another reason might be the proximity of the store. It is the convenience store for the customer. In every corner the street an unorganized retail shop can be found that is hardly a walking distance from the customer's house. Many times customers prefer to shop from the nearby kirana shop rather than to drive a long distance organized retail stores.
6. This unorganized stores are having n number of options to cut their costs. They incur little to no real-estate costs because they generally operate from their residences.
Sunday, June 3, 2012
3 Common Reasons Your Housing Loan Application Can Be Refused
Unless you are cash rich, you would look to leverage on a housing loan to purchase a home. Getting an approval for a housing is never a certainty. There are many situations where home buyers can have their applications rejected outright by the mortgage lender. When that happens, a lender may inform you of the reasons why your application had been declined or not even give you service call to inform you of their decision.
These are some common reasons that housing loan request are declined by the mortgage lender.
1) Being a guarantor for a relative's loan
One of the most common reason that terms your personal financial position as over leveraged is by signing as a guarantor for another individual's loan. There are many reasons for this to happen. It could be that you nephew needs a guarantor for an education loan, your spouse included you as a guarantor for an auto loan, your dad needed you as a guarantor for a recent investment property loan, etc.
At the point of signing on, it is normal to think that these circumstances will not affect you in any way. But it can have a great effect on your loan applications in future, including your housing loan. Unless you have a high personal income, obtaining attractive housing loan terms can be frustrating.
A mortgage loan is a very significant personal financial commitment, the mortgage lender will be concerned with your personal financial leverage when assessing your application. And because you are a guarantor for other loans, those can be taken into consideration when calculating your personal debt ration. A higher ration can deem your personal financial leverage as undesirable.
2) Negligent on material information
Our personal finances are very private information. As wealth is a symbol of social status, many people may be a little embarrassed about revealing the full details of their current financial position, especially if they perceive their personal credit record as one that is adverse. However do note that a mortgage broker or a mortgage officer is there to help you obtain your desired mortgage. It is their job and they will be delighted to be able to acquire a deal for you that you will be happy with.
Because of the nature of their job scope, they have seen a number of applications and have experience on what to look out for in your application. So when you are probed on personal financial information, be open in sharing them so that an officer will know the best course of action to help you obtain an approval for your housing loan.
Do not think that some information requested is not important. Unless you are the mortgage underwriter, you will have little idea on the assessment criteria required. When possible issues are raised by your mortgage officer, you can get them resolved before processing your application. Working on adverse issues only after your housing loan has been declined may be too late.
3) Outstanding arrears and credit card bills
Because a housing loan is a secured loan, you may be complacent on thinking that it is one of the easiest forms of loans that you can get. You may even think that you personal credit record is of little importance since the mortgage lender should feel save since there is a valuable collateral involved.
That is not the case. Your personal credit record can have great effects on how flexible a mortgage lender is willing to be with you. This is especially so when you are a new customer to the lender. They have not dealt with you before and the only way to fairly judge your financial behavior is to assess your credit record. When it shows that your current auto loan and credit card bills are late by 3 months, it does not reflect nicely on how well you manage your finances. You can be penalized with an outright rejection or offered more unfavorable terms because of the additional risks put on the lender. Always ensure prompt payments on your personal credit facilities at least 6 months before your housing loan application.
These are some common reasons that housing loan request are declined by the mortgage lender.
1) Being a guarantor for a relative's loan
One of the most common reason that terms your personal financial position as over leveraged is by signing as a guarantor for another individual's loan. There are many reasons for this to happen. It could be that you nephew needs a guarantor for an education loan, your spouse included you as a guarantor for an auto loan, your dad needed you as a guarantor for a recent investment property loan, etc.
At the point of signing on, it is normal to think that these circumstances will not affect you in any way. But it can have a great effect on your loan applications in future, including your housing loan. Unless you have a high personal income, obtaining attractive housing loan terms can be frustrating.
A mortgage loan is a very significant personal financial commitment, the mortgage lender will be concerned with your personal financial leverage when assessing your application. And because you are a guarantor for other loans, those can be taken into consideration when calculating your personal debt ration. A higher ration can deem your personal financial leverage as undesirable.
2) Negligent on material information
Our personal finances are very private information. As wealth is a symbol of social status, many people may be a little embarrassed about revealing the full details of their current financial position, especially if they perceive their personal credit record as one that is adverse. However do note that a mortgage broker or a mortgage officer is there to help you obtain your desired mortgage. It is their job and they will be delighted to be able to acquire a deal for you that you will be happy with.
Because of the nature of their job scope, they have seen a number of applications and have experience on what to look out for in your application. So when you are probed on personal financial information, be open in sharing them so that an officer will know the best course of action to help you obtain an approval for your housing loan.
Do not think that some information requested is not important. Unless you are the mortgage underwriter, you will have little idea on the assessment criteria required. When possible issues are raised by your mortgage officer, you can get them resolved before processing your application. Working on adverse issues only after your housing loan has been declined may be too late.
3) Outstanding arrears and credit card bills
Because a housing loan is a secured loan, you may be complacent on thinking that it is one of the easiest forms of loans that you can get. You may even think that you personal credit record is of little importance since the mortgage lender should feel save since there is a valuable collateral involved.
That is not the case. Your personal credit record can have great effects on how flexible a mortgage lender is willing to be with you. This is especially so when you are a new customer to the lender. They have not dealt with you before and the only way to fairly judge your financial behavior is to assess your credit record. When it shows that your current auto loan and credit card bills are late by 3 months, it does not reflect nicely on how well you manage your finances. You can be penalized with an outright rejection or offered more unfavorable terms because of the additional risks put on the lender. Always ensure prompt payments on your personal credit facilities at least 6 months before your housing loan application.
Saturday, June 2, 2012
Thoughts On Consumer Awareness
Are you an individual, a common man who toils day and night, up and down to earn three meals a day? If yes, then do you at times come home depressed with a look of betrayal on your face? There can be reasons like someone withdrew cash from your credit card and you have no clue how; the television you purchased for your family is not properly functioning, the shopkeeper refused to take the onus even though the TV is in the warranty period or somebody stole the information from your email account by hacking it?...this is the plight of today's consumer, who at the end of the day comes back home defeated and cursing his fate and today's world.
But one should never forget that God only helps those who help themselves. You can never be beaten unless you admit that you have lost; similarly no one can deceive you unless you let him do so. Thus, it is time for the consumers to wake up and realize that nothing will happen by sitting hands on hands, more than talking of action, one should believe in implementing or doing it. Howsoever one may try it is impractical to erase theft, fraud etc. form our society. In this case the only option left is to take preventive measures.
The first and the foremost step for a consumer to prevent himself from cheating is to keep his eyes and ears open. Know or be aware of what is happening around you. Read the cases of various scams, thefts, burglaries, phishing scams etc. in that are highlighted in your local newspaper and also seen on television. This will keep you informed and conscious of what is going on and what can unfortunately even happen with you.
Learn from the mistakes of your neighbors. If a shopkeeper has given a malfunctioning gadget to your neighbor, do not make the mistake of going to that shop. If somebody stole important mails from their mailbox, do make it a point to collect all your crucial mails directly from the post office.
Never reveal personal identity to a stranger. You go for a morning walk and a man over their tries to be extra amiable even asks you to come home for lunch etc. does not imply that he wants your friendship or that he is a genuine person. So do not disclose your residence, telephone numbers, your workplace numbers etc. to him unless you gather complete information from a known person about him. Avoid giving personal details on phone. If you receive calls from unknown place that offers you some benefits and asks for your particulars, don't be carried away by that. Tell your particulars only when you are sure that the call is genuine and that there is no other way out.
Do not rely much on courier services. If you an access to the place where you have to deliver the parcel, take out some time and go yourself.
Do not hand over your credit or debit cards even to your friends. It is foolish to trust someone blindly nowadays. Never tell your friends or colleagues to check your mails while you are holidaying with your family. It is not wise to let others know your password and mails.
When you are out for shopping in the market, do not carry much cash. Keep the tentative amount and credit or debit card in case of emergency. This will not only help you do a regulated shopping but will also save you from many pitfalls.
Before purchasing any commodity, always read the manufacturing date, the expiry date and the MRP carefully.
Never forget to take all the bills and an assurance for the warranty period. Take the bills for each and every thing you buy and it is advisable to take things on a longer warranty basis even if you have to pay a little more for it.
If while coming back home you lose your wallet, call up the police and register your complaint. This can protect you from the illegal use your documents by the one who picks them up. It is better that you de not carry your essentials every time you move out of the house.
Keep all the emergency numbers (like the social security unit of your area, the police station number etc.) stored in your mobile phone. Also what is vital for your security is to keep a back up record in a diary of all the essential numbers in your phone and addresses. This will facilitate you with all the information in case you lose your mobile phone.
Wake Up, Its Time to Retaliate by Being Cautious and Not to Sit Quiet.
But one should never forget that God only helps those who help themselves. You can never be beaten unless you admit that you have lost; similarly no one can deceive you unless you let him do so. Thus, it is time for the consumers to wake up and realize that nothing will happen by sitting hands on hands, more than talking of action, one should believe in implementing or doing it. Howsoever one may try it is impractical to erase theft, fraud etc. form our society. In this case the only option left is to take preventive measures.
The first and the foremost step for a consumer to prevent himself from cheating is to keep his eyes and ears open. Know or be aware of what is happening around you. Read the cases of various scams, thefts, burglaries, phishing scams etc. in that are highlighted in your local newspaper and also seen on television. This will keep you informed and conscious of what is going on and what can unfortunately even happen with you.
Learn from the mistakes of your neighbors. If a shopkeeper has given a malfunctioning gadget to your neighbor, do not make the mistake of going to that shop. If somebody stole important mails from their mailbox, do make it a point to collect all your crucial mails directly from the post office.
Never reveal personal identity to a stranger. You go for a morning walk and a man over their tries to be extra amiable even asks you to come home for lunch etc. does not imply that he wants your friendship or that he is a genuine person. So do not disclose your residence, telephone numbers, your workplace numbers etc. to him unless you gather complete information from a known person about him. Avoid giving personal details on phone. If you receive calls from unknown place that offers you some benefits and asks for your particulars, don't be carried away by that. Tell your particulars only when you are sure that the call is genuine and that there is no other way out.
Do not rely much on courier services. If you an access to the place where you have to deliver the parcel, take out some time and go yourself.
Do not hand over your credit or debit cards even to your friends. It is foolish to trust someone blindly nowadays. Never tell your friends or colleagues to check your mails while you are holidaying with your family. It is not wise to let others know your password and mails.
When you are out for shopping in the market, do not carry much cash. Keep the tentative amount and credit or debit card in case of emergency. This will not only help you do a regulated shopping but will also save you from many pitfalls.
Before purchasing any commodity, always read the manufacturing date, the expiry date and the MRP carefully.
Never forget to take all the bills and an assurance for the warranty period. Take the bills for each and every thing you buy and it is advisable to take things on a longer warranty basis even if you have to pay a little more for it.
If while coming back home you lose your wallet, call up the police and register your complaint. This can protect you from the illegal use your documents by the one who picks them up. It is better that you de not carry your essentials every time you move out of the house.
Keep all the emergency numbers (like the social security unit of your area, the police station number etc.) stored in your mobile phone. Also what is vital for your security is to keep a back up record in a diary of all the essential numbers in your phone and addresses. This will facilitate you with all the information in case you lose your mobile phone.
Wake Up, Its Time to Retaliate by Being Cautious and Not to Sit Quiet.
Top 10 Lottery Horror Stories
Not very many people win the lottery, but of those who win, many lose all their winnings and end up with less money than before they won. Some winners were simply foolish, some were greedy, some had greedy relatives and friends, and some fell prey to thieves and crooks. Here are the stories of 10 people who won the lottery then lost it all.
#1 Evelyn Adams
In 1985 AND 1986, Evelyn Adams won the lottery - equaling a total winning of .4 million. However, today - she has no money "Winning the lottery isn't always what it's cracked up to be," says Evelyn Adams, who won the New Jersey lottery not just once, but twice (1985, 1986), to the tune of .4 million. Today the money is all gone and Adams lives in a trailer. She lost money in slot machines, and couldn't seem to say no to relatives and friends. Evelyn's big win ended in a big loss.
#2 William Post
In 1988, William Post won .2 million in the Pennsylvania lottery but now lives on his Social Security. Post's former girlfriend sued him for a share of his winnings and one of his brothers was arrested for hiring a hit man to kill him, hoping to inherit a share of the winnings. His relationship with his other siblings was also strained and he spent some time in jail. Within a year, he was million in debt and eventually declared bankruptcy. He now lives on only 0 a month and food stamps.
#3 Suzanne Mullins
In 1993, Suzanne Mullins won .2 million in the Virginia lottery. Now she's deeply in debt to a company that lent her money using the winnings as collateral. She borrowed 7,746.15 from this company, but eventually stopped making payments on the loan. She blamed the debt on the lengthy illness of her uninsured son-in-law, who needed million for medical bills. Needless to say, her lottery win did not end in happiness.
#4 Ken Proxmire Ken Proxmire won million in the Michigan lottery. Within 5 years he filed for bankruptcy after moving to California and starting a car business with his brothers. He has now returned to his job as a machinist.
#5 Willie Hurt
In 1989, Willie Hurt of Lansing, Mich., won .1 million. Only two years later he was broke and charged with murder after spending his fortune on a divorce and crack cocaine.
#6 Janite Lee
In 1993, Janite lee of Missouri won million. Lee was generous to a variety of causes, including various political organizations, education programs and the community services. According to published reports, eight years after winning, Lee had filed for bankruptcy with only 0 left.
#7 Southeastern Family
In the early 1990s, a Southeastern family won .2 million. In almost no time at almost all of their winnings were spent on a huge house, cars, and various requests from family members. They bought a huge house and succumbed to repeated family requests for help in paying off debts. Eleven years after winning, the couple got divorced, the house was sold and what was left of their lottery winnings had to be split.
#1 Evelyn Adams
In 1985 AND 1986, Evelyn Adams won the lottery - equaling a total winning of .4 million. However, today - she has no money "Winning the lottery isn't always what it's cracked up to be," says Evelyn Adams, who won the New Jersey lottery not just once, but twice (1985, 1986), to the tune of .4 million. Today the money is all gone and Adams lives in a trailer. She lost money in slot machines, and couldn't seem to say no to relatives and friends. Evelyn's big win ended in a big loss.
#2 William Post
In 1988, William Post won .2 million in the Pennsylvania lottery but now lives on his Social Security. Post's former girlfriend sued him for a share of his winnings and one of his brothers was arrested for hiring a hit man to kill him, hoping to inherit a share of the winnings. His relationship with his other siblings was also strained and he spent some time in jail. Within a year, he was million in debt and eventually declared bankruptcy. He now lives on only 0 a month and food stamps.
#3 Suzanne Mullins
In 1993, Suzanne Mullins won .2 million in the Virginia lottery. Now she's deeply in debt to a company that lent her money using the winnings as collateral. She borrowed 7,746.15 from this company, but eventually stopped making payments on the loan. She blamed the debt on the lengthy illness of her uninsured son-in-law, who needed million for medical bills. Needless to say, her lottery win did not end in happiness.
#4 Ken Proxmire Ken Proxmire won million in the Michigan lottery. Within 5 years he filed for bankruptcy after moving to California and starting a car business with his brothers. He has now returned to his job as a machinist.
#5 Willie Hurt
In 1989, Willie Hurt of Lansing, Mich., won .1 million. Only two years later he was broke and charged with murder after spending his fortune on a divorce and crack cocaine.
#6 Janite Lee
In 1993, Janite lee of Missouri won million. Lee was generous to a variety of causes, including various political organizations, education programs and the community services. According to published reports, eight years after winning, Lee had filed for bankruptcy with only 0 left.
#7 Southeastern Family
In the early 1990s, a Southeastern family won .2 million. In almost no time at almost all of their winnings were spent on a huge house, cars, and various requests from family members. They bought a huge house and succumbed to repeated family requests for help in paying off debts. Eleven years after winning, the couple got divorced, the house was sold and what was left of their lottery winnings had to be split.
Friday, June 1, 2012
Plan Your Monthly Personal Budget Using Excel Spreadsheet
Plan your monthly personal or family budget without help from any tools should be a difficult task for you. The easiest way to plan your budget is to use help from Microsoft Excel. Use the following steps to create your own personal budget in excel spreadsheet :
1. Write down your daily expenses in one month period
Create four columns and label them with name "Date", "Description", "Category", and "Amount". Start filling the columns with your daily expenses. You can write any description for your expenses. Categorize it based on your defined category, and fill the amount of that expense.
2. Summarize your expenses
Create new columns and summarize your daily expenses into category where you have to use excel function to sum your daily expenses based on their category. Name the new columns with name "Category" and "Expenses". You can create it within the same spreadsheet or in separate spreadsheet.
3. Add budget column
Add a new column next to Amount column in step 2, and label it with name "Budget". Fill your "Budget" column with the same amount with "Expenses" column.
4. Subtract your monthly income with budget and expenses
Sum the total amount of your "Expenses" and "Budget" columns. Create new rows below "Budget" column, and label it "Income" and "Saving". Input your monthly income, and then in "Saving" cell subtract Income with total amount from "Budget" column. If the result is positive, you can use your expenses as your budget reference. If it is negative, you need to adjust your budget where you think you can save the expenses of that category, and try to commit on this budget on the following month.
You can follow those steps above to simplify your monthly personal budgets, or you can also find some personal budgets created in excel available in internet to ease your plan.
1. Write down your daily expenses in one month period
Create four columns and label them with name "Date", "Description", "Category", and "Amount". Start filling the columns with your daily expenses. You can write any description for your expenses. Categorize it based on your defined category, and fill the amount of that expense.
2. Summarize your expenses
Create new columns and summarize your daily expenses into category where you have to use excel function to sum your daily expenses based on their category. Name the new columns with name "Category" and "Expenses". You can create it within the same spreadsheet or in separate spreadsheet.
3. Add budget column
Add a new column next to Amount column in step 2, and label it with name "Budget". Fill your "Budget" column with the same amount with "Expenses" column.
4. Subtract your monthly income with budget and expenses
Sum the total amount of your "Expenses" and "Budget" columns. Create new rows below "Budget" column, and label it "Income" and "Saving". Input your monthly income, and then in "Saving" cell subtract Income with total amount from "Budget" column. If the result is positive, you can use your expenses as your budget reference. If it is negative, you need to adjust your budget where you think you can save the expenses of that category, and try to commit on this budget on the following month.
You can follow those steps above to simplify your monthly personal budgets, or you can also find some personal budgets created in excel available in internet to ease your plan.
Subscribe to:
Posts (Atom)