tag:blogger.com,1999:blog-25693554754158451032023-11-15T22:15:56.911-08:00secure loanbbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-2569355475415845103.post-62961111846776795802014-02-03T20:40:00.000-08:002021-05-19T00:36:31.487-07:00Housing Loans to make homes of their own
Build Your Own Home on the Land of the Government Housing Loan - What You Need to Know ?
I think many of us who own their own being stingy about to build their dream home. For government staff housing loans offered the opportunity should be used preferably .
The process of building your dream home on their own land m
liquidize government housing loans is not the same as buying a completed house . There are several processes that need to be made which requires approval from the relevant authorities.
Among the few things you should know and should be completed before your loan application is submitted :
1 . Land Ownership : Make sure you are the rightful owner of the land / registered on the land to be built home. If you wish to buy a home together ( combined loan ) with your partner , make sure you me
enter the first name of your spouse ( husband - wife ) as co-owners of the land. The process of change in ownership or enter the name of your partner can be done at the Land Office . The time taken is dependent on the state land office or the respective districts . Every land offices have acts and regulations vary from state to state because each act is tied to the state land code , respectively . The rate depends on the rate of land value , the higher the land value is then the higher the cost of stamping (stamp duty ) payable .
2 . Land Status: Status of land should also be noted . What is the status of your land ? Are agricultural land? Paddy land ? Rubber Estate ? Or orchard land ? All the status of the land to be converted into building land status first. Managing change in land status may be applied at the land office and state / province respectively . Here too there is a cost involved and the time taken to change the status of the land is quite old usually 6 months to 1 year .
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtgiDfOJpe7eWXMwNcNgGGPeD8svw-leBP45YFZlbsFEKJaAMKUmbRYdUyHBCNIsjvGiXtYRlvVzHOr0EBOiA-OUbS3c888ASiBWX9W2iV2VBM4dTQcP80ZxHDcyLfvpmzjLO3XcQeRJeG/s1600/images.jpg" imageanchor="1" ><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtgiDfOJpe7eWXMwNcNgGGPeD8svw-leBP45YFZlbsFEKJaAMKUmbRYdUyHBCNIsjvGiXtYRlvVzHOr0EBOiA-OUbS3c888ASiBWX9W2iV2VBM4dTQcP80ZxHDcyLfvpmzjLO3XcQeRJeG/s320/images.jpg" /></a>
3 . Architect Plans : Next plan often called the architect or home plans . If you have skills in designing the house so you can design your own dream home .but what matters in the end the home plan should be stamped and signed by a qualified architect . Architectural plans must be accompanied by some other plan more like Sewerage Plan and Structure Plan ( Plan Irons) . The cost of the architectural plans are usually calculated based on square foot area of the house , the greater your home more expensive then the cost of architectural fees . Once your plan stamped and signed by the architect then turn the plan submitted to the county council for approval and a permit to build a home . As usual .... approval process at the district council shall have the costs . Usually the time frame for approval takes 2 to 6 months , depending on the Local Authority ( LA ) areas respectively .
4 . Contract : the contract agreement should be attached along with the application form on your mortgage . The lawyer who will manage the building contract agreement between your home and the contractor of your choice. The cost of the contract fee will be discussed with the contractor , who will bear the costs of the suit . Normally the client will incur legal costs because the contractor will only provide quotations for building houses. But there are also some cases the contractor agrees to bear the legal costs .
5 . Valuation Process : The final process is the process of valuation which has passed the plan to be submitted to the Department of Valuation and Property Services which house plan you will be judged . Total loans at a later date may not exceed the total value issued by the Department of Assessment . Evaluation process usually takes only 1 week .
Once the above process is complete then you can now send your mortgage application form .....
Thank you .... hope this brief bit of info you can give is stingy about to build your dream home on their own land use for housing loan facility .bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com2tag:blogger.com,1999:blog-2569355475415845103.post-52081280093298935282014-02-03T20:24:00.000-08:002021-05-19T00:36:27.614-07:00Cashflow 101 trick
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Have you played your share and the loss of more than 15,000 for greed and lack of knowledge?.<br />
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Have you ever tried to trade for another drive, remove the large capital of 12,000 from your savings, but ultimately failed?<br />
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Have you bought a house valued at 140,000 and then you find a suitable location of the house was only occupied by the spirits and creatures seem just?<br />
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Have you had difficulty sleeping at night and having palpitations in recognition of the problems as above?<br />
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Maybe you do not have. But it is a scenario that happened to me. Believe me that it was not a pleasant situation. It is one thing that you want to forget the history of your life. Even so, it makes us stronger than before, more prudent and more cautious. As the saying goes, "what can not kill you makes you Stronger." But as many as one can get back from this fall. What more if the loss suffered by millions of items. I am very fortunate to have tested God in the period that is still hard work. What about those who are not able to.<br />
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Generate passive income from employment is not a matter of resources in play and can be made casually. It requires experience and knowledge of finance is appropriate. Science can be found from the books and papers available. But the experience gained is also the same importance. My experience is from the "school of hard knocks." Knock on my head so strongly that it left a deep mental impact (to your knowledge, I am still sane ye ..). I'm sure you do not want to suffer the same fate.<br />
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The best brains in the financial sector is of the opinion if you want to succeed, you must have a mentor who has proven success. One of his famous multi millionaire with the story of "from rags to Riches" it is the Robert T. Kiyosaki. He also has its own mentor of his foster father (Rich Dad).<br />
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In facilitating the process of understanding the strategies in the areas of personal finance, Robert T. Kiyosaki created a simulation that is similar to our daily life, called Cashflow 101. In the simulation Cahsflow 101, we will be exposed to the complexities of living with a wage earner, received a "paycheck" every month and the money spent on the "doodads". Of the two articles I Cashflow 101 in the series before this, "the rat race" and "generate passive income", of course I believe you / i have understood and learned about this.<br />
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In this game, each person will receive a task to be salaried employees, whether a doctor is paid a large and a lot of shopping or a garbage sweeper who earn less. If said the man, the bigger the pot the bigger descale. You'll get your income statement and statement of the money saved each month. In your way to success (so-called fast track) you will find some exciting opportunities as an offer to buy shares, bought the company and apartment houses. You can choose to accept the offer or not based on the information provided on the card and your own abilities.<br />
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The challenge becomes more difficult as you may have to spend if getting "doodads" that erodes your savings depleted. You may also be dismissed, forced to pay one month salary and lose a turn. You also may get free child (not married to the child was bleh) that will reduce your cash flow. This is where you test the ability and luck.<br />
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What is difficult in this game is to build a passive income from the income you receive from your paycheck that just so you can exit the rat race. You counted out of the rat race for you to enter the fast track if you are successful passive income exceeds your monthly expenses even though the value of 10 cents. In the fast track is no longer your life miserable because you will receive hundreds of thousands of dollars from the banker. It happen if .... Your passive income should be calculated to win you reach the number of 50,000 per month or you managed to buy a "dream" that you want before you get rich.<br />
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The interesting thing for me in this game is, in real life, we are very happy to spend our money to buy a big car and computer technology. We felt a thrill as getting new toys, toys and goods up to date. We are confident that we should get the prize on our commitment to work. But in this game Cashflow, "doodads" is a sin. We seem to be punished for wasting our money to the "doodads". After the expiry of the game, my heart can feel exactly that, "doodads" is a waste even before it did not. Strange, it sticks in my heart ...<br />
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I could write a chapter about the Cashflow berbab-101 because I was fan of the book Rich Dad Poor Dad and all the books written by Robert T. Kiyosaki who is my personal collection. My experience playing Cashflow 101 amazing simulation. I would like to recommend you to try simulation Cashflow 101 before you take any action to increase your investment or a waste of money.<br />
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To explore your new world of work after completing his studies at college or university, this is your chance to take the right first step. The first mistake you make in your life based on lack of knowledge will hinder your success. Increase knowledge, courage to take risks and continue to fight.<br />
SEE YOU AT THE TOP SUCCESS .. ....bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com0tag:blogger.com,1999:blog-2569355475415845103.post-22263683259088970992014-02-03T00:28:00.000-08:002021-05-19T00:36:26.213-07:00 If you are in your thirties or older, then you remember the days of walking into a bank to get a loan. Nowadays, most people barely even go into their local branch, and they certainly are not on a first name basis with the bank employees. So, when it comes time to get a loan, you don't really have a friend in the bank anymore. That makes it tough for a lot of people, especially those with low credit scores or past bankruptcies and sometimes the only loan they can get is a personal secured loan.<br />A secured loan is one in which you offer up certain possessions that you already own, such as the title of your car, and this makes the lender feel a lot more comfortable about loaning you money. In the past, you would actually have to bring the item to the lender, such as in the case of a pawn shop, but now most personal secured loans are obtained online and there is no need to prove that you actually do own what you are collateralizing.<br />Almost anyone can get a personal secured loan these days, and there are few qualifications that are set in stone. Perhaps the one qualification that is required almost across the board is the necessity to be a legal resident of this country. If you do not have a passport, a driver's license, or some other form of government-issued identification, then you will have a tough time getting a loan. In fact, you may be better off just looking for a loan from your host country.<br />However, if you are legal, you are over eighteen years old, you have a job, and a phone number where you can be contacted, you should have no problem at all getting a loan like this.<br />bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com0tag:blogger.com,1999:blog-2569355475415845103.post-41525370548483080752011-01-01T22:51:00.000-08:002021-05-19T00:36:24.984-07:00Strengthening Macroeconomic Stability<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7ekSF7UzLk117uno0couv03pMaMEFCZpYK-6Pe-_9gxMa9fmPmUIuaV9m67ZV-_MxQnVZLkHcH-AhcjVI7v8eTgTDfzSdxS_to8X0EgNzySiUlo6fXExcuTgxd-JLhdcJd1to-8XbQ8Rn/s1600/CAR033110A-1.gif" imageanchor="1" style="margin-left:1em; margin-right:1em"><img border="0" height="299" width="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7ekSF7UzLk117uno0couv03pMaMEFCZpYK-6Pe-_9gxMa9fmPmUIuaV9m67ZV-_MxQnVZLkHcH-AhcjVI7v8eTgTDfzSdxS_to8X0EgNzySiUlo6fXExcuTgxd-JLhdcJd1to-8XbQ8Rn/s320/CAR033110A-1.gif" /></a></div><br />
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Economic stability is a basic prerequisite for improving public welfare through the achievement of high growth and improving the quality of growth. Economic stability is very important to give business certainty for economic actors. Macroeconomic stability is achieved when the relationship of the main macroeconomic variables are in balance, for example between domestic demand with national output, balance of payments, fiscal revenues and expenditures, and savings and investment. Relationships are not always in perfect balance. Imbalances such as fiscal and balance of payments remained in line with economic stability provided that can be funded on an ongoing basis.<br />
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Unstable economy raises high costs for the economy and society. Instability would complicate the public, both private and domestic, to plan ahead, especially in the longer term needs for investment. Low level of investment will reduce the potential for long-term economic growth. High fluctuations in output growth in production will reduce the level of expertise of the old workforce is unemployed. High inflation and high fluctuations cause enormous costs to society. Due to the brunt of high inflation would be felt by poor people has decreased purchasing power. High inflation makes it difficult distinction fluctuating price movements caused by changes in demand or supply of goods and services from a general increase in prices caused by excess demand. The result is inefficient allocation of resources.<br />
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Given the importance of macroeconomic stabillitas for fluency and achievement of national development targets, the Government is determined to continue to create and consolidate macroeconomic stability. One-way 2005-209 macroeconomic policy framework is to maintain macroeconomic stability and prevent excessive fluctuations in the economy.<br />
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To achieve macroeconomic stability not only depends on the magnitude of macroeconomic management alone, but also depends on the structure of markets and sectors. To consolidate macroeconomic stability, macroeconomic policy, through fiscal and monetary policies in a coordinated well, must be supported by structural reform policies, which aimed to strengthen and improve the function of markets, including, among other capital and money markets, labor markets and market goods and services, and covers sectors such as industry sector, agriculture, trade, finance and banking, and other sectors.<br />
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A. ISSUES<br />
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Sound macroeconomic management and progress in structural reforms has resulted in steady improvement of economic performance, especially macroeconomic stability. In recent years, relatively stable exchange rate, inflation under control at a fairly low level, as well as external activities have begun to recover. Maintained market confidence since the end of the support the IMF program at the end of 2003. In addition, the return of Indonesia in international capital markets has been marked by the successful issuance of foreign bonds which basically reflects international confidence in the implementation of national economic policy.<br />
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Macroeconomic stability is still vulnerable to shocks. On the financial side of the country, still faces a threat to fiscal sustainability. The ratio of debt per GDP is still relatively high which is estimated about 55 percent of GDP by the end of 2004. In recent years the amount of government bonds with maturities will reach its peak. On the other hand the level of revenue, especially taxes, are still far from optimal than the potential revenues available. On the expenditure side, spending is still not optimal effectiveness and budget leaks still occur in various institutions, both at central and regional levels. The challenge in the next five years is to perform loan management, both public and domestic luara, the better, increase revenues and streamline state spending in order to maintain fiscal sustainability.<br />
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The rate of inflation and interest rates are relatively higher compared to the countries region. Economic development until 2003 was marked by the strengthening of the exchange rate reaches Rp8.465/USD and low inflation rate of 5.03 percent. These conditions cause a decrease in the level of 3-month SBI interest rate of 13.12 percent (2002) to 8.34 percent (2003). Decrease in interest rate policy affects the investment credit interest rate cut from 17.8 percent to 15.7 percent. However, when compared with neighboring countries, where inflation and interest rates respectively ranged from 0.5 percent - 1.8 percent and 1.0 percent - 2.8 percent, conditions are still less competitive. Monetary policy needs to be carefully nurtured in order to reduce the rate of inflation, and facing challenges due to the high expectations of inflation, high excess liquidity, the rising pressure of administered prices, the weak structural condition that would affect the interaction of demand and supply of goods and services as well as the possibility of rate hike interest abroad.<br />
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The balance of payments need to be wary of the rise of non-oil export earnings are slowing. The value of non-oil exports in 2000-2003 grew at an average only about 4.7 percent per year, far below the average pre-crisis (1991-1997) which is about 22.6 percent per year. Compared with other competing countries in the region, Indonesian non-oil export performance was relatively slow. This shows a decrease in the competitiveness of Indonesian non-oil exports. Surplus oil and gas exports, regardless of the price increase, also showed a declining trend. The reduced domestic oil production and continued growth in fuel consumption has increased its crude oil imports, while exports of crude oil declined. LNG exports showed the tight competition, with the increasing supply of LNG from a variety of new exporting countries. As a result other than Indonesia suffered defeat in several LNG supply tender, also came under pressure to lower prices on old LNG contract to be extended.<br />
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Increased imports are too fast, without offset by non-oil exports would push the current account position. In 2004 imports of both oil and non-oil, showed a rapid increase in line with the improving economy. This trend will continue in line with increased investment. To secure the balance of payments poisisi this needs to watch out for, especially the position of the services account deficit also tends to increase.<br />
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The amount of capital inflows, particularly foreign direct investment is still relatively low compared to before the crisis and the countries in the ASEAN region. In line with efforts to reduce the burden of foreign debt, capital flows tend to be government deficit. Private capital flows in recent years in deficit, but the number continued to fall in line with the reduced flow of private foreign debt payments and the improvement in capital inflows to Indonesia.<br />
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By observing the development of exports, imports and capital inflows, in order to secure the balance of payments position in the next five years should be measures to increase exports, especially non-oil exports and exports of services, such as tourism and shipping services, as well as measures to increase investment flows.<br />
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Real sector has not recovered. This is reflected in the lack of structural conditions, such as food insecurity, weak industrial production structure, the lack of distribution facilities and transportation and has not solid state banking and financial institutions. On the banking side, although there have been improvements, the banking intermediary function has not been optimal. Credit growth is still relatively low, where the Loan to deposit ratio (LDR) is still relatively low, namely 43.2 per cent compared to pre-crisis levels of about 70-80 percent. In addition, loans that are not carefully by the bank to make the NPL are in the range of 7-8 percent. This condition is mainly caused by the still not completed restructuring the corporate sector and the high risk in the real sector related to various structural problems. In addition, banking crimes still often the case, this negatively impact public confidence in the banking system has not recovered fully from the banking crisis. This condition is caused by yet powerful application of risk management and prudential management of banks and still need to increase the ability of bank supervision by Bank Indonesia.<br />
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The condition of banks and other financial institutions has not been steady. Meanwhile, banking and financial products become more varied and complex, globalization of trade in services and innovation in information technology have increased the flow of financial transactions in and out of Indonesia and the tendency of concentration of assets of financial institutions in the banking sector (about 80 percent in 2003). This implies the strength of the threat of a crisis of financial institutions, particularly banks, in the future. On the other hand institutions that deal with crisis prevention and management mechanisms such as the Financial Services Authority institutions (OJK) and the Deposit Insurance Corporation (DIC) is not yet fully operational.<br />
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The growth of various financial products that fast (like mutual funds), potential risks if not accompanied by adequate regulation and supervision. The net asset value (NAV) of mutual funds in 2003 has reached more than 8.6 times the NAB in 2001. Jump in accumulation of funds in the mutual fund industry requires setting that always focuses on the principles of prudence and justice.<br />
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The potential mismatch between long-term funding (such as infrastructure development, the budget deficit financed by issuing bonds) with a source of funding is still short term. In 2003 until mid-2004, about 80-90 percent of time deposits represent deposits of less than three months. Meanwhile, the role of non-bank financial services institution that actually can be a long-term funding source for development financing is still not significant. Funds that accumulate in insurance services and pension funds are still constrained by the existence of investment restrictions that may be performed. In addition, the contribution of capital markets in the national economy as reflected in emission ratio value of stocks, bonds and rights issues to GDP is still about 2 percent in 2003.<br />
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Preparation of crisis prevention and management mechanism through the concept of Financial Sector Safety Net Indonesia until now has not gone as expected. There has been no consensus among the relevant institutions on the implementation of regulatory and supervisory functions of an integrated financial services (through the establishment of the Financial Services Authority / OJK). Function guarantee bank deposits (through the establishment of the Deposit / DIC), will be introduced in 2005. Thus optimality new operation will be formed a few years later.<br />
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In brief, the challenge to continue to create and consolidate economic stability is the possibility of good economic shocks from outside, among others, with the possibility of policy reversal from the advanced industrial countries of the loose monetary policy to a tighter monetary policy and rising oil prices , as well as those derived from the domestic form of the vulnerability of fiscal sustainability, yet solid state banking and other financial institutions, poor structural condition, which in turn can affect external imbalances, fiscal sustainability, and monetary stability.<br />
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B. TARGET<br />
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The achievement of macroeconomic stability by continuing to support the achievement of high economic growth and quality and increased capability of development funding, both from government and private sources.<br />
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C. POLICY DIRECTION<br />
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Economic stability is maintained through synergistic implementation of monetary policy and prudent fiscal policy implementation that lead to fiscal sustainability (fiscal sustainability) with still providing room for increased economic activity. Economic stability will be supported by structural reforms in various fields and increasing resilience by strengthening the financial sector and financial services regulation, protection of public funds, and increased coordination of the various financial authorities through the financial system safety net in stages.<br />
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FISCAL POLICY<br />
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In fiscal policy aimed at:<br />
1. Striking a balance between the increase in budget allocations to the efforts to strengthen fiscal sustainability through: (i) increase in state revenue for the state to raise spending, but still allows a gradual reduction in the budget deficit, (ii) formulate financing the budget deficit so as to avoid crowding out private sector financing;<br />
2. Increased state revenues mainly pursued through policy reform and tax administration and customs;<br />
3. Increased effectiveness and efficiency of state expenditures primarily pursued through:<br />
(A) a clear separation of authority between central and local government, followed by allocation of a greater balance funds to the regions;<br />
(B) refine the allocation of state budget with the reallocation of expenditure to be more focused and targeted, among others, by eliminating untargeted subsidy gradually.<br />
4. Improved management of foreign loans which directed the government to reduce the stock of foreign debt relative to GDP is not only but also in absolute terms, about U.S. $ 1-2 billion per year. Meanwhile, for loans in the country, pursued remains a sufficient space in the private sector through the net drawdown of less than 1 percent of GDP. Thus, the ratio of debt stock per GDP is estimated to decline to about <40 percent of GDP.bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com4tag:blogger.com,1999:blog-2569355475415845103.post-15164361626897510952010-12-18T02:51:00.000-08:002021-05-19T00:36:23.894-07:00ready to Housing Loans -10 years vs 30 years<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmm0Cu-cY1_swWynxpAmeVFcDOXWA2lupI7S2KdCrtumTpgqD65oWWNPnQia7OFHV4mjiHJlTSwS2_bXPB-p1OqKnppnn6cKkaEfj3XLuK09MByhdKrycdG44_4JIbh7j4OTfvBlsMLvP2/s1600/iep_house_front.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmm0Cu-cY1_swWynxpAmeVFcDOXWA2lupI7S2KdCrtumTpgqD65oWWNPnQia7OFHV4mjiHJlTSwS2_bXPB-p1OqKnppnn6cKkaEfj3XLuK09MByhdKrycdG44_4JIbh7j4OTfvBlsMLvP2/s1600/iep_house_front.jpg" /></a></div><br />
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Many are not sure .. if you want to buy a house for investment, how many years the best for us to borrow. 10 years? 20 years? 30 years? Select the shortest? Or choose the longest?<br />
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There are several factors that should we see: -<br />
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The first is the PURPOSE.<br />
Is your goal to buy a house? For investment or to live alone? If you make an investment, so you better take the longest. If to live alone, preferably take at least a short period. This is because, to live alone, we have to bear the interest rate the bank is out of our own pockets. As for investment, our tenants are very well satisfied that the bank will pay interest.<br />
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The second is AGE.<br />
If you are young like me ... Yes .. I'm still young even though hair is not already getting some looks ... Ideally, most loans take a long time. 30 years is good. Why? I will tell later. If you are aged 50 years .. you have no choice but to make a short term loan or get help from the kids to do with the loan.<br />
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There are four major reasons why we need to take loans in the longest period: -<br />
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1. The monthly payment to the Bank will Decrease.<br />
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If we make the loan in 30 years, monthly payments to the banks would be small. For example, if 20-year loan, the monthly fee is RM 800/bulan but if the 30-year loan it would be 600/bulan. If your house is rented only RM 600/bulan, there is no need to withdraw money from your pocket to finance the house. So your monthly cash flow is not reduced. Expenses if you can handle all of a sudden something happens such as no rent of 1-2 months. The hole in your pocket was not as much.<br />
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2. Cashflow can be obtained for other investment purposes.<br />
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If there is an excess of the monthly rent to the Bank, for example, a house rented by RM 800/bulan and monthly payment is RM 600/bulan, we'll have a cash flow surplus of RM 200/bulan. The remaining RM 200/bulan be used for storage in the ASB or the Mutual Fund are invested and generate higher revenues. Or we can put cash in reserve if there are problems in the future. Or extra money so we can save money for a deposit to buy the next house.<br />
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3. Can generate greater investment<br />
This is explained very well by Dr. Dolf De Roos Property Riches in his book. If we have money RM 100,000 .. we have the option to buy a house with RM 100,000 cash! Or we can buy 5 houses costing RM 100,000 to RM 20,000 deposit (20%) each and the rest to make loans to the banks of RM 80,000 (80%) each for 30 years.<br />
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Suppose that after 20 years of rising house 3x double ... You will find that your portfolio grow like mushrooms. People who buy cash of RM 100,000 RM 300,000 only gets the asset value only. But that borrowing will have a maximum of 5 x RM 300,000 = RM 1.5 million homes. After deducting the balance of the loan, the remainder stayed sekurang2nya RM 700,000. Or you can sell 2 houses and 3 houses to pay the debts of other ... You have assets worth RM 900,000! Tu has not been in the profit rent again! This is called financial leverage. You can read my article "The concept of leverage" in the articles of my choice.<br />
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4. Inflation in favor of you!<br />
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If you extend the payments to the bank, inflation will be favorable to you. How tuh yer ... Ok lah .. You buy a house with RM 500 per month payment for 30 years. You rent your house of RM 600 (with a positive cashflow RM 100/bulan). Now do you think RM 500/sebulan tuh very big ... But how after 25 years? The value of RM 500 per month may be time tuh only RM 100 per month because of inflation. But try and guess how many times the rental value? Maybe 25 years will come under increased RM 1500 a month right?. Why not take advantage of this inflation? SHJ not you get a profit from the rental of every month from the first year you borrow but you can profit every month for 30 years!<br />
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However, the planned strategy is dependent on your individual portfolio. There are some of us want to live free from debt. There was a bold risk. Ideally, all investments are appropriate respectively. Azizi Ali has written, may buy 5 houses in one year is too much, but who want to stop you to buy a house in the 5-6 seeds in 10 years?bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com1tag:blogger.com,1999:blog-2569355475415845103.post-28632700631573922862010-12-02T05:12:00.000-08:002021-05-19T00:36:14.933-07:00How To Get Excellent Credit Using Bank LoansBuilding credit is actually easier than you might think. It takes a little but of knowledge and the right information and you're on your way to build or obtain credit. Bank institutions are always serving people who have excellent credit and they reserve their loans to the people because they believe that the client will pay back the loan at a certain interest rate. But if you have bad credit or not, it may be difficult to get a good loan for a house or car and even if you get your loan will be in the interest rate ballooned, sometimes paying almost twice the level of someone who has good credit.<br />
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So what is the solution to this? What you should know is that to begin to clean up your credit, you need to begin to positively add to your file, and one of the most prestigious positive lines you can get a bank loan, the better you can have three at the same time.<br />
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To get started you will need around $ 1000, it is known that the money was not spent would be used as collateral to obtain bank loans to you. Next you need to find three top banks, consider using Bank of America, Chase and Wells Fargo bank. Once you find your bank know lay the ground work. For purposes of this article we will label the bank as A, B, C.<br />
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Go to Bank A with your $ 1000 and open a savings account, should have no problem doing this because most banks will open an account for you without a credit check. Once you receive your bank account go home and wait for 3 days. Back to the same bank and tell your bank officer that you wish to make a loan using your savings account as collateral.<br />
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Most of the time they will issue you a loan with no questions asked, but be prepared to answer the question whether they will come, for example, you might ask what is the purpose of the money. You may also be subject to a credit check but you should be given the loan because the savings you will act as security. Make sure you tell the banker that you want amotized loan installment payment for 1 year. You also will be frozen for $ 1,000 loan and when you pay back the appropriate monthly amount will be released to you. Once you have received a loan from Bank B to open a new account to deposit the amount of the loan.<br />
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Once again you will go through the process over again, and do the same for Bank C. Once you've completed, you are now having 3 to the lending bank you make payments per month, and all this will cost you is the price ratebbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com0tag:blogger.com,1999:blog-2569355475415845103.post-1708076958370861672010-11-11T04:00:00.000-08:002021-05-19T00:36:13.919-07:00loan for my shop<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiPItWKdyhOjLHc0rpAH6yYmd7l6r8HhBD36WtoEnmFHYyYzdozywnRO34hRb6wpwU_GAyctaQqrmmjgSuiB3wMZSEZh0O3_0EIkvGbA39Udz_j_h0XSS7vfpHTdd3XRh_syaWZdC-g3Zq/s1600/27bfbb6690b3731b5c04d3006b7e_grande.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiPItWKdyhOjLHc0rpAH6yYmd7l6r8HhBD36WtoEnmFHYyYzdozywnRO34hRb6wpwU_GAyctaQqrmmjgSuiB3wMZSEZh0O3_0EIkvGbA39Udz_j_h0XSS7vfpHTdd3XRh_syaWZdC-g3Zq/s320/27bfbb6690b3731b5c04d3006b7e_grande.jpg" width="320" /></a></div>Whether you are in the restaurant business for six months, six years, or in a family business as been around for 60 years, the one major concern is always going to be, cash flow. It's a simple fact of the business that without a consistent cash flow you could find yourself either of a lot of trouble, or a little bit of trouble, or not making payroll, and then the problems really begin.<br /><br />For those of us who started out in this business with excellent credit you find very quickly that Osama unknown reason within a year at 640 turns into a 580 or worse. Then you want to go to the bank and the guy gave you USD10,000, USD30,000 or even USD50,000, now looks at you like you grew third eye. Even if you're doing great it's a simple fact that the restaurant industry suffers greatly when it comes to traditional funding. In many cases this is the reason that you see restaurants with great reputations closing their doors when things get a little tough.<br /><br />Now you can approach your friends, family and neighbors and estimate they want to be part of a great opportunity. And for the most part everybody wants to be a restaurant owner, however, that same name only. It is an emotional tie and they understand how hard you work every day every night all weekend long to keep the business running smoothly and turning out a great product, you might get some investment. In most cases though, someone's got to say "I don't know anything about the restaurant business", as you be very assured that they have plenty of ideas on what you not doing right or what you need to be doing. So, we move onto the next group of people we might speak to about getting funding for a specific reason like furniture, fixtures and equipment known as dg&E in the restaurant trade. Or, you may want to change the menu, but I some equipment, hire a new chef or all or any of the above.<br /><br />This already cost money, serious money. And when you found the funding to get the ball rolling stay in business over year, which is usually the time most restaurants die out, even if they have decent traffic, you find that those sources have dried up. Going to the bank, which I mentioned above is not really a great option, because they want to know what you're going to do with every single dime, and then they have to approve it.<br /><br />Now if you choose to go this route the fun really begins. You have to offer collateral and I mean collateral. They want to see all your financials, personal checking, personal wealth, personal portfolio, mortgage statement and everything they possibly could find out about you from the day you went to high school, maybe even earlier. The idea of putting your house up as collateral for your business is insane at any level. Even if you could sell it to your spouse, which is really doubtful, it's a very, very, very bad idea. Going to some local businesses who are in the same industry, if you know the owner very well, sometimes they will extend you some financing if they have lived with the wherewithal and know that you have a strong establishment. There are more nefarious sources that are really won't go into as you might as well just close the door lock, if you have to go that way.<br /><br />There are several organizations that have a decent reputation in the area of working capital, better known in the textile trade as factory. They will offer funds based on your historical performance over a period of time. Generally 6 to 12 months as a rule. Naturally they will ask for some information, but nowhere near what a traditional bank or finance company will ask for. If you were current with your landlord, your vendors, and you not bad about writing checks, meaning no NSF's, and you cash flow is such that it will be able to satisfy the loan without putting you out of business in the meantime. They have a shot at getting funding for just about anything you want without having to detail exactly what if funding is for.<br /><br />The rates vary considerably depending on your creditworthiness but having said that, if you are incorporated, and have other members of the Corporation who have decent credit, if yours is not sufficient, then they can apply as an officer of the organization scratch that is an officer of the Corporation. The rates are more expensive than traditional loans, and the payback is generally within 6 to 12 months. You then assign a percentage of your daily receipts that they the funding company scratch that, the funding company, take electronically for your credit card processor, or E CH.<br />Some people say it's too expensive, and many cases it is, however, if this is a stopgap measure to get you over the hump or something you know that will generate more revenue and could justify the expenditure, then I'd say go with it.bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com1tag:blogger.com,1999:blog-2569355475415845103.post-46734929212396372462010-11-04T20:26:00.000-07:002021-05-19T00:36:12.720-07:00emergency cash<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1s-6tjhaTGDd-6qJSlrPJtTDLnLvO4me9lT1wP7-Y6ts6B9RyQVUaUuv6JnQWex_6O_g7MA3SjdJP4oC4eqGY6uG5TBRNIHhJ6CExB_nD_AOxN5CGe_4TIqzdUCH43P_NAMJ7Ui4Xk2Kr/s1600/cash-stash-emergency-money-keychain.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1s-6tjhaTGDd-6qJSlrPJtTDLnLvO4me9lT1wP7-Y6ts6B9RyQVUaUuv6JnQWex_6O_g7MA3SjdJP4oC4eqGY6uG5TBRNIHhJ6CExB_nD_AOxN5CGe_4TIqzdUCH43P_NAMJ7Ui4Xk2Kr/s320/cash-stash-emergency-money-keychain.jpg" width="320" /></a></div>Need emergency cash? Knee deep in dept and nowhere to turn? I know the feeling, and I suspect most people have been in a similar situation at some point in their lives. I have assisted people in managing debt over the last few years and have heard stories that would bring the most hardened person to tears.<br /><br />If you search the internet for personal loans or emergency money, you are likely to find many results but you must be careful. Many loan providers want you to believe they are helping you, but in truth they will charge you a hefty interest rate which can certainly do more harm than good. Look for sites and organizations that are not necessarily in business to make loans, but those that provide information.<br /><br />Some sites not only offer valuable information but also free money! A good informative site will not sell loans nor should they push you down the path of any given lender. In addition, some sites offer free money grants which can be used to assist with immediate financial needs. You may also consider a debt management service such as the National Foundation for Credit Counseling (nfcc.org). The NFCC offers budget worksheets, calculators and consumer tips. They also offer credit counseling which is great if you don't know where to begin.<br /><br />Create a simple budget. A budget in its basic form is simply the amount of income vs the expense on a given basis (for example, weekly or monthly). Once you have created a budget, you will have a better understanding of where your money is going. Nobody likes to be in a position to need emergency loans. Unfortunately, unplanned circumstances occur which place us in bad positions. Take comfort in knowing you are not alone and financial help exists.bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com2tag:blogger.com,1999:blog-2569355475415845103.post-14413282256099493692010-10-25T06:51:00.000-07:002021-05-19T00:36:11.740-07:00Releasing Equity From Your Home<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFJ989Kqj2gvySOwPSXWegGDcvLMN0s1NNfxQPncugYLKygAPgaOm4MvOYhR6hixCZuIYh1-zqK3YrjAkLonaZMsyNMdBkqEZeEieNucZn3dQpis-Q5bJE0zb9S0VPsDNMpiYOeO1Zpnd_/s1600/equity+release.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFJ989Kqj2gvySOwPSXWegGDcvLMN0s1NNfxQPncugYLKygAPgaOm4MvOYhR6hixCZuIYh1-zqK3YrjAkLonaZMsyNMdBkqEZeEieNucZn3dQpis-Q5bJE0zb9S0VPsDNMpiYOeO1Zpnd_/s1600/equity+release.jpg" /></a></div><br /><br />For home-owners wishing to release some of the equity from their homes, cash out refinance has become an increasingly popular alternative to home equity loans.<br /><br />But what exactly is cash out refinancing?<br /><br />The term "Cash out refinancing" refers to a transaction in which a new mortgage amount is borrowed that is greater than the existing mortgage amount. Enabling you to pay of your existing mortgage and "cash out" the leftover amount.<br /><br />For example, if you owe $100,000 on a home currently valued at $240,000, then you have $140,000 in equity. Provided your new mortgage loan is larger than $100,000, you can use the refinance loan to pay off what's left of your original mortgage and pocket the difference.<br /><br />Why release equity?<br /><br />Many people use this released equity to pay off consumer debts such as credit cards, store cards or personal loans. This certainly has its advantages. Paying off these debts using your mortgage can significantly reduce the monthly interest rate from 20% (or higher) to as low 5 to 9%.<br /><br />Home improvements<br /><br />Another popular reason that many opt for cash out refinance loans is to make improvements to their home. Choosing to invest some of the released equity back into your property is a very wise decision. Carrying out major home improvements increases your homes value and lowers the loan to value ratio. This is a great way to regain some of the equity that has already been released.<br /><br />Future investments<br /><br />For some home-owners a cash out remortgage can be beneficial for investment purposes. If you can invest your money elsewhere at a better rate of return than the interest rate charged on the remortgage, then this can be a worthwhile route.<br /><br />Remember, like all other types of loan, refinancing a mortgage has its costs and you may be charged a higher rate of interest by your lender. Before taking on a cash out remortgage, obtain some mortgage quotes and make a risk-based assessment (taking into account all hidden costs) to work out whether extracting equity from your home is economical for you.bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com0tag:blogger.com,1999:blog-2569355475415845103.post-44046600660213385552010-10-25T06:48:00.000-07:002010-12-01T15:13:10.052-08:00Effective Way of Improving Your Bad Credit<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEinpjySh2UIYwqHEUe1Fy7HD3NXAg-vhyJfgrR_Csgdv5YOJaXS92790jigNlnC1agj7cCsnqdfIH1MXhKoLfw6k6x7s5b63s8q1vZd6yrufeiBeDlgOgvNZD_DdbQM2Get11bihoPpvc1b/s1600/fix+bad+credit+01.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEinpjySh2UIYwqHEUe1Fy7HD3NXAg-vhyJfgrR_Csgdv5YOJaXS92790jigNlnC1agj7cCsnqdfIH1MXhKoLfw6k6x7s5b63s8q1vZd6yrufeiBeDlgOgvNZD_DdbQM2Get11bihoPpvc1b/s1600/fix+bad+credit+01.jpg" /></a></div><br /><br />It's undeniable, many Americans work and earn payday after payday only to give almost all their earnings to the credit card company which they owe so much money. You might be one of these Americans too. If you are, then you must have realized by now how your impulsive and compulsive credit card swiping can bring so much dent on your financial standing. Maybe because of your delinquent spending, you gained a bad credit rating. Fret not, you can regain your good standing and pay out your credit card debts at the same time by taking out one of these instant unsecured loans.<br /><br />You may be thinking: how can that be possible? How can taking out a loan make me improve my credit rating? Well, for one, you can take out a big loan amount, big enough to pay out your credit card debt. This will definitely shoot your credit rating up. Then, if you pay the loan religiously according to the defined terms and agreement, you can further improve that credit rating. And so the next time you really needed instant cash for your financial emergencies, you can do so with a good credit rating and therefore get it at a lower interest rate.<br /><br />Yes, this type of loan does come with a high interest rate and that is not surprising at all. Lenders take a lot of risk when they invest money on you and so they are bound to protect their investments by charging high. That shouldn't stop you from taking out the loan however; because you see, if only you plan your borrowings carefully, you will make it work for your advantage.<br /><br />The good thing about these bad credit loans is the convenience and speed of the application and approval process. Most lenders don't require credit check or your properties for collateral and would only need you to fill-up and submit an online application form. Some lenders would need you to submit some pertinent documents as well such as a proof of your employment; some lenders don't. So you only need to wait an hour or so and you are guaranteed of approval. It's that easy and fast.bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com0tag:blogger.com,1999:blog-2569355475415845103.post-59332469823569437122010-09-09T23:37:00.000-07:002021-05-19T00:36:09.121-07:00How to Secure Home Improvement Loans?<div id="body"> <div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9qgNsV4bpRbpyXSaGlyQfTeNtixYKNs1BVGyIa2jNMkw5RH9ma6h17oSoSLvhGwtAvr4nFkJtzj2fUrtxNIc7lY0-MkxIB8ZT04yMhYlYGHkJn6olDww-YYi8SaMnSg-7Y_RUKAFI0C0-/s1600/012503_real_home_loan.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9qgNsV4bpRbpyXSaGlyQfTeNtixYKNs1BVGyIa2jNMkw5RH9ma6h17oSoSLvhGwtAvr4nFkJtzj2fUrtxNIc7lY0-MkxIB8ZT04yMhYlYGHkJn6olDww-YYi8SaMnSg-7Y_RUKAFI0C0-/s320/012503_real_home_loan.jpg" /></a></div>Everybody has a dream of remodeling your own home and transforming it into a wonderful haven, but not everybody can afford to do it. So the next alternative is to secure a home improvement loan that can help you to realize your dream. Such loans are usually provided by almost all kinds of banks and non- banking financial institutions and you will discover that securing such a loan is not quite difficult provided you have excellent credit ratings.<br />Primarily, you have to decide the amount that you plan to take a loan for and this depends to a large extent on how much remodeling you are planning to get done. If you plan on just minor remodeling, a mere personal loan can help you out, but if you are planning on an extensive renovation procedure, the best idea would be to secure a home improvement loan.<br />It is vital that you get to know in detail how the loan that you get is going to work with your mortgage. Ensure that you have a thorough knowledge of the terms of contract, rate of interest and terms of foreclosure before you get the loan. It is always advisable to sanction a loan from a reputed bank or financial institution so that you do not get cheated in any way. Check out the credentials of the institution you plan to secure a loan from and all the terms and conditions put forward by the firm. Always settle for a firm that offers you the most reasonable interest rates and easiest repayment options.<br />With the vast advances that have been happening in the field of science and technology, now you can even apply for a home improvement loan or any other kind of loan you require online from within the comfort of your own home with just a few clicks of the mouse. There are a number of websites of different companies who specialize in such loans and you can get all the details that you need from the net easily.<br />The biggest advantages of such loans are that they have extremely low interest rates compared to other kinds of loans. Their repayment methods are also easy. You can either opt for a low rate of fixed interest or settle for an adjustable interest rate depending on your income. You can even go for a bad credit home improvement loan if you happen have a history of bad credit. As a result these loans are becoming extremely sought out today.<br />So what are you waiting for? Go ahead and apply for such a loan today itself if you intent to get your home renovated and do not know how to go about it. You can be assured that such a loan will not disappoint you and will certainly help you to achieve your dream of making your home a better place to live in.<br /></div>bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com1tag:blogger.com,1999:blog-2569355475415845103.post-32314366848648491242010-09-07T09:19:00.000-07:002021-05-19T00:36:07.387-07:00Federal Loan Fraud<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjT1KhvOeZsYT5coz2L7OhZieBGmLwpE4tnSjUVu5qYy-UURzPLqAgpgMByL9uViV6HRt7Cdfvn-MfeYzfy5fzPlG0xX48EYL3nN2BIFXLux1pb_v4PZB706DTEzIpbjwAlgjba6peFGoQT/s1600/stop_loan_fraud.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjT1KhvOeZsYT5coz2L7OhZieBGmLwpE4tnSjUVu5qYy-UURzPLqAgpgMByL9uViV6HRt7Cdfvn-MfeYzfy5fzPlG0xX48EYL3nN2BIFXLux1pb_v4PZB706DTEzIpbjwAlgjba6peFGoQT/s320/stop_loan_fraud.png" /></a>In the current economy, many individuals and businesses do not have the financial resources for new ventures. However, to help these people as well as the community, the federal government offers loans for everything from housing developments to schooling. While this financial help is meant to benefit the community, not all individuals and businesses use this money as they should. This constitutes federal loan fraud.<br />First, there are several different types of loans that are backed by the federal government. One very common type of loan is for college students. These typically have lower interest rates than if the money was borrowed from the bank. Other forms of government loans include:<br /><ul><li>Small business loans</li><li>Loans for farmers</li><li>Housing and Urban Development (HUD) loans</li><li>Veteran's Administration (VA) home loans</li></ul>Applying for this financial help is a strict process, and people and companies must meet certain requirements in order to gain approval to receive loans. For instance, for small business owners, the company must fit in a truly "small" category. Additionally, it must operate in the United States or plan to operate here. This also creates more jobs for the community.<br />However, sometimes entities will falsify this information in order to make it appear as if they qualify for federal loans. Also, they can use insider information or connections to move them ahead of other individuals or corporations applying for federal loans.<br />Sometimes, people will commit fraud after they receive the money. The government can regulate the way the loan is used, but some individuals or companies can turn around and use this money for other reasons than allowed by the loan's contract.<br />Federal loan fraud steals government money from legitimate individuals and businesses and instead gives it to people who may only use these finances for their personal benefit. If you are aware of any federal loan fraud, you can pursue justice on behalf of the government. Should your case prove successful, you can receive a portion of the damages awarded to the government. This is called Qui Tam law.bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com1tag:blogger.com,1999:blog-2569355475415845103.post-3830209372772366782010-08-30T19:25:00.000-07:002010-12-01T15:13:10.098-08:00How to Secure One Today<div id="body"> If you are in the market for a $15,000 loan, then you may have come across some problems in finding a lender willing to extend you that loan. This is especially true if you are someone who has a bad credit history and needs the loan quickly. So what can you do if you have a poor credit score and need a fast $15,000 loan? Here are a few things that you can do in order to increase your chances of securing the loan.<br />The main thing you need to do is to lower your credit risk that you pose to the bank. Basically, your poor credit score is telling the bank that they have to take on a high risk to extend you the loan, and most banks won't do that. However, there are two things you can do to decrease the risk the bank takes.<br />First, you can offer to secure the loan with some form of collateral. For example, you can offer some of the equity in your home, your car, or other valuable assets that are easily sold to the bank. Then, if you don't pay the loan the bank can take those assets, which lowers the bank's risk.<br />Second, you can find someone who would be willing to co-sign on your loan. Find someone who has a good credit score (a credit score above 700 is recommended for $15,000 to $25,000 loans and above), has steady income, and has a relationship with the bank.<br />Doing these two simple things will go a long way in helping you to secure the loan that you need. Don't expect miracles, but taking out such a loan is definitely possible if you follow these pieces of advice.<br /></div><div class="sig" id="sig"> Craig has been helping people get information on how to secure everything from $ <a href="http://immediatecashloans.org/15000-loan/" target="_new">15000 loans</a> to $ <a href="http://immediatecashloans.org/how-to-get-a-25000-loan/" target="_new">25000 loans</a> for quite some time. If you need help securing any type of loan he is the man to talk to.<br /></div>bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com1tag:blogger.com,1999:blog-2569355475415845103.post-17233357524271219002010-08-02T04:55:00.000-07:002021-05-19T00:36:04.679-07:00Can Anyone Get a Personal Secured Loan?<div id="body"> If you are in your thirties or older, then you remember the days of walking into a bank to get a loan. Nowadays, most people barely even go into their local branch, and they certainly are not on a first name basis with the bank employees. So, when it comes time to get a loan, you don't really have a friend in the bank anymore. That makes it tough for a lot of people, especially those with low credit scores or past bankruptcies and sometimes the only loan they can get is a personal secured loan.<br />A secured loan is one in which you offer up certain possessions that you already own, such as the title of your car, and this makes the lender feel a lot more comfortable about loaning you money. In the past, you would actually have to bring the item to the lender, such as in the case of a pawn shop, but now most personal secured loans are obtained online and there is no need to prove that you actually do own what you are collateralizing.<br />Almost anyone can get a personal secured loan these days, and there are few qualifications that are set in stone. Perhaps the one qualification that is required almost across the board is the necessity to be a legal resident of this country. If you do not have a passport, a driver's license, or some other form of government-issued identification, then you will have a tough time getting a loan. In fact, you may be better off just looking for a loan from your host country.<br />However, if you are legal, you are over eighteen years old, you have a job, and a phone number where you can be contacted, you should have no problem at all getting a loan like this.<br /></div><b>Dana Kilstein</b> is a researcher, bloggbbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com4tag:blogger.com,1999:blog-2569355475415845103.post-58124836332074731822010-07-26T17:37:00.000-07:002021-05-19T00:36:20.680-07:00An Expedited Way to Solve Temporary Financial Problems<div id="body"> <div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiCmh1Wvuf_Stb7V6ZzPtD5d2pTzylCW5x_HjeNtvmZxrpW9ZzvocemLl8kYA-7FqdRarSp2gmDL0uyjPG1oLXY0BZAzxzuNegieZR6AOn8ooC_4bqp8y-NUfie4eoli-PFW1bU0DMpfb4O/s1600/images.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiCmh1Wvuf_Stb7V6ZzPtD5d2pTzylCW5x_HjeNtvmZxrpW9ZzvocemLl8kYA-7FqdRarSp2gmDL0uyjPG1oLXY0BZAzxzuNegieZR6AOn8ooC_4bqp8y-NUfie4eoli-PFW1bU0DMpfb4O/s320/images.jpg" /></a></div>Every single one of us at least once had faced a situation where money was needed fast. For some it was a force-majeure, such as a leaking roof or a car breakdown, for others - a forgotten utility or a doctor bill that was becoming overdue, while laying somewhere in the table drawer. Many people may not find these cases critical, as there is money in the savings account that would easily cover an unexpected bill or a family member who would lend cash until the next paycheck. For some people, however, facing unexpected spending could be a disaster, as they have nowhere to turn to get cash quickly. For such people there is a perfect solution in form of emergency loans, that takes the hassle out of the way. Now, what do these loans feature and how to get them?<br /><b>Emergency Loans Feature Quick Turnaround</b><br />As emergency loans have been designed to provide expedited financial assistance to people facing unforeseen expenditures, their best feature is their speed. They are quick to get - very often in less than a day. Most applications are preapproved instantly. After initial approval, there is some verification done that rarely takes more than few hours, provided the borrower has everything a lender requires. Once the verification process is completed, a loan agreement is signed and the funds are transferred to the bank account of the borrower. In a vast majority of cases, borrowers see the loan proceeds in their bank account the next morning.<br /><b>Emergency Loans Offer An Unparallel Convenience</b><br />Most people associate getting a loan with a trip to the bank, a conversation with a loan officer, and a pile of paperwork to do. All above, besides being very time consuming, is very inconvenient. Moreover, very few people can afford to waste time in emergencies. Unlike traditional loans, emergency loans feature seamless application, approval, and loan-granting process that may be completed entirely online in a small fraction of a time a traditional loan processing would take. Information technology allows for instant identity confirmation, credit check, and employment verification. Moreover, most lenders practice electronic agreements, so there is no need to make a trip to the lending office to sign the documents. The entire process from initial application to the funds disbursement is done online, quickly and conveniently.<br /><b>Flexible Terms Benefit Borrowers</b><br />While emergency loans are known for having higher interest rates and charges when compared to traditional loans, they offer very flexible terms, often outweighing the inflated cost of borrowing. Emergency loan lenders typically do not endorse prepayment penalties, and most loans may be paid off earlier, saving borrowers money on interest. In addition, repayment terms may be adjusted based on individual circumstances even after the loan terms are agreed upon. If a borrower needs more time to repay the loan, lenders often provide extensions for an additional fee. Emergency loans have an auto pay feature, allowing a borrower not to worry about sending checks, as scheduled payments are conveniently withdrawn from a checking account. In addition, emergency loans are easy to find, as more and more lenders offer them online - all you have to do is to spend a couple of minutes in front of your computer.<br /></div>bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com1tag:blogger.com,1999:blog-2569355475415845103.post-22283418443558256442010-07-21T22:14:00.000-07:002021-05-19T00:35:59.350-07:00Tips For Selecting Housing Finance CompanyIt is often said that buying a dream home requires huge expenditure for most of the investors. Some people spend a long period of time, garnering their savings to fulfil this dream, while others opt to take a loan (credit) to fulfill this dream.<br />Having done your self assessment about the repayment capacity, location of your dream home, amenities and other fancies that you would like your dream home to have. It's time for some serious exercise of selecting your HFC.<br />Selecting a HFC requires extreme care and proper consideration, and therefore following the under-mentioned pointer will make this exercise easier. Past record of such institutions should be properly checked as it will be a long term relationship between you and institution. Ensure that the whole task does not end up becoming a whole day headache or nightmare for you, thus prudent steps while deciding upon the financer.<br /><b>1. Rate of interest</b><br />This is where it all begins. Although the rate of interest offered by most HFCs is more or less the same on paper, some degree of bargaining in most cases, leads to a lowering of rates by as much as 0.25 to 0.50 percentage points. More so if your profile happens to match the requirement of the HFC. The lowering of interest rate has a significant impact over the long term although the difference is not so noticeable over the near term. For instance, a 0.50% interest rate 'concession' on an Rs 1,000, 000 loans over 20-year tenure will reduce your liability by upto Rs 72,000. But care needs to be taken to ensure that the difference is not being offset elsewhere by the HFC under the guise of other 'charges'.<br />One must also be careful about teaser rate offer, as they are sometimes really teasing. They benefit you for a short-term - say couple of years (till the fixed interest rate tenure), but later as floating rate starts applying they dig a bigger hole on your wallet.<br /><b>2. Calculation of the exact home loan amount</b><br />Here, HFCs differ in their calculation of the loan amount to be disbursed. Some HFCs calculate the amount to be disbursed on the basis of, say, the gross salary while some HFCs calculate it on the net salary. This might make a difference to individuals as the loan amount and the EMI will vary across HFCs. One needs to look into this and get a comparative analysis done across HFCs, to understand which HFC offers the best deal. Also one should check whether the HFC is offering pre-EMI and tranche based EMI repayment option. This will help one whilst taking loan for an under construction property, as this gives them an option to pay interest only on the portion of the loan disbursed or to choose the instalments they wish to pay, till the time the property is ready for possession.<br /><b>3. After-sales service</b><br />And you thought after-sales service was synonymous only with consumer durables! No - it applies to practically everything, and so also applies to HFCs. In fact, it is very crucial while choosing an HFC. An HFC can differentiate itself with excellent after sales. Take the example of post-dated cheques (PDCs). It is general practice to give 36 PDCs during the time the loan is disbursed. It is after 36 months are over that after-sales will play a role. How diligent are the HFC's follow-ups? Are they prompt? Are reminders timely? Moreover, during the financial year-end, the HFC should be punctual in giving the borrower interest paid certificate (components of interest and principal amount paid in the financial year) so that he can file the necessary documents for availing tax benefits (under section 24b and 80C of the Income Tax Act) on home loans.bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com2tag:blogger.com,1999:blog-2569355475415845103.post-65207115954097011082010-07-19T01:56:00.000-07:002021-05-19T00:36:18.650-07:00Get a Secured Bad Credit Loan<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHtcsFBSDYolAYgx_Kuqq6FMhTQiWBH5IkBYOJzWdkJ3ezeII2Yoln38-JFxwH-WjI3Qs_wHaK0ZGElPUNKWEo4scbEooK7ygCk-Xj0nBJ3zhyphenhyphen8MguSsNRwkYCAzQbQ1p4wvqifEferG40/s1600/images.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHtcsFBSDYolAYgx_Kuqq6FMhTQiWBH5IkBYOJzWdkJ3ezeII2Yoln38-JFxwH-WjI3Qs_wHaK0ZGElPUNKWEo4scbEooK7ygCk-Xj0nBJ3zhyphenhyphen8MguSsNRwkYCAzQbQ1p4wvqifEferG40/s320/images.jpg" /></a></div>If you need money now, but have been repeatedly turned down for unsecured personal loans, you may still be able to get the cash you need with a secured bad credit loan. A secured loan is one in which you offer something as 'collateral' to guarantee your repayment of the loan. If you don't repay the loan within a specified period of time, the lender has the right to take possession of the collateral and sell it to recover their money. Secured loans are designed to help those with poor or no credit get the loans that they need. Additionally, because the security deposit (another name for collateral) guarantees that your lender will be able to recover his money - most lenders will extend loans with lower interest rates than the same loan with no security.<br />The most common types of collateral are real estate or automobiles, though it can be anything that is equal or greater value than the amount that you borrow. In most cases, you don't give up physical possession of your car or home - you can go on driving it or living in it as long as you continue making your payments on the loan. Instead, you sign a note that gives the lender a legal right to the title or the deed to your car or home. If you default on the loan - don't make the payments that you've agree to make - then the lending agency can take possession of your property. If it's an automobile, it's commonly called repossession. For real estate, it's called a foreclosure. In either case, the lending agency has the right to sell your property in order to recover their loan.<br /><br />While autos and real estate are the most common types of collateral, some lenders will lend money with jewelry, coins or other collectibles or other types of vehicles. Most often, if you secure a loan with an item like jewelry or collectibles, the lending agency will take possession of the item until the loan is repaid.<br /><br />How to find a secured loan if you have bad credit<br /><br />Many lenders - banks in particular - don't deal in any sort of secured loan other than second mortgages. Other institutions deal almost exclusively in secured loans. Finance companies that deal in secured loans can be found in your phone book, newspaper, and increasingly, online. Shop around and compare interest rates on loans and the terms of repayment with several different lenders. You'll find many internet sites that let you request a loan rate quote from multiple lenders at once.<br /><br />Once you've submitted a request for a loan quote, you'll be contacted by representatives from several companies and can get a good idea of what each can offer you in terms of interest and other finance charges and fees. Choose the best one for your needs, and apply for the loan. It's that easy.bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com2tag:blogger.com,1999:blog-2569355475415845103.post-90206301843492399892010-07-19T01:38:00.000-07:002021-05-19T00:35:55.813-07:00Quick Finance at Lower RatesSometimes you have to face unseen huge expenses which can not be fulfilled with fixed salary. These expenses demand extra efforts. An emergency need of finance in the middle of the month is capable to destroy the budget. Instant secured loans can be the best solution for such financial issues. Applicant is required to pledge the collateral against the money and can obtain cash instantly. Collateral can be anything like home, property, real estate, automobile, shares, valuable goods or documents. Consumer can still use the collateral in day to day life, but does not have right to sell it unless repay the money to lender.<br /><br />The process is really fast of these fast secured loans. The sanctioned amount can be anything ranging $5,000-$100,000. Generally loan amounts depend on the value of asset, purpose and repaying capacity. Lenders offer the repayment tenure 5-25 years. Banks provide low interest rate loan to borrower in the presence of security deposit. Any individual from United States can easily apply for it, the process of the money is very simple and comfortable to obtain. Individual can make the first step towards money by providing certain information like, name, address details, financial statement or details, contact details, collateral details.<br /><br />Instant secured loans are available online too, so you can find the solution of all financial issues in one room. There are many websites who have contract with top lenders of financial industry which provide the cash without any barrier. Internet is the biggest reason behind the instant approval of loan. To fetch the perfect deal, consumers are advised to do complete research online about the products and services. Research helps a lot to compare the deals of various banks together.bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com0tag:blogger.com,1999:blog-2569355475415845103.post-81067977104127569052010-07-19T01:34:00.000-07:002021-05-19T00:35:53.803-07:00Can Anyone Get a Personal Secured Loan?If you are in your thirties or older, then you remember the days of walking into a bank to get a loan. Nowadays, most people barely even go into their local branch, and they certainly are not on a first name basis with the bank employees. So, when it comes time to get a loan, you don't really have a friend in the bank anymore. That makes it tough for a lot of people, especially those with low credit scores or past bankruptcies and sometimes the only loan they can get is a personal secured loan.<br /><br />A secured loan is one in which you offer up certain possessions that you already own, such as the title of your car, and this makes the lender feel a lot more comfortable about loaning you money. In the past, you would actually have to bring the item to the lender, such as in the case of a pawn shop, but now most personal secured loans are obtained online and there is no need to prove that you actually do own what you are collateralizing.<br /><br />Almost anyone can get a personal secured loan these days, and there are few qualifications that are set in stone. Perhaps the one qualification that is required almost across the board is the necessity to be a legal resident of this country. If you do not have a passport, a driver's license, or some other form of government-issued identification, then you will have a tough time getting a loan. In fact, you may be better off just looking for a loan from your host country.<br /><br />However, if you are legal, you are over eighteen years old, you have a job, and a phone number where you can be contacted, you should have no problem at all getting a loan like this.bbymomohttp://www.blogger.com/profile/02768643546510706082noreply@blogger.com0