Friday, August 31, 2012

What You Need To Know About Boat Sales In Today's Economic Condition

Some facets will have to be thought about when you are about to buy a boat, one of those will be whether it is best to purchase a brand new boat, or a used boat. This is actually is dependent on your individual preference, and there are some great deals to be had it does not matter what you select. The prime consideration which is advisable to look for is class. If a boat is clean and in a good condition, then it is more likely that it will be trouble free for its owners.

If you purchase a boat which seems to be a real bargain, particularly if they are charging a lesser amount than boats of the same type, then caution must be followed. Motors, rudders and other major mechanisms can cost a small fortune if they stop working. In the matter of boat sales, buying an inexpensive boat and getting the finance to be able to pay for it is required - but if you then have to spend tens of thousands of dollars on keeping it in a running condition, you may regret your purchase.

As long as you are buying a good product, then you should not have reason to worry. But always do make your enquiries; check out what is the cost of models of the same type in other places, and be wary of a cost that is much less than normal. If it looks too good to be true - it usually is. Having said that, because there is no blue or red book in the matter of boat prices; prices do tend to differ much more than with cars.

Through the entire country car prices remain about the same, because prices are harmonized from the blue and red books by dealers.When it concerns to boats, these standards do not exist. The price is really down to how much the seller wants, how anxious they are to sell, and how much it is worth to the buyer.

For this reason, there's a lot more potential to bargain and bargain - in order to bring the price down. It helps if you have your finances approved in advance so that you can do this more with better results. You should have had a look at the financial prospects, including getting the accurate finance deal to cover the purchase of the boat. Knowing how much you can actually afford, and having the finance already approved gives you the opportunity to get yourself a good deal.

In the case of financing a boat - for the majority of
people the second most expensive item they'll acquire - it's essential to have the right money arrangements. Even though it is occasionally possible to acquire a boat loan which will cover the price of your purchase, generally this isn't the best idea. It isn't sensible to visit your local bank and ask for a boat loan. Your local bank will possibly not know much about boat sales, and so will not be able to offer you any advice regarding the sale, the price, depreciation value, insurance and other related costs and implications.

Instead, it's always sensible to use a company which knows about the sale of boats, and all the features of purchasing a boat which will have to be taken into consideration. As an example, most boats will need some amount of insurance cover. Unfortunately, boats do get vandalized, and weather conditions can also cause harm, or even sinking or capsizing. These will need to be taken into account. How will you repay the loan if the boat was lost or spoilt?

Saturday, August 25, 2012

Mistakes To Avoid When Leasing An Office Space

An office space is one of the biggest investments you make in your business. And it's not just about purchasing a property outright. Even when you lease an office, there is sizeable money involved. Choosing the wrong kind of office could mean a sizeable loss of your hard earned money. If you are a start-up, it could be much worse.

If you looking for an office on lease, you would do well to avoid these rookie mistakes. You learn from your mistakes, but when you can learn without making them, it's even better.

Wrong assessment of the space you need

This is one of the most common mistakes people make when looking for a leased workplace. You don't want an office that is too small, as it can hamper your growth plans. And you don't want an office that is too large, as it leads to wastage of space. It is another matter if you are getting a large office at the price of peanuts, but that's hardly the case. Make a proper assessment of the kind of space you would need for your team. Hiring a consultant or an architect in that regard is a wiser decision than wasting your money.

Not checking the condition of furniture etc.

When you sign a lease agreement for a commercial space, there is often a clause which states that furnishings are in good order and that any damages to furnishings would be borne by the tenant. Most times, however, people fail to check the condition of the furnishings. Before you sign on the dotted line and move into office, make sure you check the condition of the chairs, tables etc. More importantly, if the office has an HVAC installed, get it checked by an expert. It could save you plenty of money.

Assuming that the owner is an all-powerful being

While lease agreements list the terms and conditions under which the agreement holds good, that does not mean that the terms are non-negotiable after you have signed. You can always negotiate with the owner about an early termination of the lease, or any related stuff if things don't go as planned. It just takes good negotiation skills.

Doing things haphazardly

This is a common devil which hurts business owners time and again. Finding a god office space takes time. Don't rush into things because you will end up burning your fingers. Start looking for an office space at least 3-4 months prior to the time you think you would need one. Even if it takes longer, it is worth the effort. It is better to get a virtual office suite for yourself in the meantime rather than rushing the job. A virtual office suite gives you services such as conference rooms on demand, call handling services etc. Thus, a virtual solution gives you enough time to look for an office which is to your liking.

Thursday, August 23, 2012

Important HIPAA Information For Healthcare Workers

As a healthcare professional you realize the importance of your patients. Your main duty is to care for your patients and protect them from further harm. As a healthcare worker you are constantly training and updating your knowledge to better serve your patients. Not only is this training important to you and your patients many times it is the law. As your patients enter the healthcare facility they want to know the professionals are well trained and follow important rules and regulations. One important regulation that you should be following is the Health Insurance Portability and Accountability Act (HIPAA).

HIPAA was introduced by the United States Congress. This act protects your insurance coverage when you change or lose your job. HIPAA also calls for the regulation of electronic health care information. Because of HIPAA all healthcare related workers must be trained according to the regulations and rules. Getting your HIPAA training can be simple and easy.

2 Tips For Getting Your HIPAA Training

The Health Insurance Portability and Accountability Act has several methods for receiving training. You can attend training sessions at work or in a classroom. Many healthcare employers will set up training sessions at their place of work as an easy way to ensure all their professionals are trained. Other training sessions are offered at local facilities. The training times available will vary depending on your location. If you are a healthcare worker it should not be a problem finding time for your training since it is a requirement for your job. Your employer should allow you to have ample time away from your work to complete the training.

Another great way to get your HIPAA training is through an online training course. This is a wonderful way to receive your required training. With an online course you can easily work around your personal schedule to get your training. Online course are much friendlier for the working professional. You can work on your training any time of the day from the comfort of your home. Spending several hours after work at a land based training facility could be a damper on your evening. Allowing you to train from home on your own schedule is the major benefit of online HIPAA training.

Now that you realize how simple it can be to get your HIPAA training you should enroll in a class today. During your training you will be asked to study the information and learn it thoroughly. For each section of the training you will be required to pass a comprehensive test. This will prove that you fully understand the regulations. After you have completed your training and passed your exams you will be HIPAA certified.

With your certification your patients will be at ease and you will be legal to work. Your patients are your top priority and you want them to feel comfortable working with you. Your HIPAA certification will let your patients know you are qualified to handle their material in a secure and sensitive way.

Thursday, August 16, 2012

Nine Mistakes Dog Bite Victims Should Avoid - Part #2

In Dog Bite personal injury cases, there are certain mistakes to avoid so you have the greatest chance that the insurance company will pay out the maximum amount of dollars to settle the claim. Here are the mistakes to avoid:

Mistake #4 - Giving a recorded statement to the insurance company. If the dog owner has insurance, the carrier will almost always ask you for a recorded statement. Don't do it! The statement will be used by the company to look for any "holes" in your story. There are always minor discrepancies, and sometimes errors, when a person is asked to recount a traumatic incident. The carrier knows this and will use these to either reject your claim entirely or to minimize the amount of compensation it has to pay out. The only reason to give a statement is to help the insurance company. Sometimes it may be beneficial to give a statement to the company, but you should always consult with an attorney first to determine if that situation applies to your case.

Mistake #5 - Signing insurance company forms and medical authorizations. For the same reasons you should not give a recorded statement to the insurance company, you should not sign any forms or medical authorizations that it requests. Again, these forms are used to protect the carrier's interest. The insurance company will be looking for any information in your past medical history to build its case against you. In one case of mine, the client had executed medical authorizations allowing the company to dig far back into her medical history. These records revealed unflattering information about my client to the extent that the information damaged her reputation and made it difficult for me to settle the case for a much higher amount. Please don't help the insurance company by signing documents it asks you to sign.

Mistake #6 - Failing to document everything. You should write a statement about the incident while everything is fresh in your mind. Your claim may take many months, or even years, to resolve. Writing things down will help you to record and recall important facts that may be useful later on. You should keep a file to store documents, photographs, and records related to the claim, like receipts, medical records, names and phone numbers of witnesses, correspondence from the insurance company, the address and phone number of the dog owner, information about the dog, investigative reports from the authorities, etc. If you decide to hire a lawyer, your file of records and documents can provide enormous assistance to the attorney and his or her staff in representing your interests. I remember one case where the person had previously written down the dog owner's name, address and telephone number, but then lost this piece of paper by the time he came to see me nearly three years later. By that time it was virtually impossible for me to track down the identity and location of the dog owner so I had to decline the case (which I believed had a settlement value of at least ,000 to ,000).

Mistake #7 - Settling your claim too soon, or appearing too eager to settle your claim soon. If the injuries are severe, it may take many months or years before your injuries heal or before they reach maximum improvement. The insurance company will likely want to pressure you into making a quick settlement. Don't! The carrier knows that quick settlements mean much lower pay-outs. And if you have experienced any disfigurement or scarring, it may take a long time before the doctors know whether it is permanent or whether future revision surgery may be necessary. The existence of permanent scars or disfigurement can dramatically increase the value of your claim, so you are always wise to wait to resolve your claim.

Monday, August 13, 2012

Gross Domestic Product Not A Good Measure Of Economic Health

The percentage of growth in GDP is used, at times, to measure health of the economy. The United States GDP estimate has been downgraded recently to just a couple percentage points. News reports often cite the Gross Domestic Product to explain the health of the economy. Economic progress, however, is far too complicated for one number to measure. The GDP is simply outdated. Article source - Why GDP is not the best measure of economic growth by MoneyBlogNewz.
What you need to know about the Gross Domestic Product
The entire value of goods and services in a country is represented by the GDP. GDP began as a measurement of the standard of living in various countries, however it is used in several other ways. Finding the GDP takes a special formula. It calls for adding up government spending, exports, gross investment and private consumption. Congress was given a report of Gross Domestic Product in 1934 for the first time. Simon Kuznets put it together. Decisions were made by the Federal Reserve on this. That is what the GDP was good for.
The information measured by the GDP
The limitations of the Gross Domestic Product have been clear for a long time. The "real" Gross Domestic Product is released by the Bureau for Economic Analysis that adjusts the number. Without that adjustment, the GDP would always appear to be growing with the rate of inflation. The Consumer Price Index, which is a way of measuring the inflation or deflation of the cost of most household goods, also has no impact on the Gross Domestic Product. Even though the American has less income if households go up by 400 percent, the GDP will go up.
Comparing GDP with credit card
Since negative numbers aren't taken into account, the Gross Domestic Product has the biggest problem with that. To translate the Gross Domestic Product in terms of a household budget, it would be as if you calculated the health of your household finances based on how much money you spent -- both in cash and on your credit cards. There are several things left out. There is the possibility a mortgage payment won't be made, the spending budget could be damaged and eventually the cards have to be paid. Measuring the economic growth of the United States -- or any country -- based solely on Gross Domestic Product is too simplistic to be accurate.
Citations
The Money Alert
themoneyalert.com/GDP.html
Blogging Stocks
bloggingstocks.com/2010/09/10/economists-lower-2011-u-s-gdp-growth-forecasts-to-2-5/
Investopedia
investopedia.com/study-guide/cfa-exam/level-1/macroeconomics/cfa3.asp

Saturday, August 11, 2012

Gaining Card Advantage: Cheap Magic The Gathering Cards

For anyone who enjoys the thrill of having a dream deck of Magic the Gathering Cards, they will be able to understand that some difficulties could prevent them from being able to complete these without allotting a large sum of your budget to buying the missing cards. So many try different ways to get Cheap Magic the Gathering Cards, like trying to buy magic cards online. Sometimes enthusiast may need to get out of their comfort zone and gamble on MTG magic cards tournament to get the rare ones that they so badly need to complete a dream deck. One way to win in tournaments and get cheap Magic The Gathering Cards is to completely plan out your deck and gain card advantage.

Trying to earn that card advantage against your opponent needs a lot of planning and strategy. A card advantage doesn't necessarily mean that you are able to draw more cards against your opponent; it is actually how you strategize the whole game in itself to ensure a win in the end. There are several simple rules that you may follow or even strategically come up with a twist in order to get that much needed advantage and inevitably win the tournament and get cheap Magic The Gathering Cards in the process.

Simple Card Advantage (CA) is the bluntest way to get cheap Magic The Gathering Cards. This strategy should take more experience and a good selection of cards to draw more cards from your opponent. The cue is simple; make your opponent lose two or more cards by drawing only one card from your deck. Having more cards to rally behind your deck against your opponent will surely be a good winning point. So the better planned out your deck is, the better your chances of getting an advantage to secure that MTG magic card that would complete the missing parts of your collection.

Another way to get Cheap Magic The Gathering Cards added to your collection is to create a combination of attacks and defenses whenever you're playing a tournament. This selective card advantage is also simple in its own way; again strategy will play its role. Search for cards that will make your deck more consistent. Be cautious though as this needs a good strategy or else you will fail to get that cheap Magic The Gathering Cards. Combo cards will help you win those much needed rare cards to support your deck.

Finally the third way to get that card advantage and earn Cheap Magic The Gathering Cards is to strategize on Virtual Card Advantage. This kind of play is hardest to work on, yet if achieved can prove to be the best and most powerful strategy to earn card advantage and finally get away with cheap Magic The Gathering Cards. In this strategy you force a win by gaining scores, for example, forcing your opponents to lose precious life points by selecting your creatures carefully eg. Choose flying creatures if your opponents don't have one, this will not let your attacker reach your creature making it an unfavorable combat situation for him.

Again to get cheap Magic the Gathering cards easily, aside from going over the internet to buy Magic cards online, you can also strategize and win in a tournament. Understanding the different kinds of card advantage will eventually help you secure those rare cards eventually as you are able to master them over time.

Friday, August 10, 2012

Thinking of home loans

For those that are planning to get married soon, they will not only have to think about the wedding, but they will also need to make sure that they will get to consider buying a new home. You will certainly not want to live into the same home as your mother and father are living in, as that will be a totally failure. As such, the first thing you will need to do is delve into a website that will let you in on many types of home loans.

When it comes to making a loan, this is a very important step, as you will both need to make sure that you have a stable job in order to pay it back. And that is why before you will sign anything, you will have to ensure that you will get to delve into a lot of research and make only the wisest and the best decision of them all.

As such, the majority of people when they will want to delve into getting a home loan will acquire it through mortgage. As such, this means that if there will be anything to go wrong with your mortgage, your house will be the one that will face the consequences, as it acts as a guarantee. There are some cases though in which you will not only be able to mortgage but land.

Paying mortgage is something that millions of people are accustomed to and millions of people around the world are using it. With so many banks out there though, you will have to ensure that online research will be done at 100 percent of your potential and that no good offers will be overlooked.

But you should know that it is not that easy to be let in on a loan and that you will have to supply the lender with each piece of info that you will be requested to provide. For some people though, calculating everything that is needed for this process will be a hurdle, so that is why if you want to make sure you don't miss out on anything, you will need to use a home loans calculator.

It is thus recommended to make sure that you will delve into contacting as many lenders as you can. They each have different interest rates and you will certainly scratch your eye balls out if you will find out that you just missed out on a very good deal.

Monday, August 6, 2012

Getting Auto Loans For Students Are Easier Than You Think

For a student, buying a car these days is more of a necessity but acquiring an auto loan is not so easy for any student. Banks are not too enthusiastic about granting auto loans to students as there is no credibility of any real income coming in. Besides, most banks worry it turning into a bad debt. But there are some financial institutions that make it easy for the student to acquire a bad credit car loan with reasonable loan rates and no demand for perfect credit ratings.

The reason why some financial institutions are willing to take a risk on students is because an auto loan is a secured loan wherein the institution can get to keep your car in case payments are not made. If you have bad credit, it is advisable to first clean up your finances before applying for a new loan. Try improving your credit score as that might help you with the auto loan on good credit. However, if you must take that loan, seek out car dealerships specializing in bad credit auto loans in case of poor credit. Remember you might have to end up paying a higher rate of interest in case of a bad credit car loan.

Aiming for an affordable car with a bad credit auto loan is advisable. If you opt for an expensive car, chances are your application could get rejected. Get different quotes and compare the interest rates, monthly installments, and loan durations through different lenders. Do a thorough online survey of what the current Auto Loan rates are and whether your credit history can support that action. Applying for a new car loan without being aware of your credit score is not a wise move. Shopping online for a bad credit car loan is highly convenient these days wherein application processes are fairly simple and come with the lowest possible car loan rates.

If you want to avoid the dealer finance because of the down payment, you can. Car dealerships normally hike up the interest rates on bad credit auto loans and usually they are the ones to submit your auto loan application to lenders. To go ahead with this step, you must know a bit about the lenders so you can approach them directly. Then you just have to put your negotiating prowess to use and make a deal for yourself.

Foreign Exchange Currency Pairs

A currency is a mean of exchange, facilitating the transfer of goods and/or services. It is one form of money, where money is anything that serves as a medium of exchange, a store of value, and a standard of value. Currencies are the dominant medium of exchange. Coins and paper money are both forms of currency.

A currency pair depicts a quotation of two different currencies on the Forex market. The first currency in the pair is the base currency or transaction currency. The second currency in the pair is labelled quote currency, payment currency or counter currency. Such a quotation shows how many units of the counter currency are needed to buy one unit of the base currency.

For example the quotation EUR/USD 1.2700 means that one euro is exchanged for 1.27 US dollar. If the quote moves from EUR/USD 1.2700 to EUR/USD 1.2710, the euro is getting stronger and the dollar weaker. On the other hand if the EUR/USD quote moves from 1.2700 to 1.2690 the euro is getting weaker while the US dollar is getting stronger.

Majors (main currency pairs traded on Forex) are the most liquid and widely traded currency pairs in the world. Trades involving majors make up about 90% of total Forex trading.

The Majors are: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD and USD/CAD.

GBP/USD is the only currency pair with its own name. It is known as "Cable", which has its origins from the days when a cable under the Atlantic synchronized the GBP/USD rate between the London and New York markets. But there are also lots of abbreviations for other currency pairs such as: AUD/USD "Aussie", EUR/USD "Euro", GBP/JPY "Geppy", NZD/USD "Kiwi", USD/CAD "Loonie", USD/CHF "Swissy", USD/JPY "Gopher" and USD/CAD "Beaver".

The quotation of a currency pair usually consists of two prices. The lower price (bid) is the price at which a market maker or a brokerage in general is willing to buy the first currency of a pair. The higher price (offer or ask) is the price at which a brokerage is willing to sell the first currency of a pair. The spread is the difference between the two prices. For example if the quotation of EUR/USD is 1.3707/1.3709, then the spread is EUR 0.0002 (or 2 pips). In general, the more popular the pair is, the smaller the differences or spreads. Different brokerage firms have different spreads.

Currency correlation is a statistical measure of the strength and direction of a linear relationship between two diferent currency pairs. Currency correlation is computed as a correlation coefficient. In the broader sense, currency correlation can refer to the correlation between any currency pairs and the commodities, stocks and bonds markets.

A currency sign is a graphic symbol often used as a shorthand for a currency's name. Internationally, the ISO 4217 codes are used instead of currency signs, though currency signs may be in common use in their respective countries. Most currencies in the world have no specific symbol.

When writing currency amounts the location of the sign varies by currency. Many currencies, especially in Latin America and the English-speaking world, place it before the amount (e.g., 50.00); many others place it after the amount (e.g., 50.00 S?); and, before they were forbidden, the sign for the Portuguese Escudo and the French Franc were placed in the decimal position (i.e., 50 or 12?34). The standardized European default placement, used in absence of a national standard, is that () is placed before the amount. However, many Eurozone countries have sustained or generated alternative conventions.

The decimal separator can also take local countries' standards. For instance, the United Kingdom often uses a middle dot as the decimal point on price stickers (eg., '552'), although not in print. A comma (eg. '5,00 ') is a common separator used in other countries. See decimal separator for information on international standards.

Sunday, August 5, 2012

10 Clauses To Consider When Reviewing A Lease

Commercial leases can be extremely complex, but by analyzing certain common clauses, potential tenants can ensure a favorable lease for their organization. Here are 10 key components to evaluate when reviewing a lease.

1) Base rent clauses

Rental rates, the focus of most negotiations, represent the most direct monetary aspect of a lease. Tenants can negotiate for periods of free rent even when a landlord refuses to lower the basic monthly rent which can greatly reduce the average rent rates over a lease term.

2) Space measurement clauses

Your rental rate is also based on the size of your office space, but this measurement depends on treatment of common areas, lobbies and mechanical rooms, to name a few. Useable square feet, what you occupy, must be distinguished from rentable square feet, what you pay.

3) Renewal clauses

Before you move in, you must determine whether you will be able to stay. A renewal clause will ensure you can remain, based on a percentage of fair market value (90 to 100 percent) when your lease expires.

4) Sublease clauses

Often, subletting your space can turn you into a competitor with your landlord. Tenants should avoid agreeing to onerous provisions designed to limit this option. Examples of these limitations include restrictions on subleasing to neighboring tenants and owing the landlord 100 percent of any realized profits.

5) Operating expense clauses

In operating expense clauses, the landlord passes on his cost increases after a tenant first leases the space. They can significantly affect costs, especially for larger tenants, and should be examined closely.

6) Alteration clauses

Tenants should reserve the right to improve their space without an obligation to remove any infrastructure added upon termination of the lease. By doing so, they avoid an unknown liability at the end of the term. These clauses should also provide an equitable way to hire construction crews based on the tenant's choice, even when they are initially suggested by the landlord.

7) Default clauses

In addition to their use in times of financial distress, these clauses can also define certain infractions as tantamount to default. Tenants should examine the conditions carefully and include a suitable method as a remedy to avoid termination.

8) Relocation clauses

The landlord sometimes includes a right to relocate you to another space in the same building, perhaps to make room for a larger tenant. If you must accept this condition, at least make sure any resulting costs will be paid -- such as moving costs, IT/phone cabling and installation, renovation of the new space, stationery, etc. -- and ensure the new space will offer the same functionality, quality and access.

9) Personal guaranty clauses

Landlords may require a personal guaranty clause for payment protection if they are unsatisfied with a tenant's credit. The tenant should ensure the individual signer is protected and off the hook if the organization vacates the premises promptly in case of default (known as a Good Guy Guaranty).

10) Surrender clause

A landlord generally includes this component to ensure the space is returned in a rentable condition. Allowances should be made for normal wear and tear during the course of the lease.

The above list provides a very elementary outline of some typical clauses in commercial real estate office leases. However, the tenant should enlist professional representation during any negotiation such as a real estate lawyer and commercial real estate broker as well as an established architect.

Tenants may also consider renegotiating their lease before its expiration. It is often possible to achieve more favorable terms through revision of the above clauses.
# # #

Thursday, August 2, 2012

Can I Get Pre Approved Payday Loans Online?

Thinking ahead to the probability of those unexpected emergencies that crop up in life, it's a good idea to have savings for a rainy day. That's how our grandparents thought about it, and we can all take a lesson from their lifestyle now. But, in the present economy when times are tough and unsecured loans are scarce, one option for gaining peace of mind that you'll have cash for emergencies whenever you need it is pre approved payday loans online. These short term loans can truly bridge the gap for you when you need cash for emergencies.

You can get pre approved payday loans online a couple different ways. The first one is simply being a regular customer of a particular online lender. You will have a history and they will come to know you. That is your best insurance of course. Long before the internet was available for getting quick loans, it helped to know people at your local bank or loan company. The same is true today for lenders online.

If you think you may have need of a payday loan lender in the future, you may want to get established as a regular customer now. Although you will find a variety of choices available online, an overwhelming number of options, really, the best plan is to find one lender and stick with it. None of us likes to think about needing emergency cash in the future, but the fact is we had better think ahead and take care of ourselves. Getting set up with a cash advance lender online is an excellent way to do that.

It's hard to believe, but people without an emergency fund are frequently the same people who fail to plan and simply have no place to turn in case something unexpected happens. Using short term loans as your temporary emergency fund is not ideal. A better alternative is actual cash in a savings account or even stuck away in a fireproof safe at home. But, without access to cash savings the fact is that pre approved payday loans online can help people survive financial emergencies if necessary. When the ideal is not possible, knowing you have access to fast cash can be a real blessing.

Some customers go ahead and fill out a loan application, and some follow up by taking out the loan and some do not. At least all their information is on file with the lender and ready for the right moment when they need some cash at some point in the future. Of the many reasons why payday loan customers may want to get pre approved it will most likely be for emergency needs most often. Nobody likes the thought of having no resources in an emergency, and pre approval is one way to know that you are a few steps ahead in the case of cash emergencies.

The process of completing a cash advance loan application is separate from signing loan documents and accepting a deposit of loan funds into your bank account. You can take the first step only, meaning filling out the loan application, and you can take that step with more than one short term lender if you are so inclined. That way, you are poised and ready to borrow when a genuine need arises. Be sure to ask each lender before you go ahead and complete the loan application, and before you provide your ID, bank and employment verification, too. None of that will be needed if you are simply getting set up with a lender in advance. And, naturally, it will all be required again whenever you are ready to take out a loan. But your preliminary application can't hurt you, and in fact it can help you whenever the time comes for you to do business with any particular lender.

You will discover that qualifying for cash advances online is fast and easy as well as confidential. So get started surfing around the web to find lenders that appeal to you, and don't forget to make sure each lender is licensed to conduct business in the state where you live. That is important, and checking in advance will save you time in the long run. Since you don't have time to waste, look at the About Us page or other page on a lender's site that provides details about the geographic locations served.

Once you know that a particular lender is able to do business with you, you also know that it's a good candidate for you to get started in a pre approval process for your own purposes. Nobody likes to waste time, and most of us don't have any time to spare when we need cash in a hurry. Stepping through the pre approval process is your assurance that you'll be able to complete the current requirements and get your cash ASAP whenever you need it.

Now, don't be surprised if you hear that there is no such thing as a pre approved payday loans online. It all depends on the individual lender and the terms that lender uses for the various steps in the process of loan application. Some lenders may say that they don't technically have a pre approval process, certainly nothing as complex as pre approval for a mortgage loan. That is something most people know about, so they mistakenly believe that a pre approval for quick loans is similar. It's not similar at all, primarily because mortgage loan approvals are based heavily on credit scores, and payday loans don't involve credit scores at all.

Since the terms and the process differs slightly from lender to lender, just make sure you understand exactly what will be needed from you and expected of you wherever you seek loan pre approval. Make sure you find out if that status is only good for a certain period of time, and whether it gives you an advantage at the time of loan application. Get all the details before you go ahead, for your own convenience and also your own protection.

Wednesday, August 1, 2012

Should You Use Your Bonus To Pay Off Credit Card Debt?

The good news is, you can probably expect a bonus this year. A recent poll by CNNMoney revealed that 33% of respondents are expecting a 3-4% bonus. To put this figure in perspective, an individual that makes ,000 a year would receive ,000 with a 4% bonus. To keep your finances tidy in 2013, it is important how you use this bonus money. Here are the five top ways most people spend their bonuses, and which ones you should choose.
Luxury Items

You may feel like a bonus is a reward for hard work and you should use the money to buy yourself a treat. This may be a vacation, or something you have been wanting for awhile, such as a Keurig machine or an icehouse.

Emergency Funds

If you don't already have an emergency fund in place, you may use the money to establish one. All money experts lecture on the importance of having such a fund in place. Estimates vary on how much you should have in your emergency fund, from ,000 to six months' worth of income. While the amounts vary, no one argues that such a fund is essential to financial stability.

Home Updates

You may be preparing your home to sell. In this case, you may want to use your bonus to perform some updates to increase the value and salability of your home. These updates may include a bathroom remodel, new shingles, a paint job or some landscaping. There also may be essential items in your home that need repairing, such as your washer or furnace.

Car Repairs

Car repairs tend to get shoved to the back of the line when it comes to how to spend your money. As long as the car is still drivable, many car owners choose to wait to repair their car.

Credit Card Debt

Individuals and couples facing credit card debt often have a desire to get those cards paid off. A bonus can seem like the ideal time to pay off cards.
Deciding what to do with your bonus money can be hard. You may choose to spread the amount out between all five categories. However, if your goal is financial stability, here is the order these items should be paid.
1. Emergency Fund

This is essential because you never know when you will need it. If you have at least ,000 and are adding to it regularly, you don't need to put your bonus here. If you haven't reached ,000 yet, though, you must establish this immediately.

2. Car Repairs

If your car needs a major repair, do it now while you have the money. You may be tempted to pay off credit cards first, but think of what will happen if your car breaks down completely. You will be unable to go to work, and unable to make money to pay any bills, including credit cards.

3. Credit Card Debt

If you have a large amount of credit card debt, your car is running fine and you have an emergency fund, use your bonus to pay off your cards. The interest you are paying on your credit cards is money down the drain. Even though it may hurt to use your bonus to pay debt, remember that you are adding money into your monthly budget by doing so. If you pay off a ,000 card that requires a minimum payment of 0 a month, you are adding 0 a month into your monthly budget.

Home repairs are not needed by everyone, unless it is something essential to the running of your household. Cosmetic repairs and updates to make it sell are both things that can wait if you are swimming in credit card debt. Also, the extra money in your monthly budget can be put towards house updates.
Luxury items are nice but if you want to get on firm financial standing this year, leave this for last. If all other categories are already covered, feel free to splurge. If you are like the majority of Americans, though, you will have other, more essential, items to take care of before you can spend money on yourself.