How a Letter of Credit Works

May 12, 2012 by  | Leave a Comment Filed under: Credit 

Letters of credit are mainly used for large transactions between customers in one country and suppliers in another. Because of the nature of international trade, the specifics of different transactions, and factors such as national legislation, distance, and difficulty knowing all trade partners (read on...)

How Debt Consolidation Can Help You Examine Your Financial Health

April 12, 2012 by  | Leave a Comment Filed under: Debt 

Is debt a part of your life? Are you growing increasingly tired of coping with it? If yes, debt consolidation is just what you need to get out of the mess! It can be used to pay off multiple debts by making a single and affordable payment on a monthly basis. It helps significantly in lowering (read on...)

About Home Equity Loans

April 12, 2012 by  | Leave a Comment Filed under: Loans 

Home equity can be defined as the value of a property (home) minus the sum of money that is still owed on it. It is among the easiest, cheapest and smartest methods of accessing the money that is needed to help you achieve the financial goals you’ve set. The formula to determine home equity (read on...)

Steps Involved for Filing Bankruptcy in Alabama

April 11, 2012 by  | Leave a Comment Filed under: Bankruptcy 

Going through bankruptcy is never a happy time; however, filing for bankruptcy can give you peace of mind that your financial problems will come to an end and you can create a fresh start to rebuild your financial foundation. To file a bankruptcy in Alabama, you will need to follow several steps (read on...)

Sneaky Credit Tactics Currently Hurting You

April 4, 2012 by  | Leave a Comment Filed under: Credit 

As consumers we work hard to make sure that our credit is in good condition and that the services we invest in really help us. As times change, hackers are beginning to try and find new ways to obtain our information and debt collectors are looking for new ways to hunt down offenders. So with all (read on...)

Frequently Asked Questions About Home Loans!

March 31, 2012 by  | Leave a Comment Filed under: Loans 

What is a home loan? It is the capital that is offered by a bank or a Housing Finance Company to a prospective home buyer against a fixed or a floating interest rate for a specific period of time, repayable through monthly installments known as EMIs (Equated Monthly Installments). In India these (read on...)

Paying Off Debts in the Correct Order

March 25, 2012 by  | Leave a Comment Filed under: Debt 

It seems like everyone has at least one debt to their name, with many other people tied down to entirely too many debts to count. Paying your debts can be depressing because it feels like the number will never get smaller. However, you might be contributing to the length of time it takes you to (read on...)

Money in Motion: How Governments Create Perpetual Income

March 22, 2012 by  | Leave a Comment Filed under: Taxes 

The biggest misconception out there is that governments tax “things” or stuff. In Canada, just like in other countries world wide, we have personal and corporate taxes, payroll taxes, excise taxes, liquor taxes, income taxes, gas taxes, [INHALE] sales taxes, estate taxes, and on and (read on...)

Six Ways NOT to Pay Down Debt

March 21, 2012 by  | Leave a Comment Filed under: Bankruptcy 

Looking for debt-relief? Well, my friends, here are six ways that you generally should not consider as a means to resolving your debt issues. Cash in your RRSPs. Any contributions to your RRSPs made one year prior to filing for bankruptcy are NOT considered assets. In other words, if you have to (read on...)

What Will Happen When You Have Bad Credit

March 14, 2012 by  | Leave a Comment Filed under: Credit 

Growing up as a child, it was always emphasized to me that I should work to build my credit up because being successful was intimately connected with having excellent credit. However, the importance of having credit felt more like a burden than a gateway to success, but more explicitly to (read on...)