Health and wellbeing has been a massive area for growth in recent years, sparking a big rise in the number of gym facilities opening all over the country.
There’s lots to think about when you’re running a gym, but how it will be financed is undoubtedly the most important factor to consider. (more…)
If you often find yourself struggling to meet ends meet with your small business, then you should look more carefully at your strategies for managing the firm’s cash flow. If “cash flow management” is a term with which you weren’t familiar before you started reading this article, don’t be daunted; we’re going to tell you about some neat but easy-to-learn tricks for better financial performance. (more…)
One of the best-proven ways to make money is to trade in major markets. If you think trading in minor markets can save you from volatility as minor currency pairs are exchanged and traded there, it will not work. This Forex market is very much interrelated with the other currency. If you like to trade the market with US Dollar, you will see that you are having a having an impact on your minor currency pair when you are trading the market. This is very real and true for Forex. You cannot expect to not get a touch when the market is volatile, even if it’s the last traded market of this financial exchange. All the expert traders in the United Kingdom always prefer to trade the major pairs due to its stability. Compared to movement and trade signal of synthetic pairs major pairs are safe to trade. However, you should always remember to do the fundamental analysis along with the technical analysis to find the best possible trade setup. (more…)
There are many instances when you may be required to send an international payment. While there is no doubt that such transfers are normally quite secure and expeditious, it is still a fact that countless clients are charged fees by banks and similar financial institutions. Some studies have shown that international transfers can be associated with charges as high as three per cent of the value of the sum being sent (1). This is a potential concern when funds could be limited. Thankfully, there are alternatives to these traditional methods. Our experts have compiled a comprehensive list of the top money transfer firms in existence. (more…)
After years of hard work, most of us look forward to a well-deserved, long retirement. But how can you make sure those hard earned years of leisure are not ruined by money worries?
Here are some tips for a financially stress-free retirement: (more…)
We’ve got everything easy. We’re living in the greatest years of technology. We have the world at our feet. We don’t know the hardships of a real day’s work. We will never know what it was like to work down a mine or have to sweep a chimney.
People tell Millennials these things all the time. Even the title Millennials is suggestive of an easy life.
The one part of being a Millennial which is statistically true is that at some point we will have to move home. House prices are prohibitively high and there’s no way we’ve saved up enough to make a deposit all by ourselves. (more…)
Juggling your finances from month to month, or even week to week, can sometimes be a struggle. When you take out a logbook loan with Car Cash Point, a loan against your car doesn’t need to be expensive. In fact, it can be an inexpensive way to get the best of both worlds. (more…)
Are you on the lookout for business funding to finance your startup? Cutting and pasting your business plan into an application is not enough. You should take into consideration several important issues when applying for working capital for your startup:
Loans are useful resources when you need to secure a significant amount of cash and have no other options. It could be a personal loan to care of some unforeseen expenses or a mortgage for that first home. Whatever the case, you want to make sure that it is as affordable as possible. Loans can be very challenging to finance and the last thing you need is defaulting after only a few months. For this reason, you must compare loan rates before deciding to apply. With the numerous lenders on the market, you are bound to find two or three options that suit your needs just fine. So, how else can you ensure you get the best rates?
Know Your Needs
Before making comparisons between lenders, be clear about why you are getting the loan. Lenders have a myriad of products that cater to various customer needs. A home loan will not have the same terms as an auto loan. If it’s a car loan, you will find that there are still different classes, depending on the lender. Products may vary in interest rates and payment duration. The qualifications for a loan may also determine which one to apply for as some loan options may have stricter standards than others. With loan calculators, you can look at different products from several lenders and see the one that aligns with your requirements. If you have been refused or had problems opening accounts in the past, then first find out if and when would you need to use a second chance bank?
Check and Polish Your Credit
Poor credit history is your biggest enemy when dealing with lending institutions. A borrower who has unpaid debts and maybe even a defaulted loan is unlikely to get approval. It is always advisable to know what is in your credit history before you present your application to a lender. Luckily, getting you credit score and report is easy with a site like Clearscore readily available. You can receive a detailed financial report for the last six years and it’s all free. If your credit score doesn’t look great, there are a few ways you can fix it as this blog suggests. Paying off your credit cards goes a long way in improving your score. Also, minimise your spending on credit cards because it shows lender your commitment to good finances.
Do the Homework
Never rely on one recommendation or pick the first lender you find. Paying off that loan will be a hassle at best, so why not have guarantees that you are getting the most out of it? Online resources are useful when trying to learn more about a lender. Look for reviews from objective sites like Money so you can get an unbiased take on the services provided. Ask around from colleagues and family members who have been through the process before to get a few insights. Don’t fall into the trap of applying to several lenders because it will ruin your credit score. Every time a bank runs a check on your credit, it shows on your report. Schedule meetings with a few lenders and see how they behave so you can tell which ones will be a problem to deal with. A lender that doesn’t treat you right or refuses to address your concerns is not a good fit, especially when you have to deal with them for a decade or two.
The technology revolution has changed the banking sector, and the internet and mobile revolutions are continuing to accelerate the pace. From online banking through to mobile payments, the way that businesses exchange money with their clients and customers has completely changed – and is still changing. In addition, financial technology is having a huge impact on the flow of money on markets and exchanges. (more…)