วันจันทร์ที่ ๓๐ เมษายน พ.ศ. ๒๕๕๐
Consolidating Debt Online
Consolidating debt online can be a daunting task. If your finances are messed up, sooner or later you may end up searching for a debt consolidation company online that can help you stay on course. Listed below are some of the advantages and disadvantages of online debt consolidation.AdvantagesYou can search from the comfort of your home even in the middle of the night.You can research enough before you commit to a debt consolidation company. Online posting and chats will reveal a lot of information you may not be knowing about the debt consolidation company you are about to do business with online.You can find the website of the debt consolidation company and read every single page on how they help their clients.You won't have to schedule an appointment or go see someone in person.DisadvantagesHere are a few disadvantages of online debt consolidation companies:You will rely and make decision based on their website and other people you find online.If you need someone in person, you may not be able to do so especially if the chosen office is in another city or state.If you are dealing with debt consolidation charlatans, chances are they might overnight close their business and you will lose your money.Before you commit to a debt consolidation firm online, make it a point to do a lot of research and pour in hours of hard work before you select a company that works for you.--------------------------------------------------
A Good Alternative to Adsense
Because of Google Adsense strict guidelines, many people find themselves banned from the program and searching for pay per click alternatives. ETOLOGY is a program that I have been using on a few of my sites after they no longer met Googles guidlines. They don't pay as high as Adsense but who does? They have similar features as Adsense and I have been supplementing my income with them for almost a year. So give them a try. I was weary at first but am satisfied with there program so far.Digg this article
Hostgator Web Hosting
If you need affordable, reliable web hosting Hostgator is both. I have heard excellent things about them from my fellow webmasters so I decided to inform my readers. They have hosting plans from $6.95 a month an an excellent reputation for customer service and reliabliity. So have a look and I hope this benefits you in some way in your efforts to make money online
Why most Loans are Homeowners only
Why most Loans are Homeowners only
If you have been on the lookout for a loan and you are not a homeowner, you may be struggling to find a loan which actually accepts you. There are lots of loans advertised on television, on the Internet and even in magazines and they build a picture that if you call them to arrange a loan everything will be alright. However, when you do call them up you realise that they do not actually accept you due to the fact that you do not own your own home and the circle then continues.So just why is this? Why do homeowners get the loans and tenants don’t? Well quite simply because homeowners secure their loans on their houses. It is less of a risk for loan companies to lend to homeowners because they will do anything not to miss a payment. Missed payments when a loan is secured on your home could mean that you actually lose that home and that is definitely not an option for most people! Tenants on the other hand do not have anything to secure their loan on and that means that it is more of a risk to lenders.So, that is why homeowners get all of the loans and tenants suffer a lot more. Also, if you do manage to get a tenant loan you will notice that you can only borrow up to £25,000 whereas homeowners can borrow practically as much as they want to.
If you have been on the lookout for a loan and you are not a homeowner, you may be struggling to find a loan which actually accepts you. There are lots of loans advertised on television, on the Internet and even in magazines and they build a picture that if you call them to arrange a loan everything will be alright. However, when you do call them up you realise that they do not actually accept you due to the fact that you do not own your own home and the circle then continues.So just why is this? Why do homeowners get the loans and tenants don’t? Well quite simply because homeowners secure their loans on their houses. It is less of a risk for loan companies to lend to homeowners because they will do anything not to miss a payment. Missed payments when a loan is secured on your home could mean that you actually lose that home and that is definitely not an option for most people! Tenants on the other hand do not have anything to secure their loan on and that means that it is more of a risk to lenders.So, that is why homeowners get all of the loans and tenants suffer a lot more. Also, if you do manage to get a tenant loan you will notice that you can only borrow up to £25,000 whereas homeowners can borrow practically as much as they want to.
Do you have a poor credit rating but still need a Loan?
Do you have a poor credit rating but still need a Loan?
If you are one of the unlucky people who has a bad credit rating, you may feel constantly frustrated at the limits it puts onto your life. Perhaps you would like a bad credit mortgage but because of your bad rating no company will lend you the money? Or maybe you simply want to open a bank account and they will not allow it due to your poor credit rating? Thousands of people are forced into taking out basic accounts due to poor credit ratings and also if they ever need credit they are unable to find it anywhere. However, there are companies especially set up to help so if you do have a poor credit rating you really do not need to worry.Loan companies who are set up especially for people with bad credit know what they are doing. They offer these loans but they come at sometimes such a ridiculously high price. These higher interest rates are there because they are taking a risk by lending you the money. So, if you do have a poor credit rating you will be able to find a poor credit personal loan from somewhere but you should expect to pay a really high price for one!So, if you want to take out a loan with your poor credit rating, do some research first and that way you can be sure to get the best price possible.
If you are one of the unlucky people who has a bad credit rating, you may feel constantly frustrated at the limits it puts onto your life. Perhaps you would like a bad credit mortgage but because of your bad rating no company will lend you the money? Or maybe you simply want to open a bank account and they will not allow it due to your poor credit rating? Thousands of people are forced into taking out basic accounts due to poor credit ratings and also if they ever need credit they are unable to find it anywhere. However, there are companies especially set up to help so if you do have a poor credit rating you really do not need to worry.Loan companies who are set up especially for people with bad credit know what they are doing. They offer these loans but they come at sometimes such a ridiculously high price. These higher interest rates are there because they are taking a risk by lending you the money. So, if you do have a poor credit rating you will be able to find a poor credit personal loan from somewhere but you should expect to pay a really high price for one!So, if you want to take out a loan with your poor credit rating, do some research first and that way you can be sure to get the best price possible.
วันเสาร์ที่ ๒๘ เมษายน พ.ศ. ๒๕๕๐
A Guide to Getting a Debt Consolidation Loan UK
If you're getting in over your head with credit, you might consider getting a debt consolidation loan UK . This loan is designed to pay off at least a portion if not all of your outstanding debts, allowing you to have either reduced payments or in some cases only the single payment of the loan itself to repay.If you're looking for a debt consolidation loan UK , there are several factors that you might want to consider to find the loan that's right for you.Different banks and lenders may offer different terms for a debt consolidation loan UK , and you want to make sure that you get the best deal for the money that you can.Some of the factors that can affect your chances are your credit rating, the value and type of collateral that you're putting up to secure the loan, and of course the total amount that you need to borrow.Let's look at each of these factors individually and how to maximize your deal on a debt consolidation loan UK .Credit RatingYour credit rating is the score by which lenders and potential creditors determine how much of a risk you are to extend credit to.The lower your credit rating score, the more of a credit risk you are; the higher the score, the less of a risk.Obviously, if you're trying to get a debt consolidation loan UK then you're probably closer to the low end of the scale… but trying to get help before you get too low is a good way to lessen the negative impact of your credit rating on the loan interest you'll have to pay.When things begin to get out of control and you find yourself in debt beyond your means to pay it back in a reasonable amount of time, that's the time to try to get a help… if you wait, your credit rating may drop lower and you'll have to pay more in the end.CollateralIn most cases, you'll have to put up some type of collateral in order to secure your debt consolidation loan UK . This can allow you to get a larger loan while paying lower interest rates, since the lender has some form of property that they can possess and sell if you fail to repay what you've borrowed.The most common forms of collateral are automotive titles and real estate deeds, and both are very effective… after all, they're larger-value items, and they give you a good incentive to repay your debt.Just make sure that you have insurance… if not, the lender may either require it or drop the value of the collateral considerably.Total AmountThe amount that you want to borrow is obviously a big consideration in getting a debt consolidation loan UK . Borrow the lowest amount that you can while still taking care of all of your debts (or at least the largest debts.)You also need to make sure that the amount you borrow is much lower than the value of your collateral… this usually entitles you to a much lower interest rate.--You may freely reprint this article provided the following author's biography (including the live URL link) remains intact:About The AuthorJohn Mussi is the founder of Direct Online Loans who help homeowners find the best available loans via the http://www.directonlineloans.co.uk/ website.Get Free Content at ContentMart.com
10 Pointers on College Loan Consolidation
Should I consolidate my college loans or not?1. Still in school, yes! Rates are low, but they're scheduled to go up. Your college loan payments will then remain as manageable as possible when you leave school. If you have graduated, or will be graduating this May or June, yes! Graduates can lock in historical low rates, and reduce their monthly payments more than half. You can lock in a rate even while still in school, and even if you have been out of school for a couple of years can get a good deal, too.2. The newest twist in the consolidation puzzle is the "in school consolidation", affecting students who are currently enrolled and will be enrolled past the July 1 consolidation. You can consolidate your existing college loans now to secure the low rates for at least part of their student loan portfolio. 3. Consolidating could save thousands of dollars in interest payments on college loans. There are impending student loan rate changes and new interpretation of regulations by the Department of Education, also, Congress is considering ending the fixed-rate program. Experts are urging students to consolidate to relieve themselves of a higher debt load.4. Many students and families are looking for a simple, clear answer about whether to consolidate college loans or not. The simple answer is to take some of the bite out of the debt by loan consolidation. You could live like a miser and save as much money as possible or consolidate your federal student loans now. 5. For students still in school, you have an opportunity to choose consolidation. Consolidating would put a college loan borrower into repayment status, but the student can defer payments until after graduation by making a deferment request. Consolidating today can have payments put off until graduation. 6. The federal loan program allows consolidation, which is when a borrower pools his student debts together so that only one monthly payment is necessary, rather than several. It's not just the convenience of one payment that is making consolidation so compelling. The most significant aspect of the program is that it allows a person to permanently lock in a lower interest rate on loans. These loans are backed by, or granted directly by, the federal government.7. Rates for federal Stafford loans, the most prevalent type of student loan, as well as some other types of federal student loans are set annually based on the rate of 91-day U.S. Treasury bills at the end of May. The exact rate won't be known until the end of the month, but experts say it will be about 2 percentage points higher. (Private loans and federal loans cannot be consolidated together.)8. For the first time, the U.S. Department of Education will allow students still in school to consolidate federally backed loans. Federal PLUS loans can also be consolidated. PLUS loans are used to help pay the cost higher education.9. Students, regardless of enrollment, should absolutely consolidate their college loans, arranged through the student's lender. There are no fees, no credit checks, and interest rates are expected to move higher. Those are good reasons to consolidate. 10. Act quickly to put lock on current federal-aid interest rates. Graduates should act now to insulate themselves from a drastic rate change. Apply early. Do not wait until the last minute to file paperwork. Those who have already graduated or left school should not wait to investigate consolidation. In the first six months after graduation, you are in a grace period. Within that six-month window, you can lock in a low rate on Stafford loans and spread the repayment over as long as 30 years. If you're going to consolidate, now is the best time to do it.About the AuthorGeorgio Heberto is dedicated to offering news, articles, and instruction on financing college education. You have a definite choice in how you finance your education and beyond. Visit http://www.atopeducation.com/ for more information.Get Free Content at ContentMart.com
16.4% APR $5,000 Auto Loan…HELP!
Are you the victim of a high interest rate auto loan? If so, the following email discussion may help you. Read on:DEAR LoanResources.Net:I was very impressed with your article entitled "8 Point Checklist, Evaluating Online Lenders."I have tried several sources to refinance my auto. I only have 2 more years to pay $245.04 a month. I owe 4,414.00 on the car loan.This may not seem like a lot of money but I would like a lower interest rate on my car loan which is now $16.4% APR.I want to still pay it off in 24 months but at a lower rate so that I can use the money saved to help pay off other bills.In my internet searches, the auto refinance loans required that you borrow more money than I need. I tried to search for unsecured personal loans on your website and they also required that I borrow more money.I have a very good credit record and I am working to get some of my bills paid off.Is there anything you can suggest so that I can get a lower rate auto loan for under $5,000? Any assistance will be appreciated.Thanks. Geraldine W.***DEAR Geraldine:Sorry I have not gotten back to you sooner. I took a couple weeks off to be with family...Thanks for the compliment on the article!Anyway, I read your email and I do indeed have a suggestion or two that I'm happy to share.A COUPLE THINGS INITIALLY:1. First, you’re paying a very high interest rate at 16.4% APR for an auto loan! I'm going to assume that your statement as to your good credit is accurate. If that's true, then you do indeed need to fix this.2. Since you only need $5000, with the intention of paying it off in 2 years or less, I don't think you should look for a refinance auto loan or a refinance on your home. Indeed, the bank is going to want to loan you much more money, usually at least $25,000. While a refinance or equity loan on your home does offer tax benefits, we’re only talking about interest on $5,000 over the course of 2 years. I have another idea you may not have considered.HAVE YOU CONSIDERED?Have you considered just putting the balance of your car loan on a credit card that has a lower interest rate?1. Credit Cards are, indeed, unsecured lines of credit with financial institutions.2. They are the perfect financial vehicle for a $5,000 transfer of debt, with added flexibility, and you should be able to find an interest rate between 9 to 11%, and better, on average.3. IN ADDITION! Once approved, the bank will usually give you blank checks for balance transfers (sometimes they'll just do it for you right over the phone)…,4. AND GUESS WHAT? The majority of the time, the incentive interest rates on the balance transfers are EXTREMELY low; sometimes zero percent for up to 6 months to a year.5. IN ADDITION! you can apply for incentive cards that provide rewards for your spending....free airline miles, cash back programs, etc. I use the American Express Blue, and I get cash back of up to 3% on everything I spend. So, for $5,000, 3% cash back, AMEX™ pays me $150.How do you like them apples? The bank pays YOU to borrow money.RECOMMENDED PLAN OF ACTION:So, Geraldine, here's what I recommend you do:1. Go back to our website, and explore the credit card offers we’ve recommended. We’ve picked out what we think are the best offers, and there are a LOT of them, so think of it as a much needed shopping trip! Pay particular attention to our links for "incentive cards". We have two pages of them.2. Apply for whatever card or cards suit your tastes and needs. There are so many great reward cards. Limit yourself to only your imagination.3. Get approved, receive card, and receive balance transfer checks.4. Pay off loan to 16.4% bank!5. Pay off credit card loan (with extremely low rate and incentives), at your leisure!…And enjoy the fact that you just made an excellent financial move, saved money, made money, and gave yourself the flexibility to manage your debt on your own schedule...Hope this helps...Let me know how it all works out.Sincerely, Tom LevineWebmaster, LoanResources.Netinfo@loanresources.nethttp://loanresources.net/We’ve enjoyed providing this information to you, and we wish you the best of luck in your pursuits. Remember to always seek out good advice from those you trust, and never turn your back on your own common sense.Publisher’s Directions:This article may be freely distributed so long as the copyright, author’s information, disclaimer, and an active link (where possible) are included. For more information about mortgages, debt consolidation, credit repair, and all other forms of consumer loan, credit, and debt products, please visit our website at http://loanresources.net/ .Disclaimer: Statements and opinions expressed in the articles, reviews and other materials herein are those of the authors. While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. The author will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.Copyright 2004, by LoanResources.NetTom Levine provides a solid, common sense approach to solving problems and answering questions relating to consumer loan products. His website seeks to provide free online resources for the consumer, including rate-watch, tips and articles, financial communication, news, and links to products and services. You can check out Tom's website here: http://loanresources.net/, or you can email Tom at info@loanresources.net.Get Free Content at ContentMart.com
4 Good Reasons to Get a Refinance Home Loan
Refinance Your Home Now and Lower Your Interest RateWhat is a refinance home loan? A refinance home loan or a home loan refinance is a new loan obtained through your lender or a new lender to pay off existing loan. However, you may opt to apply for a lower interest rate and or cash out on your homes equity.When should I refinance my home? It is a known fact that interest rates are lower than they have been in years. This is due to our fast paced and ever changing economy and market. Now would be the perfect opportunity to refinance your home to obtain a lower interest rate. Even a .25 difference can save you thousands of dollars a year in mortgage payments. Why should I refinance my home?There are several reasons home owners decides to refinance. The four most common reasons include:To obtain a lower interest rateHome owner generally are aware of interest rate down fall. They take advantage of this opportunity by applying to a refinance loan to lower their existing interest rates and save money on mortgage expenses. The money that a borrower saves on mortgage expenses can be invested in other financial investments.To receive a refinance cash outSome home owners who have enough equity accumulated in their homes refinance to cash out their equity and get a lower interest rateTo make home improvementsSooner than later you will find that maintaining your home is hard work (not to mention quite expensive). In most cases, home owners will pursue a refinance, rather than a personal loan, in order to save on interest rates. A personal loan may have higher interest rates and are normally, not as large as a home improvement loan. To change loan programsA majority of home owner refinance because they are not satisfied with their current loan program. They may be under a 5 year arm, but somewhere down the line they decided they would prefer a 30 year fixed loan. Whatever the reason may be, a refinance home loan will solve the problem.What are the benefits of refinancing my home?There are several benefits included with refinancing your home, including:Your credit may be in better standings then before you purchased your home, now you can refinance and obtain a more suitable loan, with lower interest rates and terms.Or, you can obtain a home equity line of credit and have cash available when you need it.With refinance cash out, your lender can consolidate your bills and pay off all of your debt. You will not have to deal with the hassle by yourself.What are the different refinance loan options?As with a traditional loan, refinance home loans offer some of the same loan programs, such as:10/15/30 year fixedZero DownInterest OnlyAnd so onWhere can I refinance my loan?You can apply for a refinance home loan through your current lender. Or you may search for a new lender more suitable to your financial needs. This search can be done by internet search, flipping through the yellow pages, or consulting with your real estate agent.About the AuthorKhali S. founder of Home Loan Guidance - a free online guide to help discover more home loan options secrets.Get Free Content at ContentMart.com
วันศุกร์ที่ ๒๗ เมษายน พ.ศ. ๒๕๕๐
about online loan
Borrowers and ethical lenders are frustrated with the current state of lending. Borrowers often enter the loan transaction with trepidation because they have heard about or experienced questionable business practices such as "bait and switch", hidden fees and last minute surprises. Ethical lenders are frustrated because unethical lenders are creating a marketplace where it is hard to compete and borrowers are unable to tell the difference between honest and dishonest brokers in advance.
Loan provides a solution for both lenders' frustrations and consumers concerns by creating a "Trusted Marketplace" where lenders agree to a set of ethical business practices and borrowers are educated about what to expect during the loan process.
On लोन all of the lenders in the Ethical Lender Directory have agreed to follow the Borrower's Bill of Rights, a set of ethical business practices that describe how they will interact with the consumer. Therefore, consumers using Loan what to expect from lenders they are considering. Loan also provides unique research tools to help consumers further, including:
The Loan which is an unique tool that enables the borrower to evaluate the strengths and weaknesses of their current loan (or the loan they are considering) versus other loan programs available.
The Truth About Loans center, which provides over 75 concise, consumer-focused articles explaining the entire loan process. The articles come with a point of view on how to best help the borrower.
The Ethical Lender Directory, which provides a listing of interest rates available by loan product and geography.
Also, there are over 15 Mortgage Calculators available to help answer questions about loans.
Loan.com is operated by Internet Brands, one of the largest publishers of consumer advice on the internet.
Internet Brands' websites have been helping consumers since 1994. The company's Mortgage and Real Estate websites have won numerous awards for consumer expertise. Among our credentials:
MortgageFAQ.com has been a leading source of Mortgage information since 1995.
RealEstateABC's "how-to" guides for Mortgage and Real Estate information appear on over 30,000 real estate web sites. RealEstateABC has been named by PC Magazine as one of the "100 Best Sites You Didn't Know You Couldn't Live Without". The site's free home valuation tool has been used by millions of homeowners.
LoanApp originated the first mortgage over the Internet and in 1994 created the first online loan application.
BestRate is one of the Internet's first Mortgage rate directories.
Internet Brands also operates websites in the Automotive and Travel categories. In Automotive, the company's CarsDirect.com website brings new car pricing transparency to millions of car buyers each month.
All Internet Brands websites have this in common: empowering consumers to make better choices and save money.
Loan provides a solution for both lenders' frustrations and consumers concerns by creating a "Trusted Marketplace" where lenders agree to a set of ethical business practices and borrowers are educated about what to expect during the loan process.
On लोन all of the lenders in the Ethical Lender Directory have agreed to follow the Borrower's Bill of Rights, a set of ethical business practices that describe how they will interact with the consumer. Therefore, consumers using Loan what to expect from lenders they are considering. Loan also provides unique research tools to help consumers further, including:
The Loan which is an unique tool that enables the borrower to evaluate the strengths and weaknesses of their current loan (or the loan they are considering) versus other loan programs available.
The Truth About Loans center, which provides over 75 concise, consumer-focused articles explaining the entire loan process. The articles come with a point of view on how to best help the borrower.
The Ethical Lender Directory, which provides a listing of interest rates available by loan product and geography.
Also, there are over 15 Mortgage Calculators available to help answer questions about loans.
Loan.com is operated by Internet Brands, one of the largest publishers of consumer advice on the internet.
Internet Brands' websites have been helping consumers since 1994. The company's Mortgage and Real Estate websites have won numerous awards for consumer expertise. Among our credentials:
MortgageFAQ.com has been a leading source of Mortgage information since 1995.
RealEstateABC's "how-to" guides for Mortgage and Real Estate information appear on over 30,000 real estate web sites. RealEstateABC has been named by PC Magazine as one of the "100 Best Sites You Didn't Know You Couldn't Live Without". The site's free home valuation tool has been used by millions of homeowners.
LoanApp originated the first mortgage over the Internet and in 1994 created the first online loan application.
BestRate is one of the Internet's first Mortgage rate directories.
Internet Brands also operates websites in the Automotive and Travel categories. In Automotive, the company's CarsDirect.com website brings new car pricing transparency to millions of car buyers each month.
All Internet Brands websites have this in common: empowering consumers to make better choices and save money.
Loan
Loan
From Wikipedia, the free encyclopedia
Jump to: navigation, search
For other uses, see Loan (disambiguation).
A loan is a type of debt. All material things can be lent but this article focuses exclusively on monetary loans. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.
The borrower initially receives an amount of money from the lender, which they pay back, usually but not always in regular installments, to the lender. This service is generally provided at a cost, referred to as interest on the debt. A borrower may be subject to certain restrictions known as loan covenants under the terms of the loan.
Acting as a provider of loans is one of the principal tasks for financial institutions. For other institutions, issuing of debt contracts such as bonds is a typical source of funding. Bank loans and credit are one way to increase the money supply.
Contents[hide]
1 Types
1.1 Secured
1.2 Unsecured
2 Abuses
3 References
4 See also
//
[edit] Types
[edit] Secured
A mortgage loan is a very common type of debt instrument, used by many individuals to purchase housing. In this arrangement, the money is used to purchase the property. The financial institution, however, is given security - a lien on the title to the house - until the mortgage is paid off in full. If the borrower defaults on the loan, the bank would have the legal right to repossess the house and sell it, to recover sums owing to it.
In some instances, a loan taken out to purchase a new or used car may be secured by the car, in much the same way as a mortgage is secured by housing. The duration of the loan period is considerably shorter often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. A direct auto loan is where a bank gives the loan directly to a consumer. An indirect auto loan is where a car dealership acts as an intermediary between the bank or financial institution and the consumer.
[edit] Unsecured
These may be available from financial institutions under many different guises or marketing packages:
credit card debt,
personal loans,
bank overdrafts
credit facilities or lines of credit
corporate bonds
The interest rates applicable to these different forms may vary depending on the lender, the borrower. These may or may not be regulated by law. In the United Kingdom, when applied to individuals, these may come under the Consumer Credit Act 1974.
[edit] Abuses
Abuse in the granting of loans is known as predatory lending. It usually involves granting a loan in order to put the borrower in a position that one can gain advantage over him or her. Where the moneylender is not authorised, it could be considered a loan shark.
Credit card companies in some countries have been accused by consumer organisations of lending at usurious interest rates[citation needed].
[edit] References
This does not cite its references or sources.Please help improve this article by adding citations to reliable sources. (help, get involved!)Any material not supported by sources may be challenged and removed at any time. This article has been tagged since June 2006.
[edit] See also
Finance, Personal finance, Settlement (finance)
Debt, Consumer debt, Debt consolidation, Government debt
Bank, Fractional-reserve banking, Building society
FAFSA
George D. Sax and the Exchange National Bank of Chicago - Innovation of instant loans
Annual percentage rate (a.k.a. Effective annual rate)
Interest-only loan
Student loan
Payday loan
Refund Anticipation Loan
Federal student loan consolidation
Federal Perkins Loan
Stafford loan
Title loan
Syndicated loan
From Wikipedia, the free encyclopedia
Jump to: navigation, search
For other uses, see Loan (disambiguation).
A loan is a type of debt. All material things can be lent but this article focuses exclusively on monetary loans. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.
The borrower initially receives an amount of money from the lender, which they pay back, usually but not always in regular installments, to the lender. This service is generally provided at a cost, referred to as interest on the debt. A borrower may be subject to certain restrictions known as loan covenants under the terms of the loan.
Acting as a provider of loans is one of the principal tasks for financial institutions. For other institutions, issuing of debt contracts such as bonds is a typical source of funding. Bank loans and credit are one way to increase the money supply.
Contents[hide]
1 Types
1.1 Secured
1.2 Unsecured
2 Abuses
3 References
4 See also
//
[edit] Types
[edit] Secured
A mortgage loan is a very common type of debt instrument, used by many individuals to purchase housing. In this arrangement, the money is used to purchase the property. The financial institution, however, is given security - a lien on the title to the house - until the mortgage is paid off in full. If the borrower defaults on the loan, the bank would have the legal right to repossess the house and sell it, to recover sums owing to it.
In some instances, a loan taken out to purchase a new or used car may be secured by the car, in much the same way as a mortgage is secured by housing. The duration of the loan period is considerably shorter often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. A direct auto loan is where a bank gives the loan directly to a consumer. An indirect auto loan is where a car dealership acts as an intermediary between the bank or financial institution and the consumer.
[edit] Unsecured
These may be available from financial institutions under many different guises or marketing packages:
credit card debt,
personal loans,
bank overdrafts
credit facilities or lines of credit
corporate bonds
The interest rates applicable to these different forms may vary depending on the lender, the borrower. These may or may not be regulated by law. In the United Kingdom, when applied to individuals, these may come under the Consumer Credit Act 1974.
[edit] Abuses
Abuse in the granting of loans is known as predatory lending. It usually involves granting a loan in order to put the borrower in a position that one can gain advantage over him or her. Where the moneylender is not authorised, it could be considered a loan shark.
Credit card companies in some countries have been accused by consumer organisations of lending at usurious interest rates[citation needed].
[edit] References
This does not cite its references or sources.Please help improve this article by adding citations to reliable sources. (help, get involved!)Any material not supported by sources may be challenged and removed at any time. This article has been tagged since June 2006.
[edit] See also
Finance, Personal finance, Settlement (finance)
Debt, Consumer debt, Debt consolidation, Government debt
Bank, Fractional-reserve banking, Building society
FAFSA
George D. Sax and the Exchange National Bank of Chicago - Innovation of instant loans
Annual percentage rate (a.k.a. Effective annual rate)
Interest-only loan
Student loan
Payday loan
Refund Anticipation Loan
Federal student loan consolidation
Federal Perkins Loan
Stafford loan
Title loan
Syndicated loan
E-LOAN: Radically Simple
E-LOAN: Radically Simple
The old way of banking can be intimidating, frustrating and outright unfair. At E-LOAN, we do things differently. We specialize in hassle-free, honest lending and secure deposits with great rates—all with unmatched customer privacy and no surprises.
Keep it simple with E-LOAN.
Expect Fairness
Most banks pay their loan consultants higher commissions for higher rates. That means they benefit from charging you more. E-LOAN is different. Our consultants don't make a commission based on the rate of your loan or deposits. So count on getting the excellent rates you deserve.
Demand Privacy
Our position is simple: Your personal information is your private property. Named America's highest ranking online financial services company for privacy, we never sell or share your information with third party marketers. In fact, we won't share it with anyone unless you explicitly instruct us to do so.
Maybe that's why The Customer Respect Group, an international research and consulting firm that focuses on how corporations treat customers online, named E-LOAN number 3 out of 464 major corporations in matters of protecting privacy.
Learn how E-LOAN led the fight for the strictest privacy law in the country.
Seek Honesty
E-LOAN, unlike most lenders, never changes your rate at closing or surprises you with extra fees at the last minute.
At E-LOAN, we tell you upfront that we sometimes use overseas companies to process and service loans. Our secure international affiliates can lower costs, creating a savings we pass on to you. Unlike our competitors however, we always leave the choice between domestic and overseas services to you.
Recognition
Rated "Best Overall" Mortgage Web Site for Third Consecutive Win (February 2007)Once again, Keynote WebExcellence has ranked E-LOAN as the number one mortgage web site. E-LOAN took top honors in all user tasks, which included Get Rates and Select Loan, Apply for a Mortgage, Apply for a Home Loan, and Learn. Press Release
E-LOAN Ranked #1 for Customer Respect (November 2006)The Customer Respect Group, an international research and consulting firm that focuses on how companies treat their online customers, reported that the E-LOAN Customer Respect Index (CRI) Rating was the highest among all financial services firms in their independent survey. E-LOAN led the overall ranking with a consumers' trust index score of 7.9 compared to the industry average of 5.7. Press Release
Awarded Top Financial Company for Privacy (March 2006) A national independent study of consumers conducted by TRUSTe and the Ponemon Institute ranked E-LOAN as one of the top three most trusted companies for privacy in the United States.
We received this prestigious honor after undergoing stringent reviews from both consumers like you and a panel of experts.
Original article: TRUSTe/ Ponemon Institute Most Trusted Company for Privacy Survey & Award
Ranked #3 in Privacy (August 2005) The Customer Respect Group placed E-LOAN at #3 of 464 major corporations in matters of protecting privacy. E-LOAN was the only financial company to make the top ten.
Safest Places on the Web (Computerworld: April 2005)E-LOAN was listed as one of the "Top 20 Safest Sites" in the April 2005 edition of Computerworld Magazine. Consisting of websites that met or exceeded certain criteria for protecting private information, E-LOAN joined the ranks of companies like eBay, Apple and Yahoo.
Original article: Safest Places On the Web
Highest Customer Respect Rating (March 2005)E-LOAN received the highest rating in the First Quarter 2005 Online Customer Respect Study of North America's largest financial services firms. Learn more about our customer respect rating.
Easiest Site For Consumers to Use (March 2004)E-LOAN's Home Equity website was rated Easiest for Consumers to Use and cited for "Least Amount of Effort to Apply" and "Fast Process." Learn more about our ease-of-use recognition.
Upfront Mortgage LenderE-LOAN is the only certified Upfront Mortgage Lender (UML), having adopted the most stringent policies around up front information disclosure. UMLs provide mortgage shoppers with all the information they need to make an informed decision before applying for a mortgage, and also guarantee them fair treatment throughout the entire process including closing.
The old way of banking can be intimidating, frustrating and outright unfair. At E-LOAN, we do things differently. We specialize in hassle-free, honest lending and secure deposits with great rates—all with unmatched customer privacy and no surprises.
Keep it simple with E-LOAN.
Expect Fairness
Most banks pay their loan consultants higher commissions for higher rates. That means they benefit from charging you more. E-LOAN is different. Our consultants don't make a commission based on the rate of your loan or deposits. So count on getting the excellent rates you deserve.
Demand Privacy
Our position is simple: Your personal information is your private property. Named America's highest ranking online financial services company for privacy, we never sell or share your information with third party marketers. In fact, we won't share it with anyone unless you explicitly instruct us to do so.
Maybe that's why The Customer Respect Group, an international research and consulting firm that focuses on how corporations treat customers online, named E-LOAN number 3 out of 464 major corporations in matters of protecting privacy.
Learn how E-LOAN led the fight for the strictest privacy law in the country.
Seek Honesty
E-LOAN, unlike most lenders, never changes your rate at closing or surprises you with extra fees at the last minute.
At E-LOAN, we tell you upfront that we sometimes use overseas companies to process and service loans. Our secure international affiliates can lower costs, creating a savings we pass on to you. Unlike our competitors however, we always leave the choice between domestic and overseas services to you.
Recognition
Rated "Best Overall" Mortgage Web Site for Third Consecutive Win (February 2007)Once again, Keynote WebExcellence has ranked E-LOAN as the number one mortgage web site. E-LOAN took top honors in all user tasks, which included Get Rates and Select Loan, Apply for a Mortgage, Apply for a Home Loan, and Learn. Press Release
E-LOAN Ranked #1 for Customer Respect (November 2006)The Customer Respect Group, an international research and consulting firm that focuses on how companies treat their online customers, reported that the E-LOAN Customer Respect Index (CRI) Rating was the highest among all financial services firms in their independent survey. E-LOAN led the overall ranking with a consumers' trust index score of 7.9 compared to the industry average of 5.7. Press Release
Awarded Top Financial Company for Privacy (March 2006) A national independent study of consumers conducted by TRUSTe and the Ponemon Institute ranked E-LOAN as one of the top three most trusted companies for privacy in the United States.
We received this prestigious honor after undergoing stringent reviews from both consumers like you and a panel of experts.
Original article: TRUSTe/ Ponemon Institute Most Trusted Company for Privacy Survey & Award
Ranked #3 in Privacy (August 2005) The Customer Respect Group placed E-LOAN at #3 of 464 major corporations in matters of protecting privacy. E-LOAN was the only financial company to make the top ten.
Safest Places on the Web (Computerworld: April 2005)E-LOAN was listed as one of the "Top 20 Safest Sites" in the April 2005 edition of Computerworld Magazine. Consisting of websites that met or exceeded certain criteria for protecting private information, E-LOAN joined the ranks of companies like eBay, Apple and Yahoo.
Original article: Safest Places On the Web
Highest Customer Respect Rating (March 2005)E-LOAN received the highest rating in the First Quarter 2005 Online Customer Respect Study of North America's largest financial services firms. Learn more about our customer respect rating.
Easiest Site For Consumers to Use (March 2004)E-LOAN's Home Equity website was rated Easiest for Consumers to Use and cited for "Least Amount of Effort to Apply" and "Fast Process." Learn more about our ease-of-use recognition.
Upfront Mortgage LenderE-LOAN is the only certified Upfront Mortgage Lender (UML), having adopted the most stringent policies around up front information disclosure. UMLs provide mortgage shoppers with all the information they need to make an informed decision before applying for a mortgage, and also guarantee them fair treatment throughout the entire process including closing.
GO-Global
The Solution is GO-Global.The GO-Global product family reduces the complexities of application publishing, deployment and management. The family consists of GO-Global for Windows which publishes Windows applications, and GO-Global for UNIX which publishes UNIX and Linux applications.
GO-Global is the simple server-based computing solution with easy user administration. Application problems can be solved in a central location, not at the individual user locations. GO-Global eliminates the need for cumbersome, complex software infrastructure such as Citrix MetaFrame, Microsoft Windows Terminal Services, or local X Server software. And unlike other solutions that dictate a new application management infrastructure, GO-Global has been designed to work seamlessly within your current environment. So whether you want to publish just a single application or more, GO-Global is the way to go.
Application Management Made Easy.Deploying, administrating and maintaining traditional distributed applications can be costly and time-consuming. GO-Global’s server-based approach saves time and money. And unlike some other application publishing solutions, GO-Global publishes only the application’s user interface, not the entire desktop. This increases efficiency and performance, lowers bandwidth consumption, and lowers your TCO.
GO-Global is totally invisible to your users. GO-Global Web-enabled applications look and feel exactly the same as natively running applications. No special training is required. And as an ISV or enterprise, you can private label the solution to promote your own branding, while retaining the rich look and feel that your users expect to see.
Designed with Your Security in Mind.Distributed applications open up potential security exposures. That’s why GO-Global’s unique architecture has been specifically designed to retain your mission-critical applications and sensitive data securely on a central server behind your corporate firewall. What’s more, all GO-Global transmissions are fully इंक्र्य्प्तेद.
GO-Global is the simple server-based computing solution with easy user administration. Application problems can be solved in a central location, not at the individual user locations. GO-Global eliminates the need for cumbersome, complex software infrastructure such as Citrix MetaFrame, Microsoft Windows Terminal Services, or local X Server software. And unlike other solutions that dictate a new application management infrastructure, GO-Global has been designed to work seamlessly within your current environment. So whether you want to publish just a single application or more, GO-Global is the way to go.
Application Management Made Easy.Deploying, administrating and maintaining traditional distributed applications can be costly and time-consuming. GO-Global’s server-based approach saves time and money. And unlike some other application publishing solutions, GO-Global publishes only the application’s user interface, not the entire desktop. This increases efficiency and performance, lowers bandwidth consumption, and lowers your TCO.
GO-Global is totally invisible to your users. GO-Global Web-enabled applications look and feel exactly the same as natively running applications. No special training is required. And as an ISV or enterprise, you can private label the solution to promote your own branding, while retaining the rich look and feel that your users expect to see.
Designed with Your Security in Mind.Distributed applications open up potential security exposures. That’s why GO-Global’s unique architecture has been specifically designed to retain your mission-critical applications and sensitive data securely on a central server behind your corporate firewall. What’s more, all GO-Global transmissions are fully इंक्र्य्प्तेद.
FileBurst
FileBurst is a high speed file hosting service for software vendors, game publishers, and simply anyone who requires a robust online file storage and delivery. Our price starts from as low as $5/month for 100 Megabytes storage and 5 Gigabytes of data transfer.
Use FileBurst to...
* distribute downloads and updates of your software or games* stream audio/video, podcasts, and Flash animations* host images for your eBay auctions* store backup copies of important files and documents off-site* share files with family and friends, or with work colleagues* access your files from anywhere* the possibilities are endless - tell me more!
FileBurst servers are optimized for file downloads so they are able to serve thousands of simultaneous download requests without compromising speed or bandwidth. We do not limit the bandwidth and number of concurrent connections in any way. You can burst as much bandwidth as needed and just pay for what you use.
Our network infrastructure is located in the state of the art Equinix IBX Center Ashburn, Virginia where we utilize premium bandwidth from national Tier-1 backbone providers to deliver your files with the fastest route possible to your users. Companies like AOL, Yahoo, Google, IBM, Sony, Electronic Arts, General Electric, Hotwire, Paypal, and Microsoft have all selected Equinix because of its unparalleled network performance and scalability.
Let us take care of your file storage and downloads so you can concentrate on what's more important, your business!
TEST THE SPEED:
You can download the following files to test the actual download speed from our network:http://test.fileburst.com/10mb-testfile.zip (10 MB) http://test.fileburst.com/50mb-testfile.zip (50 MB)
SATISFACTION GUARANTEED OR YOUR MONEY BACK!
We feel that you will be completely satisfied with our service. If for some reason you are not satisfied (within the first 30 days) and you are not in violation of our terms and conditions, just let us know and we will refund your setup fee back plus you don't have to pay for any used bandwidth in the month as long as it's less than 30 GB (if you use more, you only need to pay for the excess bandwidth usage). That is a promise.
When your requirements demand uptime, security and reliability, you can count on FileBurst to deliver!
Use FileBurst to...
* distribute downloads and updates of your software or games* stream audio/video, podcasts, and Flash animations* host images for your eBay auctions* store backup copies of important files and documents off-site* share files with family and friends, or with work colleagues* access your files from anywhere* the possibilities are endless - tell me more!
FileBurst servers are optimized for file downloads so they are able to serve thousands of simultaneous download requests without compromising speed or bandwidth. We do not limit the bandwidth and number of concurrent connections in any way. You can burst as much bandwidth as needed and just pay for what you use.
Our network infrastructure is located in the state of the art Equinix IBX Center Ashburn, Virginia where we utilize premium bandwidth from national Tier-1 backbone providers to deliver your files with the fastest route possible to your users. Companies like AOL, Yahoo, Google, IBM, Sony, Electronic Arts, General Electric, Hotwire, Paypal, and Microsoft have all selected Equinix because of its unparalleled network performance and scalability.
Let us take care of your file storage and downloads so you can concentrate on what's more important, your business!
TEST THE SPEED:
You can download the following files to test the actual download speed from our network:http://test.fileburst.com/10mb-testfile.zip (10 MB) http://test.fileburst.com/50mb-testfile.zip (50 MB)
SATISFACTION GUARANTEED OR YOUR MONEY BACK!
We feel that you will be completely satisfied with our service. If for some reason you are not satisfied (within the first 30 days) and you are not in violation of our terms and conditions, just let us know and we will refund your setup fee back plus you don't have to pay for any used bandwidth in the month as long as it's less than 30 GB (if you use more, you only need to pay for the excess bandwidth usage). That is a promise.
When your requirements demand uptime, security and reliability, you can count on FileBurst to deliver!
HELLENIC HOME Five-Year Fixed Interest Rate Loan
HELLENIC HOME Five-Year Fixed Interest Rate Loan
Basic Characteristics
This loan is targeted to persons who wish to purchase a home, or effect repairs or improvements to an existing home or property.
Annual fixed interest rate: 5,00% for the pre-determined period (five years).
Ability to switch to a variable interest rate or another fixed interest rate loan at the end of the five year period, depending on the specific products Hellenic Bank will offer.
Loan currency: Euro.
Minimum loan amount: €15.000.
Maximum loan amount: up to 100% of the market value.
Loan duration: 5-40 years.
Frequency of loan installment payments: monthly or quarterly (depending on customer choice).
Collateral: 130% of the loan amount.
Ability to early settlement of the loan in part or in whole with a penalty of 2% payable on the remaining loan balance.
Loan payment methods: at Hellenic Bank’s cashiers, with cash deposits, transfers from a deposit account, or by a standing order to Hellenic Bank to automatically transfer the payments from a deposit account (without fees).
Basic Advantages
Very low initial fixed interest rate of 5,00% for the first five years.
Ability to offer a grace period.
Low charges.
Quick approval process.
Free automatic payment of loan installments.
Additional Benefits
A number of additional benefits are offered with the Hellenic Home Fixed interest Rate loan that cover additional needs when purchasing a home such as:
Eligibility for the approval of Hellenic Bank Visa credit card (classic or gold) with two-year free membership and a 5,50% intereste rate, for the first 12 months, on credit card balance transfering from other banks.
Attractive home insurance package through Hellenic Bank
Basic Characteristics
This loan is targeted to persons who wish to purchase a home, or effect repairs or improvements to an existing home or property.
Annual fixed interest rate: 5,00% for the pre-determined period (five years).
Ability to switch to a variable interest rate or another fixed interest rate loan at the end of the five year period, depending on the specific products Hellenic Bank will offer.
Loan currency: Euro.
Minimum loan amount: €15.000.
Maximum loan amount: up to 100% of the market value.
Loan duration: 5-40 years.
Frequency of loan installment payments: monthly or quarterly (depending on customer choice).
Collateral: 130% of the loan amount.
Ability to early settlement of the loan in part or in whole with a penalty of 2% payable on the remaining loan balance.
Loan payment methods: at Hellenic Bank’s cashiers, with cash deposits, transfers from a deposit account, or by a standing order to Hellenic Bank to automatically transfer the payments from a deposit account (without fees).
Basic Advantages
Very low initial fixed interest rate of 5,00% for the first five years.
Ability to offer a grace period.
Low charges.
Quick approval process.
Free automatic payment of loan installments.
Additional Benefits
A number of additional benefits are offered with the Hellenic Home Fixed interest Rate loan that cover additional needs when purchasing a home such as:
Eligibility for the approval of Hellenic Bank Visa credit card (classic or gold) with two-year free membership and a 5,50% intereste rate, for the first 12 months, on credit card balance transfering from other banks.
Attractive home insurance package through Hellenic Bank
Google Adsence
Discover your site's full revenue potential.
Google AdSense is a fast and easy way for website publishers of all sizes to display relevant Google ads on their website's content pages and earn money. Because the ads are related to what your visitors are looking for on your site — or matched to the characteristics and interests of the visitors your content attracts — you'll finally have a way to both monetize and enhance your content pages.
It's also a way for website publishers to provide Google web and site search to their visitors, and to earn money by displaying Google ads on the search results pages.
Google AdSense is a fast and easy way for website publishers of all sizes to display relevant Google ads on their website's content pages and earn money. Because the ads are related to what your visitors are looking for on your site — or matched to the characteristics and interests of the visitors your content attracts — you'll finally have a way to both monetize and enhance your content pages.
It's also a way for website publishers to provide Google web and site search to their visitors, and to earn money by displaying Google ads on the search results pages.
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