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Nearly all of the bankruptcies in the United States are a result of severe credit card debt that people cannot repay. The mere design of credit contracts enables them to rob you of thousands of dollars in interest fees each year, on top of repaying what we tend to spend so freely.
The Biggest Internet Criminal Schemes This YearThere is a huge black market for financial data that is increasing lucrative for criminals. They look to steal your personal data using various techniques which include bogus websites.
What Are Collection Agencies?A collection agency is a kind of business that engages in debt payments owed by businesses or individuals. Several collection agencies function as creditor agents and collect debts for a percentage or fee of the total owed amount. Most of the collection agencies are referred to as debt buyers as they purchase debts for a part of value from creditors and track the debtor for remaining amount.
Mortgage Arrears – Repossession Reality Part 2In the UK repossessions are continuing to make the news as homeowners affected by the recession can no longer meet their mortgage repayments and have fallen into arrears. In the Daily Mail last year they reported that on July 9th, “Seventy-four homes are to be repossessed today and the number of homeowners losing their property is expected to rise to 123 a day by the end of the year,” with figures obtained from the charity Money Advice Trust.
What is Transactional Funding and How it WorksDiscussing new methods of financing to complete hard to do real estate transactions. Real estate investors have been struggling getting deals done after the banks changing business criteria.
Internet Offshore Banking – Open an Offshore Account the Easy WayThe benefits of offshore banking have been clear for decades, but usually only available to the very rich. You may imagine someone on a private yacht making a call to their Cayman Islands bank, handling large transactions incognito. But the expenses incurred when traveling abroad or wiring money by telephone made the reality of offshore banking prohibitively expense.
Market Transparency – Part 1Market transparency refers to the ability of market participants to observe the information in the trading process. Despite the simplicity of this definition, the issue of transparency is remarkably complex. One difficulty relates to exactly what information is observable. For the purpose of this discussion we will assume that a market is said to be transparent if the order flow can be observed.
Why Banks Should Be Targeting HispanicsSavvy bankers understand that it is important to establishing relationships with foreign-born Hispanics at the beginning of the acculturation process. Education is an important part of the dialogue. While many consumers are familiar with fast food restaurants because they come from countries where Burger King operates, this may not be true when it comes to financial services.
How to Grow Your Lottery JackpotWinning at the Lotto means playing a system consistently with goals, ritual, and enjoyment. To avoid squandering your lottery jackpot, pay heed to these tips.
The Benefits of Using a Collections AgencyCompanies that are involved in the service industry are finding the need to use collection agencies. As services remain unpaid, many companies are looking for a cost effective and highly professional solution for debt collection.
You May Be Able to Get a Government GrantFunding is available for any number of people who may qualify for a variety of reasons to get a government grant. The qualification process will help each agency decide if you are eligible and can receive the funding. However, grants for the purpose of personal financial assistance are not allowed.
Helping You Get Your Dream Home – Grants For First Time Home BuyersGrants for first time home buyers are a very real thing, except that there are a lot of strings attached in the entire process. This is to be expected, since a recipient of such a grant is getting it for free.
How to Apply For Government Grants – The Simple, Down-to-Earth VersionLearning how to apply for government grants is not as easy as the media and skeptics portray it to be. Everybody wants money for something, but not everybody is actually eligible to receive such a government grant.