Posts Tagged ‘Credit’
October 18, 2013 | 
Author Hawkeye Management the Small Business Loan Company Announces a New Whitepaper The Truth About Credit Card Financing
Blackwood, NJ (PRWEB) October 17, 2013
A small business owner who hangs around the Business Finance Lounge at all knows that Hawkeye Management talks a lot about business credit card financing and other forms of small business financing solutions. One of the reasons it is an important topic is because access to financing is one of the Top 3 Reasons Why Small Businesses Fail. So whether a small business needs/wants a small business loan or some other kind of working capital you may want to grab our new – and FREE – white paper about credit card financing.
The new whitepaper talks about:
The 6 core benefits that credit card financing offers a small business:
1. Get access to capital
2. Separate personal and business credit
3. Protect, preserve and improve a credit profile as money is borrowed
4. Obtain cash-flow friendly financing
5. Minimize interest expenses
6. Maximize tax benefits
The 3 of the most common myths about credit card financing:
Myth 1- Small businesses shouldn’t use credit card financing.
Myth 2- Other means of financing, such as Small Business Administration (SBA) loans, are more desirable.
Myth 3- If a small business owner must use credit card financing, the owner should use personal credit cards so that the business owner can enjoy the protections of the CARD Act.
The 4 steps to using credit card financing the right way:
*Use the right kind of business credit cards.
Keep credit utilization within acceptable levels.
Maintain plenty of available credit.
Treat your credit as an asset.
Business credit cards can be a great way to get low cost financing and protect, preserve, and improve credit profile if obtained and used wisely. Find out The Truth About Credit Cards here.
Hawkeye Management connects entrepreneurs and small business owners with up to $ 50,000-$ 150,000 or more in freely spendable business credit lines. Hawkeye Management understands the mechanics and realities of small business credit better than anyone. Hawkeye Management knows what works, what doesn’t work, and how small businesses can get the credit it needs as quickly as possible.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Posted in Personal Finance | 
Tags: about, Announces, Business, Card, Company, Credit, financing, Hawkeye, Loan, Management, Small, Truth, Whitepaper | 
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National Debt Relief Exposes Credit Card Facts That Most Consumers Do Not Know
Miami, FL (PRWEB) June 21, 2013
National Debt Relief, the leading provider of debt settlement services puts the limelight back on credit cards. On June 4, they published the article entitled “5 Little Known Facts About Credit Cards You Need To know.”
The article tackled the very controversial nature of credit cards and how some facts can affect the overall debt amount of consumers. In some instances, it makes the debt even worse than it already had become.
The debt relief company does not completely bash the cards. In fact, they admit that “credit cards can be wondrous tools” but it had to be used correctly. To do that, consumers must understand the whole nature of the plastic cards. This is what prompted National Debt Relief to publish the 5 facts that they believe consumers should know.
Here are the 5 facts that were discussed in the article.
The first fact is credit card companies have every right to raise their interest rates whenever they want to. These cards are notorious for having high interest and to have that increase further will also grow your debt balance. The article states that the first year of the cards is usually the only time the rates are safe from having a high increase. The article also mentioned that even if the consumer is a great card holder (e.g. pays on time), they will still increase rates if they feel like it.
To counter that first fact, the article revealed that consumers have every right to refuse that interest increase. This is fact number two. Card holders can actually write to their creditor to negotiate that they keep the old interest rate. There are three things that can happen. The card company can either lower the credit line, increase the monthly payment of the consumer or close the account. In case the creditor closes the account and the consumer agree that it is the best course, they should be given around five years to completely pay off the debt. Whatever is decided, the debt relief company warns consumers to put everything in writing.
The third fact involves the protection that these cards can give. The article is quick to say that this is not for all cards though. It includes purchasing something that does not arrive or receiving something that was not what the card holder ordered. Theft through credit cards are easier to track than stolen cash so that in itself is a protection for consumers.
The fourth fact that the article discussed involves fixed rates. Fact is, it may not be fixed at all. Or at least, the article notes that it will not stay fixed and that it can convert into a variable in the future. Of course, before this can happen, the law requires card companies to provide consumers with a 45 days notice.
The last fact that the article revealed is all about the balance. Sometimes, card companies do not impose a spending limit. In some cases, there is a limited amount that can be forwarded to the next month. The article admits that this can be confusing so they urge readers to read the fine prints on the credit card’s terms and conditions.
National Debt Relief hopes that through this article, consumers will be more cautious about how they use credit cards. The debt relief company have already worked with thousands of clients who are mostly burdened with credit card debt.
To read the whole article, visit National Debt Relief or call 888-703-4948 to talk to an International Association of Professional Debt Arbitrators (IAPDA) certified debt expert.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Eiffel Investment Group’s Long-Short European Credit Fund Won the New Fund of the Year Award at the Eurohedge Awards 2012
(PRWEB) January 31, 2013
Eiffel Investment Group is pleased and honored to announce that its long-short European credit fund, Eiffel Credit Opportunities, has won a “New Fund of the Year” award at the Eurohedge Awards 2012. The Eurohedge Awards are one of the most prestigious awards in the European hedge fund industry. Winners were announced by Eurohedge on January 24th, 2013, in London. Eiffel Credit Opportunities was chosen as the best “New Fund of the Year” (in a category comprising macro, fixed income & relative value funds), among seven highly performing nominees, based on its exceptional performance and Sharpe ratio in 2012.
About the Eiffel Credit Opportunities fund
Eiffel Credit Opportunities is a long-short European credit fund. It makes discretionary investments in credit instruments of European corporate and financial institutions, using bonds, loans and CDS. The strategy relies on a bottom-up, research-driven approach for credit selection. The portfolio consists of a limited number of high conviction catalyst-driven long and short core positions, plus more opportunistic trading positions. Deployment and exposure are managed dynamically with reference to credit market regime.
The Fund was incepted on 1 December 2011 and gained more than 20% in 2012 with a Sharpe ratio of more than 2. The strategy has a three year track record.
The fund manager, Emmanuel Weyd, has 20 years of experience of the European credit markets. Before joining Eiffel Investment Group early 2009, he was a Managing Director on the credit desk of J.P. Morgan’s proprietary trading division (PPB) in London. He had previously been co-head of European Credit Research at J.P.Morgan and head of Debt Capital Markets for a European region at J.P.Morgan. Emmanuel is supported by a team of four research analysts and a team of four operations & risk professionals, using the state-of-the-art infrastructure of Eiffel Investment Group.
About Eiffel Investment Group
Eiffel Investment Group is a fundamental investor in European credit and equity. The firm manages over EUR 300 million of proprietary and third party assets in a range of absolute return strategies: long-short credit, long-short sector-focused equity and long-term credit. The team relies on a research-intensive investment approach to identify attractive alpha generating investment opportunities.
Eiffel Investment Group is an independent firm, owned by its team alongside former Louis Dreyfus group Chairman & CEO Jacques Veyrat (the company was created end 2008 as an asset management division of the Louis Dreyfus group and spun-off mid-2011).
The firm and its principals have invested EUR 100 million in the funds managed by Eiffel Investment Group, ensuring a very strong alignment of interests with investors and a constant focus on risk management.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Posted in Equities & Stocks | Tags: 2012, Award, Awards, Credit, Eiffel, Eurohedge, European, Fund, Groups, Investment, LongShort, Year | 3 Comments »
www.paydayloansglobal.com – Try out our amazing Payday Loans Online program today! How awesome is it that you can now apply for payday loans online? We started this company to help people like you, people like us have a place to go that is stress free, simple to use, fast and efficient. Basically – we’re bringing you the best way to get money fast when you need it. It’s a simple online process. You fill out a form, then a group of leading lenders fights for the opportunity to lend you money. The competition leads to lower interest rates than you’d find at a regular payday loan store. I don’t know about you, but we find that awesome! Like we said, the process is super simple – at most you fill out 2 forms, then you’re connected with lenders. Within 15 minutes you could have the loan you need – in your bank account. There truly isn’t a better process out there. Unlike traditional loans – which require you to review and fill out dozens of pages worth of legal documents – here you simply prove who you are, and prove that you can pay back the loan. The exact way it should be. We’ve worked hard to partner up with the right companies to get you the best, fastest payday loans online.
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Salve Duplito, one of the hosts of ANC’s On The Money, lists the top personal finance trends to watch out for in 2013.
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How to start a Small Business with no Money and Bad Credit? How can I start a business with no money and bad credit I know it … answers.yahoo.com › … › Business & Finance › Small Business 12 answers – May 12, 2008 I want to start a buisness, but my credit sucks. I… … How can I start a business with no money and bad credit I know it sounds impossible just …. SCORE is a resource partner with the US Small Business Administration (SBA). Looking for small business grants with no money and bad credit … – Jul 30, 2011 I have no money and bad credit, how I can get help starting a … – Aug 18, 2010 Can I get a business loan with no assets & bad credit? – Yahoo … – Mar 25, 2010 Where can i get a start up business loan with bad credit and no … – May 27, 2008 6 Ways to Start a Business with Bad Credit www.businessknowhow.com/money/startbadcredit.htm It’s not easy to find money to start a business if your personal credit history isn’t pristine. … BusinessKnowHow.com small business and home business website … Plus, bad credit (or even no credit) will make it very difficult for business owners … How to Start a Small Business With Bad Credit | eHow.com www.ehow.com › Business If you have bad credit, you know how hard it is to get things accomplished. You have … In order to start a business with no money, try using credit cards. Find out … How to Start up Your Own Small Business with No Money — and Bad … bigenoughbusiness.com/how-to-start-up-your-own …
Statman, Harris & Eyrich, LLC Announces Investigation into Credit Reporting Agencies’ Practices in Correcting Errors in Consumer Reports
Cincinnati, Ohio (PRWEB) August 25, 2012
The law firm of Statman, Harris & Eyrich, LLC announces an investigation on behalf of consumers into the activity of credit reporting agencies in connection with the agencies’ practices in timely correcting errors in consumers’ credit reports. Credit reporting agencies such as Equifax, Experian®, and TransUnion® track consumer credit history and payment records and analyze the information to determine the risks posed by extending credit to the consumer for any kind of loan. Additionally, credit reports may impact eligibility for rental housing, the amount of deposits required for utility or telephone service, and premiums for auto or homeowners’ insurance. Pursuant to the Fair Credit Reporting Act (FCRA) 15 U.S.C. § 1681 et seq., credit reporting agencies have, in general, thirty days to correct errors on consumer reports.
Specifically, the investigation focuses on problems consumers encounter in trying to resolve disputes about the information contained in their credit reports. Reported information includes financial credit history, civil judgments, liens, and bankruptcies. According to remarks made by Richard Cordray, Director of the Consumer Financial Protection Bureau, on July 16, 2012 during a field hearing in Detroit, Michigan, “the collateral consequences of mistakes can greatly harm consumers. The wrong information may cause them to be denied a loan, to be charged a much higher interest rate, or to be passed over for a job, causing them serious economic hardship.”
Individuals who have been denied credit, denied credit on favorable terms, or suffered other economic hardship due to the failure of a credit reporting agency to timely correct credit reporting errors who wish to discuss this investigation with an attorney, are encouraged to contact Jeffrey P. Harris, Esq. at (513) 345-8181 or via e-mail at jharris(at)statmanharris(dot)com for further information without any obligation or cost.
Statman, Harris & Eyrich, LLC, which has significant experience in complex litigation, including consumer and securities fraud class actions and derivative litigation, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. http://www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Statman, Harris & Eyrich, LLC
Jeffrey P. Harris, Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181
E-mail: jharris(at)statmanharris(dot)com
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Posted in Derivatives | Tags: Agencies, Announces, Consumer, Correcting, Credit, Errors, Eyrich, Harris, into, Investigation, Practices, Reporting, Reports, Statman | 3 Comments »
Article by Wayne T
At this time of financial uncertainty, and we’re all going through it, anyone who is trying to stay afloat and keep their assets must eliminate credit card problem. There are few options for anyone trying to stabilize their credit in the shortest period of time.
Are you in trouble with high credit card debt? Do you feel stressed to the point you don’t know which way to turn to get the help that you need? There are several places you can go to get the right information you need to help determine which is the best solution for your situation in resolving credit card debt.
1. Over the last 30 years the credit card industry has grown exponentially and the consumer debt collection business has as well.
2. The Federal Reserve and Business Week report 3.7 billion of consumer debt in 1970 increased to .5 trillion of consumer debt in November 2007.
3. According to ACA International, a consumer debt collection trade group, each year debt collectors return more than billion to the U.S. economy.
4. According to data from the U.S. Census Bureau, there were 159 million credit card holders in the United States in 2000, 173 million in 2006.
According to the American Banking Associate, 4.75 percent of bank cards were delinquent in the first quarter of 2009. The point is, there are millions of delinquent credit card accounts to go around to ambitious debt collectors and collection attorneys.
Today, all debt collectors and collection attorneys don’t expect to collect from all debtors on their lists. They would consider themselves successful if they collected half of the people they pursue. Their time is money, so why should they waste time to go after an educated consumer that knows how to legally resist credit card debt collectors. Well informed debtors understand the process needed to eliminate credit card debt and can handle the attorneys and debt collectors smartly and with resolution.
Bankruptcy is a very difficult experience for anyone to handle. If bankruptcy is filed and issued it remains on the consumers credit report for ten years. A whole decade of poor credit.
In keeping with the Fair Debt Collection Practices Act, debt collectors or collection attorneys initial demand for payment can signal to the collectors that this consumer is educated in debt collection matters and knows his or her rights. Therefore, he or she is not a good candidate to continue to pursue with or without court action.
Debt collectors can threaten a lawsuit. Collection attorney’s letterheads can be very scary, but people that take the time to educate themselves properly can motivate agencies and attorneys to focus their energies elsewhere. It’s all about the documentation. The consumer needs to respond, in writing, to the collection people so everything is done legally and in a proper manner.
Next…discover the tricks and tips to reduce credit card debt…go here. http://www.waynet-reviews.com
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Britain’s got big bills to pay, but is looking to a century-old solution when times were even tougher. Never-ending loans to cover the cost of the First World War are still being repaid today, but the Treasury Chief is planning more. And that means a financial headache for tomorrow’s children, as Ivor Bennett reports. RT on Twitter: twitter.com RT on Facebook: www.facebook.com
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Article by matthiw coach
Consumers ought to not believe every thing they hear about credit card debt settlements, of which, have lately been under attack. Even though a few poor apples can give virtually any business a poor representation, it isn’t typically the truth.
Whilst some from the poor apples of personal debt relief firms could be frauds, the majority of the organizations honestly attempt to sincerely assist their clients remove their unguaranteed consumer debt. The rest of this article will present you the falsities and the truth within the unsecured debt relief industry.
Upon obtaining a credit debt settlement program, your credit card is going to be effected in a negative manner. Nevertheless, it isn’t as bad as reaching personal bankruptcy, which takes a many more years to recover from. If a unsecured debt reduction firm informs you they could eradicate your unsecured debt that’s unguaranteed and it won’t effect the score they are certainly not telling the truth. Consequently you have to look in other places for a more honest firm, as they may well lie to you once again in the future.
Even though each situation is diverse, regular consumer debt settlements can eliminate 60% of the personal debt. Even though it can vary, it depends about the general status on your accounts and how great a debt settlement company is good at reaching negotiating with your creditors. You have to get a trustworthy and productive organization, and you have to know exactly where to look.
If you’re one of those in credit debt and want to get out of it, I can inform you a necessity of discovering the correct company. In no way just go straight to any debt relief organization, but very first go via a credit card debt alleviation network that’s connected with various debt firms which are reputable. To be a component of this network, they should demonstrate a great track record of getting rid of consumer debt for their clients, and they should pass an ethical standards test. Going via a credit debt relief network for example this will guarantee that you identify the most trustworthy and hard-working personal debt relief settlement
firm.
To locate reputable debt settlement companies and get a Free Personal Debt Relief Review take a look at the following link:Free Debt Advice
About the Author
DebtBankrupt.com is a matchmaker in the debt settlement industry. They have paired up thousands of consumers up with debt settlement companies who are most likely to get consumers the best deal.
http://www.DebtBankrupt.com
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www.euronews.com Some news from Cyprus, which sounds uncannily like news from Greece: the country does not have access to the international capital markets and economic reforms are going at a snail’s pace. Cypriot banks are drowning in greek junk bonds. That’s why they need a muti-billion euro lifeline now too… More new faces are showing up at the soup kitchen in the southern Cypriot city of Limassol, entire families asking the orthodox church for a free meal. The church is warning that some radical new changes are afoot. Cyprus needs a bailout. The communist ruled EU-member is cash-strapped. Unemployment is on the rise and the economic outlook is gloomy. Fifty-seven year old Costas is looking for a job. Nothing special: just something, anything. But instead of blaming the lack of competitiveness of the Cypriot economy, banks for their investment choices, or even the politicians for not having reformed the island’s economy in time, he blames the EU’s free labour market. Costas Panayi, unemployed, Limassol “In Cyprus there is a big problem now. Iit is getting worse, because more people come here to eat. They do not have food…300 people and families… and there are no jobs in Cyprus, because of the Europeans that came from Romania, Bulgaria, all over the place – and they take the jobs of the Cypriots.” But the problem also lies elsewhere: Cyprus suffers from it’s close links to crisis-shaken Greece. Just nearby the church’s soup kitchen, Cypriots and tourists mingle …
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BD Nationwide Mortgage Provides a Convertible House Equity Line of Credit with Alternatives to Refinance Portions to a Fixed Rate Second Mortgage Loan
Encinitas, CA (PRWEB) August 29, 2006
BD Nationwide Mortgage introduces a wise house equity loan that can separate into numerous loans with each fixed and adjustable rates. BD Nationwide has released a new house equity product that boasts of a convertible residence equity line of credit providing choices for turning variable interest rates into fixed rate second mortgages. BD Nationwide proudly presents the “Fixed Rate HELOC Conversion Program.” This special property equity program allows homeowners to convert portions of their adjustable rate equity line into fixed rate residence equity loans. Yet another important feature is that these second mortgages enable you to keep the unused portion of the house equity line open, even though fixing the interest rate for the specified portion. In that sense, the HELOC splits into two loans. (one loan is a fixed lump-sum loan and the other is an open finish line of credit)
Conversion alternatives are accessible to convert a portion or all of the home equity line balance to a fixed interest rate property equity loan. This program allows you to convert HELOC portions to fixed rate loan eight times during the draw period.
Advances for fixed second mortgage rates can be requested at anytime during the ten-year draw period: Three fixed rate advances may be open at any one time. The conversion feature limits you to a total of eight fixed rate advances might be requested over the draw period. In addition, there are no lending fees to convert to a fixed rate. Loan advance possibilities are based on the balance requested.
Lynda Nelms, a Sr. Loan Officer and Mortgage Consultant at BD Nationwide, stated, “This is a progressive loan that permits my borrowers to be savvy using their residence equity when they see fit, while converting adjustable rate interest into a fixed rate second mortgage with a easy interest amortization.” Nelms continued, “These days I discover homeowners require cash out for debt consolidation or residence improvements, but they already have a large second mortgage.”
The Fixed Rate HELOC Conversion Program enables our clients to refinance and convert their existing line of credit into a fixed rate second mortgage, even though opening up an extra revolving credit line they can access later. This residence equity conversion loan is a wonderful solution for the current dilemma of refinancing jumbo house equity loans that seem to be so frequent with million dollar homebuyers. BD Nationwide Mortgage Company has partnered with many of the nations leading house equity lenders.
Property Equity Line of Credit Draw Period : 10 years
Second Mortgage Rate is a Variable Rate ( WSJ prime interest rate index plus margin)
Residence Equity Loan Terms: 15, 20, 25 or 30-years
Second mortgage rates are fixed interest rates (fixed interest based on industry conditions on the conversion date)
Property Equity Loan Repayment Terms:
Borrower may request a fixed rate advance from the customer care dept. right after the lender funds the loan.
Fixed Rate Advance Alternative: Fixed-rate advance possibilities can initially be requested by loan officer at the time of disclosures.
To find out a lot more and get additional loan info, please visit: Second Mortgage & Property Equity Loans
About BD Nationwide Mortgage Company:
BD Nationwide Mortgage is a second mortgage broker with corporate headquarters in Encinitas, California. They specialize in refinance, home equity loans and credit lines for homeowners searching for debt consolidation or money out. The business focus remains solidified with second mortgages for folks with all varieties of credit. Always striving to offer you “out of the box” loans, BD Nationwide Mortgage is determined to aid expand financing solutions so more Americans can maximize the monetary rewards of becoming a homeowner.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Posted in Equities & Stocks | Tags: Convertible, Credit, Equity, Fixed, Home, Line, Loan, Mortgage, Nationwide, Offers, Options, Portions, Rate, Refinance, Second | 4 Comments »